[ad_1]
When the encrypted regulations are on the edge of finalizations by authorities around the world and beyond that, the macro factors that are susceptible to new currencies of age – the digital currency caused a slight uptrend in the most of the cryptocurrencies that can be discussed later this analysis. Analyzing the current scenario, investor capital is gaining value where the first twelve cryptocurrencies have started to gain momentum for all those who have invested. Let's take a look at the current scenario of all these currencies.
Price analysis of Bitcoin – BTC / USD
The 1st largest cryptocurrency – Bitcoin with its market capitalization stands at the level of $ 65,996,858,694.03: 41 UTC on December 20 has suffered a decline in current value of 40% compared to the level of November 13, however at the moment believes it has created a dramatic upward trend of 17% compared to December 16, as analyzed by the aforementioned chart. The main causes of the decline in value compared to the recent historical maximum were, of course, competitive pressure, bearish moments and macro factors all over the world. But the current value trade above EMA means a "bullish value" in value. The "downtrend" means and explains the scenario in a much better way than how the BTC / USD pair has created a downtrend from its historical maximum date. Those involved in trading activities are better off trading today to raise value as the current price trade above EMA. Now let me guide you through a milestone that this cryptocurrency has achieved in the recent past. The BTC / USD remained in the range range from September 9th to October 14th of this year, as the cryptocurrency recorded a rally from $ 6183 to a maximum of $ 7775, with a return of 25.74% within 35 days. However, based on the current trend, the next level of support could be $ 4200.
Price analysis of corrugations – XRP / USD
The 2nd largest cryptocurrency – Ripple with its market capitalization stands at the level of $ 14,549,548.855, 03:41 UTC of December 20 fell in current value of 34.28% compared to the level of 06 November, however recorded a gain of 28% on December 15th as analyzed by the aforementioned graph. It seems that Ripple has followed in the footsteps of the crypto major – Bitcoin! The main causes of the decline in value compared to the recent historical maximum were, obviously, the competitive pressure and the strong downward trends of the whole world. But the current value trade above EMA means a "bullish value" in value. The "downtrend" means and explains the scenario in a much better way than the XRP / USD pair has created a downtrend from its all-time high. Those involved in trading activities are better off trading today to raise value as the current price trade above EMA. Now let me guide you through a milestone that this cryptocurrency has achieved in the recent past. The XRP / USD remained in the range range from 9 September to 14 October this year, as the cryptocurrency recorded a rally from $ 0.38 to a maximum of $ 0.57, which is 50 %, an extraordinary return within 25 days. However, based on the current trend, the next support level could be $ 0.40.
Price analysis of Ethereum – ETH / USD
The third largest cryptocurrency – Ethreum with its market capitalization stands at $ 10,641,832.942, 03:41 UTC on December 20, reported a decrease in current value of 51.35% compared to the level of 06 November analyzed by the chart above . The main causes of the fall in value are obviously the competitive pressure, the bearish moments and the macro factors of the whole world that make it the lowest minimum of the day before the exhaustion. As we can see from the previous graph that both the moving averages indicate a negative trend since the 20-day decreasing EMA shows that the balance is inclined in favor of the sellers. The "downward channel" means and explains the scenario in a much better way. Those who are involved in trading activities, it is better to stay on the margins until the current value begins to operate above the EMA. However, those who would like to invest in this cryptocurrency, the current decline represent the best opportunity to invest. ETH / USD has remained in a range between September 12th and September 20th of this year, as the cryptocurrency has recovered from a minimum of $ 184 to a maximum of $ 255, with a yield of 38.5% in eight days. However, based on the current trend, the next support level could be $ 116.
