BTC/USDSelling in Bitcoin is gathering momentum, as it continues to slump towards its critical support at $6,075.
The frequent crisscrossing of the 20-day EMA and the 50-day SMA also supports our view of a range bound action.
ETH/USDThe bulls have failed to hold the $492.5 support levels on Ethereum.
We expect the bulls to defend the support zone of $0.45351-$0.56270.
BCH/USDBitcoin Cash has broken below the minor support at $878. It should now take support in the zone of $736.0137-$777.5304.Any attempt to pullback will face resistance at the 20-day EMA, which is near the downtrend line.
LTC/USDLitecoin broke down of the critical support at $107.102 on June 12, which completes the bearish descending triangle pattern.
The first support is at $84.708 and below this, the next support is at $75.131.
The RSI is also close to the oversold levels, which points to the possibility of a bounce off the major support.
Any break of the support on a closing basis can extend the decline to $0.1 levels.
IOTA/USDThe bulls could manage to hold the $1.33 levels only for a day on June 11, post which, IOTA continued its journey southwards.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 13
Publicado en Jun 13, 2018
by Cointele | Publicado en Coinage
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