BTC/USD. Bitcoin has broken below the small descending channel and the psychological support at $9,000.
The selling has intensified today and the altcoin has plunged below the next support at $235.70.
XRP/USD. XRP plunged below the $0.26362 support on Feb. 25, which triggered our suggested stop loss on the long positions at $0.26.
BSV/USD. Bitcoin SV broke below the critical support at $236 today, which is a huge negative.
If the price sustains below $236, the decline can extend to the next support at $173.66, which was the intraday low made on Jan. 14, when the BSV/USD pair had jumped 144.40% in a single day.
If the bears fail to sustain the LTC/USD pair below the channel, the bulls will make another attempt to push the price above $66.1486.
EOS/USD. EOS has broken below the 50-day SMA and the support at $4.00.
If the bulls fail to push the XTZ/USD pair above the 20-day EMA, the bears will attempt to sink the price back below $2.5263.
The bulls are currently attempting to defend the support at $0.0461161, which is just below the 61.8% Fibonacci retracement level of $0.0475943.
If the price rebounds off the support, it might move up to the downtrend line, which is likely to act as a stiff resistance.
Price Analysis Feb 26: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
Publié le Feb 26, 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.