Bitcoin cash price analysis: BCH / USD
The fourth largest cryptocurrency – Bitcoin Cash with its market capitalization stands at $ 2,434,503,929, 03:41 UTC of December 20, decreased by the current value of 77.32% compared to the level of 06 November, as analyzed in the graph above. The strong downward pressure caused a fall in the current value making it the lowest minimum of the day before exhaustion. As we can analyze from the above graph, both the moving averages indicate a negative trend while the 20-day decreasing EMA shows that the balance is inclined in favor of the sellers. The "downward channel" means and explains the scenario in a much better way. However, let's not forget that even if moving averages continue to fall, the 14-day RSI has been a "positive divergence" in recent days. This is a bullish sign. Traders are advised to stay on the sidelines until the current value starts trading above the EMA. However, those who would like to invest in this cryptocurrency, the current decline represent the best opportunity to invest. Now let me guide you through a milestone that this cryptocurrency has achieved in the recent past. The BCH / USD remained in a range between October 29th and November 4th of this year, since the cryptocurrency has gathered from a minimum of $ 408 to a maximum of $ 642 which is a 57% – a extraordinary return within six days. However, based on the current trend, the next level of support could be $ 170.
EOS – EOS / USD price analysis
The fifth largest cryptocurrency – EOS with its market cap stands at the level of $ 2,292,366.984, 03:41 UTC of 20 December has slipped in current value of 54.7% compared to the level of 06 November, however traded with gain of 52 % compared to December 07, as analyzed by the graph above. But the current value trade above EMA means a "bullish value" in value. The "downward channel" means and explains the scenario in a much better way than how the EOS / USD pair has created a downtrend from its all-time high. Those involved in trading activities are better off trading today to raise value as the current price trade above EMA. Now let me guide you through a milestone that this cryptocurrency has achieved in the recent past. The EOS / USD pair remained from 9 September to 14 October this year, as the cryptocurrency recorded a rally from $ 4.5 to a maximum of $ 6.8, which is 51%, an extraordinary return within 15 days. However, based on the current trend, the next support level could be $ 2.82.
Stellar price analysis – XLM / USD
The sixth largest cryptocurrency – Stellar with its market cap stood at $ 2,232,138,660, 03:41 UTC on December 20, fell by 57.48% of the current value compared to the November 11 level, however it rose by 25% compared to December 16, as analyzed by the aforementioned graph. Let's not forget that the strong downward pressure caused a decrease in the current value making it the lowest minimum of the day before the exhaustion. As we can analyze from the above graph, both the moving averages indicate a negative trend as the 20 declining day EMA shows that the balance is inclined in favor of the sellers. The "descending channel" processes the scenario in a much better way. Those who are involved in trading activities, it is better to stay on the margins until the current value starts trading above EMA. However, those who would like to invest in this cryptocurrency, the current decline represent the best opportunity to invest. In the full scenario, the XLM / USD pair has remained at levels between September 10th and September 23rd of this year, as the cryptocurrency has gathered from a minimum of $ 0.191 to a maximum of $ 0.303. , which is 58.6%, an extraordinary return within 13 days. However, based on the current trend, the next support level could be $ 0.130.
Price analysis of the tether: USDT / USD
The seventh largest cryptocurrency – Tether with its market cap stood at $ 1.891.227.431, 03:41 UTC on December 20, again 4.25% from the December 5 level, as analyzed in the chart above. Those who are involved in trading activities, it is better to take advantage of trading this currency, since the current value traded above 20-day EMA means "bullish value" in value. It seems that bullish schemes have been created as of now. Now let me guide you through a milestone that this cryptocurrency has achieved in the recent past. The USDT remained in a range between December 14 and December 17 of this year, as the cryptocurrency recorded a rally from a minimum of $ 1.015 to a maximum of $ 1.043, with a return of the 2.75% in three days. However, the previous one went from November 30th to December 8th and offered a huge return to investors. However, based on the current trend, the next support level could be $ 1,130.
Litecoin price analysis – LTC / USD
The eighth largest cryptocurrency – Litecoin with its market capitalization stands at $ 1,771,000,963, 03:41 UTC on December 20 fell by current value of 46.62% compared to the level of 06 November, however it is traded with 34.5% compared to December 13, as analyzed in the graph above. Let us not forget that the current value traded above EMA indicates a "bullish value" in value. The "downtrend channel" means and explains the scenario in a much better way than how the LTC / USD pair has created a downtrend from its historical maximum date. Those involved in trading activities are better off trading today to raise value as the current price trade above EMA. Now let me guide you through a milestone that this cryptocurrency has achieved in the recent past. The LTC remained in a range between October 29th and November 6th of this year, as the cryptocurrency rose from a minimum of $ 48.57 to a maximum of $ 57.223, which represents a yield of 17.8% within eight days. However, based on the current trend, the next level of support could be $ 34.
