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Price analysis of Bitcoin – BTC / USD
The first biggest cryptocurrency, Bitcoin with its market capitalization of $ 62,868,255,286, 04:07 UTC on December 10, fell 46% from the October 16 level due to strong downward pressure and forces competitive that can be analyzed from the graph above.
Let's take a look at the technical picture of the BTC / USD pair as follows:
Since we can analyze that the BTC / USD is currently trading below the EMA which represents the "downtrend" in the market. With this, the declining EMA signals a negative sign. The 20-day fall EMA and the RSI in oversold territory show that bears have the upper hand. Let us not forget that the BTC remains in a bearish trend in its medium-term prospects. While no bullish model indicating a purchase, therefore, it is better to stay on the sidelines. With this, traders should wait for the trend to reverse and a bottom to form before starting any long position in it. The 20-day EMA is down, which shows that the balance is tilted in favor of the sellers. Who believes in the history of an encrypted world, the current fall offers an excellent opportunity to invest in the long term. Since BTC has been established from September 18th to October 15th of this year, the cryptocurrency has rallied from $ 6,295 to a maximum of $ 7,721, with a 24% return within 27 days. The next level of support can be estimated at $ 3600.
Price analysis of corrugations – XRP / USD
The second largest cryptocurrency, Ripple with its market capitalization standing at $ 12,737,157.008, 04:07 UTC on December 10, extended the current value drop by 43.7% compared to November 6, due to the strong bearish pressure and macro forces that can be analyzed from the above graph.
Let's take a look at the technical picture of the XRP / USD pair as follows:
The 20-day fall EMA and the RSI in oversold territory show that bears have the upper hand. Because we can analyze that the XRP / USD is currently trading below the EMA which represents the "downtrend" in the market. With this, the declining EMA signals a negative sign. It seems that the 20-day EMA is declining and the RSI is in the oversold territory, which shows that the balance is in favor of the sellers.
Let us not forget that XRP remains in a bearish trend in its medium-term prospects. While no uptrend model indicating a purchase, therefore, it is better to stay on the sidelines for a while. With this, traders should wait for the trend to rebound and a bottom to form before starting any long position in it and those who are inclined to invest in the cryptic world, the current decline offers an excellent opportunity to invest long-term. Since XRP has been established from 12 October to 5 November this year, cryptocurrency has rallied from $ 0.378 to a maximum of $ 0.57, with a return of 50.7% within 24 days. In this way, XRP has remained in the range of $ 0.46 to $ 0.55 from November 5 to November 18, as interpreted by the previous chart, since then bears have broken below it and have recorded a continuous decrease until today. The lowest price range analyzed by the graph represents the trend. However, we can say that the bulls are able to rise and hold above the current resistance level and start trading above EMA, the investor's sentiment will probably buy more money, thus creating the new range of price. The next support level can be estimated at $ 0.32.
Price analysis of Ethereum – ETH / USD
The third largest cryptocurrency, Ethereum, which in the meantime enjoyed its second position with its current market cap stood at – $ 9,794,847,027, 04:07 UTC December 10 applied the nose-dipped approach in the current value which is reduced by 57.9% compared to 6 November due to strong downward pressure and competitive forces which can be analyzed from the above graph.
Let's take a look at the technical picture of the ETH / USD pair as follows:
Because we can analyze that ETH / USD is currently trading below the EMA which represents the "downtrend" in the market. With this, the declining EMA signals a negative sign. In this, the 14-day RSI has reached oversold levels, which suggests that the sale has been exaggerated and a pullback is likely. The 20-day fall EMA and the RSI in oversold territory show that bears have the upper hand. With ETH there remains a downward trend in its medium-term outlook and the current RSI has declined deep into oversold territory, which suggests that a pullback is behind the corner. While no bullish model indicating a purchase, therefore, it is better to stay on the sidelines. Operators should wait for the trend to reverse and for the bottom to form before running any long position in it. Let's not forget that those are lovers of Ethereum, the current fall offers a great opportunity for long-term investing. Since the ETH has remained in the range range from September 12th to October 14th this year, the cryptocurrency has risen from a minimum of $ 183 to a maximum of $ 243, which represents a yield of 32, 7% within 33 days. The next level of support can be estimated at $ 93.
