Currently, the bears are attempting to sink the price below the 20-day EMA. If successful, the BTC/USD pair can drop to the next support at $9,097.
If the bears sink the price below $235.70, the 20-day EMA at $229 might act as a support.
A break below the 20-day EMA will be a negative sign and it can drag the price to the next support at $197.75.
The failure to do so attracted profit booking that dragged the price below the 20-day EMA, which is a negative sign.
If the price stays above $0.26362, the bulls will again attempt to carry the price to $0.34229.
For now, the traders can keep the stop loss on the long positions at $0.26.BCH/USDBitcoin Cash reversed direction from close to the stiff resistance at $500. The sharp correction dragged the price below the ascending channel.
This triggered further selling that dragged the price to the 50-day SMA at $243. Currently, the price has bounced off sharply from the 50-day SMA.BSV USD daily chart.
Conversely, if the price turns down from $23.5213, the bears will make another attempt to sink the price below $18.26.
Currently, the bears are attempting to sink the price below $2.7809234.
Currently the bears are attempting to sink the price below $0.0560221.
Price Analysis Feb 17: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
Publié le Feb 17, 2020
by Cointele | Publié le Coinage
Mentionné dans cet article
Another mainstream company is seeking approval to invest in crypto
Anthony Scaramucci's investment firm, SkyBridge, seeks approval from the SEC to invest in crypto.
COVID-19 popularized decentralization, but blockchain may not catch on
On Nov. 9, drugmaker Pfizer announced that its COVID-19 vaccine is 90-plus percent effective, and even though it may be premature to proclaim the pandemic's end - as the virus continues to rage in the United States and Europe - once can at least speculate: Where will blockchain adoption stand when the crisis abates?
Bitcoin hits new 2020 high at $16.7K -Traders expect bigger breakout
The price of Bitcoin hit a new yearly high at $16,717 on Binance.
The next big crypto market could be fantasy sports, says Messari
As "Digitally native" ecosystems like esports continue to synergize with blockchain technology, industries like fantasy sports could be primed for mass adoption, says digital research firm Messari.