Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, IOTA, EOS: Price Analysis, May 11

Even if Bitcoin only reaches the lower end of the range, it will return about 125 percent from the current levels.

BTC/USDBitcoin attempted to hold bounce off the 20-day EMA on May 09 but could not find buying support at higher levels.

The ETH/USD pair has support at $656.55, which is the 38.2 percent Fibonacci retracement level of the rise from the lows of $363 to $838. If this level also breaks, $600.50 should act as a strong support, which is the 50 percent retracement level.

BCH/USDBitcoin Cash failed to sustain above the $1,600 levels on May 10, resulting in a breakdown below the ascending channel.

Currently, prices have recovered from the lows, and the bulls are trying to climb back above the 20-day EMA. If the levels hold, Bitcoin Cash will again attempt to scale above $1,600.

LTC/USDLitecoin has broken below the ascending channel, the 20-day EMA, and the 50-day SMA. It is currently struggling to hold the horizontal support at $141.026.If the LTC/USD pair sinks and closes below $141 levels, it will become negative and can decline to $127 and below that to $115 levels.

If the levels hold, the digital currency will continue to trade inside the small range of $141-$167. Due to the overall weakness, it is better to wait for the decline to end before buying.

The bulls failed to sustain the price above the breakout levels of 0.00003445, which resulted in a slump that broke below our stop loss at 0.000032.

The IOTA/USD pair has a minor support at the $1.81 levels from where it is trying to rebound.

The bulls are trying to defend the 50 percent retracement levels of the rally from $5.9610 to $23.0290.The EOS/USD pair can decline to the support line of the descending channel, which also coincides with the 61.8 percent Fibonacci retracement levels.