Stellar price analysis – XLM / USD
The fourth largest cryptocurrency, Stellar with its market capitalization stands at the level of $ 2,272,150,478, at 04:07 UTC on 10 December decreased by the current value of 56.15% compared to November 11 due to strong bearish pressure and competitive forces that can be analyzed from the above graph.
Let's take a look at the technical picture of the XLM / USD pair as follows:
Since we can analyze that the XLM / USD is currently trading below the EMA representing "Downtrend" in the market. With this, the declining EMA signals a negative sign. In this, the 14-day RSI has reached oversold levels, which suggests that the sale has been exaggerated and a pullback is likely. The current price range has already returned from reaching its lowest price range. The 20-day fall EMA and the RSI in oversold territory show that bears have the upper hand. Let us not forget that the XLM remains in a bearish trend in its medium-term prospects. However, the current RSI has declined deep into the oversold territory, which suggests that a pullback is behind the corner. While no bullish model indicating a purchase, therefore, it is better to stay on the sidelines. The 20-day EMA is going down and the RSI is in oversold territory, which shows that the balance is tilted to sellers. Those who would like to invest their capital, the current decline offers an excellent opportunity to invest in the long term. Since XLM has been established from October 11 to November 9 this year, the cryptocurrency has rallied from $ 0.204 to a maximum of $ 0.282, with a yield of 38% within 29 days. Since XLM has remained in the range between $ 0.25 and $ 0.281 from October 11 to November 20 as interpreted by the previous chart, since then bears have broken below it and have continually experimented until the next date, however, we can say that the bulls are able to increase and sustain above the current resistance level and start trading above the EMA, it is likely that an investor's sentiment will buy more money , thus creating the new price range. The next support level can be estimated at $ 0.122.
Price analysis of the tether: USDT / USD
The fifth largest cryptocurrency, Tether with the current market capitalization stands at the level of $ 1,888,151,458, 04:07 UTC of December 10 with a current value increase of 2.69% compared to the level of December 5 due to of investor sentiment once again the bullish mood.
Let's have a look at the technical picture of the USDT / USD pair as follows:
As we analyze the chart above, we can estimate that investor sentiment is in full bogus to get more out of this currency when it began to rise dramatically, reaching fluctuating trends in the recent past. Since the USDT remained in a range between October 16th and December 8th of this year, the cryptocurrency recorded a rally from $ 1,00047 to a maximum of $ 1,0885, with a return of 8.79% in 53 days. The next support level can be estimated at $ 1,020.
Cash price analysis in Bitcoin – BCH / USD
The sixth largest cryptocurrency, Bitcoin Cash with the current market capitalization stands at the level of $ 1,882,457.952, 04:07 UTC of December 10, decreased by the current value of 83.27% compared to November 06 at because of macroeconomic fundamentals that are very fluctuating and strong downward pressure as analyzed by the graph above.
Let's take a look at the technical picture of the BCH / USD pair as follows:
How can we analyze that the BCH / USD currently trading below the EMA represents "downward trend" in the market. With this, the declining EMA shows a negative sign. In this, the 14-day RSI has reached oversold levels, which suggests that the sale has been exaggerated and a pullback is likely. The 20-day fall EMA and the RSI in oversold territory show that bears have the upper hand. The BCH remains in a bearish trend until the current level rebounds. However, the current RSI has declined deep into the oversold territory, which suggests that a pullback is behind the corner. While no bullish model indicating a purchase, therefore, it is better to stay on the sidelines. With this, traders should wait for the trend to return before starting any long position in it. The 20-day EMA is going down and the RSI is in oversold territory, which shows that the balance is tilted to sellers. Who is inclined to invest in this cryptocurrency, the current fall offers an excellent opportunity to invest in the long term. Since BCH has remained in the range between October 11 and November 6 of this year, the cryptocurrency has recovered from a minimum of $ 421 to a maximum of $ 642, with a yield of 52 , 49% in 26 days. Now that BCH has remained in the range of $ 411 to $ 631 from September 16th to November 14th as interpreted by the previous chart, the bears have since broke down and continually experimented until the expiration date. However, we can say that the bulls are able to rise and hold above the current resistance level and start trading above EMA, the investor's sentiment will probably buy more money, thus creating the new range of price. The next support level can be estimated at $ 110.
