I was previously long on ETh and i still believe it. ETH is in ascending channel but before moving further may need correction. If bulls manage to break the resistance line of ascending channel then there is chance of meeting the $3000 price for ETH. If direction reverses and break EMA then it may drop to support line of ascending channel.
BTC may break the SMA50 at $56947 which then may rally to $61825 and then to $64849. If the bears break $50,460 support then could result in a decline to $46900 and then to the critical support at $43,006.77.
bulls are trying to push the price above the downtrend line. If they succeed, the pair could again rise to $1,000. If the price turns down from the downtrend line, the bears will make one more attempt to sink the price to the 50-day SMA ($629).
The sentiment has turned negative and traders are selling on rallies. This will increase possibility of reaching the SMA50 at $218. if this also breaks then price may drop to $168.
If the UNI/USDT pair closes below the 50-day SMA today, the decline could extend to $25.52 in the next few days.
Bulls are defending the $26.5 support. If bulls can sustain the recovery then DOT range for few days. A breakout of the moving averages will be the first sign of strength while a break below $26.50 will signal the possible start of a new downtrend.
Bulls passed the $1.03. They will now try to break the moving averages. If they manage to do that we meet $1.48 price for ADA. On the contrary, if the price again turns down from the 20-day EMA, the bears will attempt to sink the pair to $0.80 and then to $0.70.
If the bulls sustain the price above the 20-day EMA, the pair may attempt to rise to $0.35.
If the price turns down from EMA20 at $1.21 we can expect to watch the fall to SMA50. Alternatively, if the bulls push the price above the 20-day EMA, the XRP/USDT pair could rise to $1.46.
BNB has tried the $600 resistance but could not pass it. Buyers will push the resistance again, if they can thrust price above $638 resistance then BNB is going to reach $832.
Bulls will retest the $2500 to $2645 resistance zone. If they manage to do that then first target to watch is $2745 and then $3000. Bu if they fail then ETH may consolidate for few days in between $2040 and $2500.
Moving averages have completed bearish crossover and RSI is near oversold territory indicating the possible change in sentiment. If sellers can sustain price below $50460 then price drop to $43006. But for now price has rebounded if buyers can move price above moving averages next uptrend will start.
If BNB breaks the $600 to $608$ resistance then it may reach our first target at $638 and then to $832.
If ETH manages to break $2545 resistance the rally may extend to $2745 and then $3000
With XRP gaining support at EMA20 then rally may lead to $1.56.
If the support at $0.270 is lost then price may drop to EMA20 at $0.19 and then to $0.14.
If ADA breaks EMA20 at $1.27 upward then we may expect rise to $1.48. but i personally believe ADA will remain ranging for next few days in between $1.03 and $1.48.
with breaks of $31.55 then price may drop to $26.50.