Price Analysis SV Bitcoin – BSV / USD
The 9th largest cryptocurrency – Bitcoin SV with its market capitalization stood at $ 1,581,124,908, 03:41 UTC on December 20 cut the current value by 35.6% compared to the level of 17 November, however it is traded with 31 , 6% relative to December 15th as analyzed by the aforementioned graph. Let us not forget that the current value traded above EMA indicates a "bullish value" in value. People involved in trading activities are advised to buy today to raise value as the current price trade above EMA. Now let me guide you through a milestone that this cryptocurrency has achieved in the recent past. The BSV remained in the range range from November 23rd to December 7th of this year, as the cryptocurrency rose from a minimum of $ 43.36 to a maximum of $ 114, which is 162.9% – a extraordinary return within 14 days. However, based on the current trend, the next level of support could be $ 105.
Price analysis of Tron – TRX / USD
The tenth largest cryptocurrency – Tron with its market cap stood at $ 1,065,975,659, 03:41 UTC on December 20 fell by 35% from its November 6 level, but started to soar. gaining 37.5% compared to November 26, as analyzed by the graph above. Let us not forget that the current value traded above EMA indicates a "bullish value" in value. With this, the TRX / USD created "Triangle" experimenting with fluctuating trends up to the date that can be interpreted by the graph above. People involved in trading activities are recommended to trade and to a larger amount of money to raise value as the current price trade above EMA. Now let me guide you through a milestone that this cryptocurrency has achieved in the recent past. The TRX remained in a range between September 18 and October 14 of this year, as the cryptocurrency gathered from a minimum of $ 0.0181 to a maximum of $ 0.0280, equal to 54, 69% – an extraordinary return within 26 days. However, based on the current trend, the next support level could be $ 0.020.
Price analysis of Cardano – ADA / USD
The eleventh largest cryptocurrency – Cardano with its market cap stood at $ 910,124,226, 03:41 UTC on December 20, fell by 57.65% of the current value compared to the level of 06 November, however it gained in current value of 31.5% compared to December 15th. It appears that the current value starts operating above the EMA, thus rapidly increasing the value of investor capital. The main causes of the decline in present value from its high historical level were, of course, competitive pressure, downside moments and macro factors. With this, the ADA / USD pair created "downward channel" means and explains the scenario in a much better way. However, let's not forget that even if moving averages continue to fall, the 14-day RSI has been a "positive divergence" in recent days. Beyond that, the "upper price range" and the "lower price range" from mid-October through November 12 observed fluctuating flat trends. However, based on the current trend, the next support level could be $ 0.040.
IOTA price analysis – MIOTA / USD
The twelfth largest cryptocurrency – IOTA with its market capitalization stands at $ 788,619,998, 03:41 UTC on December 20, fell 44.73% of the current value compared to the level of 06 November, however at the moment it is believed to have created a dramatic upward trend of 35.13% compared to December 14, as analyzed by the aforementioned chart. The main causes of the decline in value compared to the recent historical maximum were, of course, competitive pressure, bearish moments and macro factors all over the world. But the current value trade above EMA means a "bullish value" in value. The "downward channel" means and explains the scenario in a much better way than how the IOTA / USD pair has created a downtrend from its all-time high. Those involved in trading activities are better off trading today to raise value as the current price trade above EMA. Now let me guide you through a milestone that this cryptocurrency has achieved in the recent past. The IOTA / USD remained the range range from 9 September to 14 October this year, as the cryptocurrency rose from a low of $ 0.4345 to a maximum of $ 0.80 which is 84% - a extraordinary return within 12 days. However, based on the current trend, the next support level could be $ 0.35.