EOS – EOS / USD price analysis
The seventh largest cryptocurrency, EOS with its market capitalization standing at $ 1,807,361.017, 4:07 UTC on December 10, recorded a steep downtrend of the current value of 64.9% compared to November 6, as analyzed by the graph above.
Let's take a look at the technical picture of the EOS / USD pair as follows:
How we can analyze that the 20-day fall EMA and the RSI in oversold territory show that bears have the upper hand. With this, the EOS / USD is currently trading below the EMA which represents a "downward trend" in the market. With this, the declining EMA signals a negative sign. In this, the 14-day RSI has reached oversold levels, which suggests that the sale has been exaggerated and a pullback is likely. EOS remains in a bearish trend in its medium-term prospects. However, the current RSI has declined deep into the oversold territory representing the fact that pullback is behind the corner. While no bullish model indicating a purchase, therefore, it is better to stay on the sidelines. The 20-day EMA is coming down and the RSI is in oversold territory, which explains that the market is tilted to sellers. Since EOS has remained in the range range from October 12th to November 5th of this year, the cryptocurrency has rallied from $ 5.12 to a maximum of $ 5.86, with a return of 14.45% in 24 days. The next support level can be estimated at $ 2.08.
Price Analysis SV Bitcoin – BSV / USD
The eighth largest cryptocurrency, Bitcoin SV with its current market capitalization stands at the level of $ 1,759,194,712, 4:07 UTC on December 10 has recorded a dramatic trend in which its current falls by 5.55 % compared to November 26, and decreased by 26.6% compared to November 17
Let's take a look at the technical picture of the ETC / USD pair as follows:
If we analyze the BSV / USD pair, it appears that the current value can create a new price range above the EMA which represents the upward trend in the market that helps investors get more value. Since BSV has remained in the range range from November 23rd to November 26th this year, the cryptocurrency has risen from $ 39.94 to a maximum of $ 124, which is 217%, an extraordinary yield in six days. The next level of support can be estimated at $ 100.
Litecoin price analysis – LTC / USD
The ninth largest cryptocurrency, Litecoin with the current market capitalization stands at $ 1,523,889.613, 4:07 UTC on December 10, has plunged its current value by 55% compared to November 06 due to strong downward pressure and competitive forces that can be analyzed from the graph above.
Let's take a look at the technical picture of the LTC / USD pair as follows:
How can we analyze that the LTC / USD currently trading below the EMA represents "downward trend" in the market. With this, the declining EMA signals a negative sign. In this, the 14-day RSI has reached oversold levels, which suggests that the sale has been exaggerated and a pullback is likely. The 20-day fall EMA and the RSI in oversold territory show that bears have the upper hand. Since we can observe that ETC remains in a downtrend for the time being until it reaches the new price level above the EMA. However, the current RSI has declined deep into oversold territory, suggesting that a pullback could soon be expected. The 20-day EMA is going down and the RSI is in oversold territory, which shows that the balance is tilted to sellers. Those who want to invest in this currency, the current decline offers an excellent opportunity to invest in the long term. Since LTC has remained in the range range from September 18th to October 15th of this year, the cryptocurrency has recovered from a minimum of $ 50.85 to a maximum of $ 61.32, which represents a yield of 20, 58% within 27 days. While the LTC remained in the range between $ 48.9 and $ 57 from October 29th to November 13th, as interpreted in the chart above, the bears have since broke down and have continually experimented until the date Next, the next level of support can be estimated at $ 24.
Price analysis of Tron – TRX / USD
The tenth largest cryptocurrency, Tron with its market capitalization stands at the level of $ 893,455,698, 4:07 UTC on December 10 recorded a decrease in current value of 44.7% compared to November 06 due to strong downward pressure and the competitive forces that caused a fall in present value.
