Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 08

The first signs of recovery will be when the BTC/USD pair breaks out and sustains above the 20-day EMA. Confirmation of a change in the short-term trend will be on a breakout and close above $7,941.

A break of $0.633 can sink the XRP/USD pair to $0.56 levels, whereas, a break above $0.75 can carry it to the downtrend line of the descending triangle.

A break below $1060 will tilt the advantage in favor of the bears while a breakout of the $1306 levels indicates advantage bulls.

The BCH/USD pair periodically enters such small ranges before breaking out or breaking down from it with force.

We are not bailing out of the position yet because both the moving averages are trending up and the price has still not broken below the 20-day EMA.LTC/USDLitecoin has failed to scale above $127 levels our buy recommendation provided in the previous analysis did not trigger.

There is strong support at $115. If the support holds, the digital currency might consolidate in a tight range for a few days, before breaking out or breaking down from it.

Though the pattern targets are way lower, the LTC/USD pair can easily decline to $84.708.The cryptocurrency will gain strength in the short-term once it breaks out and sustains above $127. It will be completely out of danger once it breaks out of the downtrend line of the descending triangle.

ADA/USDAfter failing to break out and close above $0.23, Cardano has turned down.

The digital currency will gain strength if the bulls succeed in breaking out and sustaining above $0.303 levels.

If the $1.33 level also breaks, the drop can extend to $0.9150.Our bearish view will be invalidated if the bulls hold $1.63 and trigger a strong bounce from there.