Let's take a look at the technical picture of the TRX / USD pair as follows:
Because the TRX / USD is currently trading below the EMA which represents a "downward trend" in the market. With this, the declining EMA shows a negative sign. The 20-day fall EMA shows that bears have the upper hand. Let's not forget that the TRX remains in a bearish trend in its medium-term prospects as there are no bullish schemes that indicate a purchase, so it is better to stay on the sidelines. With this, traders should wait for the trend to reverse and a bottom to form before starting any long position in it. Let's not forget that the TRX remained in range from September 18 to October 15 of this year and the cryptocurrency rose from a minimum of $ 0.0185 to a maximum of $ 0.0279, with a yield of 50 , 8% within 27 days. While the TRX / USD pair has remained in the range between $ 0.020 and $ 0.024 from October 11 to November 14, as interpreted by the previous chart, bears have since fallen behind it and have recorded a continuous decrease until the date. The lowest price range analyzed by the graph represents the scenario more precisely. However, we can say that the bulls are able to rise and hold above the current resistance level and start trading above EMA, the investor's sentiment will probably buy more money, thus creating the new range of price. The next support level can be estimated at $ 0.012.
Price analysis of Cardano – ADA / USD
The eleventh largest cryptocurrency, Cardano with the current market capitalization stands at $ 813,884.625, at 04:07 UTC on 10 December decreased by the current value of 61% compared to the level of 06 November as interpreted by the graph above.
Let's take a look at the technical picture of the ADA / USD pair as follows:
Since we can interpret that the ADA / USD currently traded below the EMA represents the "Downward Trend" in the market. So much so that the decadent 20-day EMA signals a negative signal. In this, the 14-day RSI has reached oversold levels, which suggests that the sale has been exaggerated and a pullback is likely. The 20-day fall EMA and the RSI in oversold territory show that bears have the upper hand. Let us not forget that ADA remains in a bearish trend since the main obstacle was observed. However, the current RSI has declined deep into the oversold territory, which suggests that a pullback is behind the corner. While no bullish model indicating a purchase, therefore, it is better to stay on the sidelines. It seems that the 20-day EMA is collapsing and the RSI is in oversold territory, which shows that the balance is tilted to sellers. Who believes in the history of an encrypted world, the current fall offers an excellent opportunity to invest in the long term. Since ADA has remained in the range between October 15th and November 6th of this year, the cryptocurrency recorded a rally from $ 0.0660 to a maximum of $ 0.0808, with a yield of 22, 42% in 22 days. The next support level can be estimated at $ 0.030.
Monero price analysis – XMR / USD
The twelfth largest cryptocurrency, Monero with its market capitalization stands at $ 788,595,918, 4:07 UTC on December 10, has extended a current value drop of 59% from the November 6 level due to strong downward pressure and competitive forces that can be analyzed from the above graph.
Let's take a look at the technical picture of the XMR / USD pair as follows:
The declining EMA signals a negative sign, and furthermore, if we analyze the XMR / USD currently trading below the EMA which represents "Downtrend" in the market. While the 14-day RSI has reached oversold levels, which suggests that the sale has been exaggerated and that a withdrawal is expected soon. Let us not forget that XMR remains in a bearish trend in its medium-term prospects. However, the current RSI has declined deep into the oversold territory, which suggests that a pullback is behind the corner. Even if no uptrend model indicates a purchase, then, it is better to stay on the sidelines since the 20-day EMA is declining significantly, representing that the balance has rested in favor of the sellers. Since XMR remained within the range between September 13th and October 14th of this year, the cryptocurrency recorded a rally from $ 104 to a maximum of $ 124, with a return of 19% within 31 days . The ETC has remained in the range of $ 102 to $ 115 from October 11 to November 14, as interpreted by the previous chart, since then bears have broken below it and have recorded a continuous decrease until the date. However, we can say that the bulls are able to rise and hold above the current resistance level and start trading above EMA, the investor's sentiment will probably buy more money, thus creating the new range of price. The next level of support can be estimated at $ 46.
