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Rate analysis, 12. November: Bitcoin, Ethereum, Ripple, Bitcoin, Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON

The views and opinions listed here are solely those of the authors necessarily reflect the views of . Each Investment and Trading involves ris

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Rate analysis, 12. November: Bitcoin, Ethereum, Ripple, Bitcoin, Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON

The views and opinions listed here are solely those of the authors necessarily reflect the views of . Each Investment and Trading involves risk and you should be good to do research before making a decision.

The market data are taken from HitBTC exchange.

Nikolay Storonsky, CEO and co-founder of Revolut Ltd., a Digital Banking provider with two million users, has said at the Web Summit in 2018, in Lisbon, that large institutions show values little interest in digital assets.

Every new technology needs time to be great and to be relevant for everybody. Even the Internet would have needed time to become as big as it is today. The ConsenSys-founder Joseph Lubin has said that Blockchain "could need a little longer" than the Internet, in order to achieve mass acceptance.

The venture capital Investor Tim Draper confirmed in a recent panel discussion in its previous forecast, once again, that Bitcoin will come up to 2022 $ 250,000 (222.373 Euro) per Coin. He believe that people of Fiat currencies, which are tied to a specific place will change with the Mass adoption of Bitcoin is likely to crypto-currencies that are accepted everywhere.

In the case of the recent US mid-term elections were elected a number of Pro-Blockchain politicians in the office, which is a positive sign. Although there is currently a sluggish market movement, the future for the emerging asset class.


On 11. November, there was a decline of 6,400 US dollars (5.692 Euro), it became apparent that at the lower levels will be purchased. However, Bitcoin is facing an overhead resistance through the moving averages, suggesting that the higher level of purchases subsides.

position traders should avoid it in tight and shrinking Margins, to act. A large and clear span provides an opportunity to buy at low rate and sell at high. The BTC/USD Pair, however, provides no such opportunity.

If the cops can lift the price to over 6.831,99 US-Dollar (6.077,02 euros), will attract the digital currency is likely to Short positions, which could catapult the course to 7,400 in US Dollar (to 6,582 euros) and about 8.400 US dollars (7.471 Euro).

on the Other hand, if the bears fall below the critical support at 5,900 dollars (5.248 Euro), could trigger the panic selling and the Pair of between 5,000 US dollars (4.447 Euro) and 5.450 US Dollar (4,847 in Euro) decline. Therefore, a Trader can through your Stop Loss Limits in their Long positions at 5,900 dollars (5.248 Euro) left.


Ethereum is not a Trend. Existing investors do not want to sell at the current level and the new will only buy when a Trend emerges. Therefore, the moving averages and the RSI is currently flat.

The first signs of a trend it is, if the ETH/USD Pair from the narrow margin between 188,35 US Dollar (167,54 Euro) and 249,93 US Dollar (222,31€) breaks out. An upward breakout would be a Signal that the bulls have the upper hand, and it will likely be a new upward trend. A case under the margin would indicate, that a panic is rampant and the owners offload their stocks.

We recommend traders to wait for a breakout above 249,93 US Dollar (222,31€) before opening Long positions. Aggressive traders can initiate positions if the support at 188,35 US Dollar (167,54 Euro) is bought by the bulls. Until then, we recommend traders to wait and observe.


Ripple is a support has to end just above the moving averages. This is a positive sign. The moving averages are climbing gradually upwards and the RSI is in the positive area. This shows that the bulls have the short term upper hand.

can book When the cops can not make it through 0,565 US Dollar (0,503 Euro) break out is a rally in the direction of 0,625 US Dollar (0,557 Euro), probably, where traders partly of profits. If this level is overcome, it can extend the rally to 0,7644 US Dollar (0,6811 Euro).

Our optimistic Outlook is invalid, if the XRP/USD Pair reversed and under the moving averages. In such a case, a case on 0,42646 U.S. dollars (0.38 euros), and then on 0,37185 US Dollar (0,3313 Euro) is likely to be. Therefore, traders can Loss and your Stop limit at $ 0.45 (0.40 euros).


Bitcoin Cash is failed at the overhead resistance at 660,0753 US Dollar (588,1190 Euro). We expect strong support between the 20-day EMA and the level of US $ 500 (444 Euro). This is the Fibonacci-return the level of 61.8% of the last rally.

The jump could lead back to the top of the current levels to a re-Test of the level of 660,0753 US Dollar (588,1190 Euro). A breakout would start a new upward trend. This is not possible, you will remain the virtual currency within a range of between 408,0182 US Dollar (363,5392 Euro) and 660,0753 US Dollar (588,1190 Euro).

If the BCH/USD Pair reached, contrary to our expectation of US $ 500 (444 euros), which lose upward movement momentum. The next support level below is at 460 US dollars (409 Euro). This level is broken down, is a complete reverse of the last rally on 410,2768 US Dollar (365,5516 Euro). Therefore, traders who still have part of the items left, your Stop Loss should set the Limit at about 480 US Dollar (427 Euro), which is slightly below the 50-day SMA.


EOS was in the last three days in an almost in the middle of the span. Both moving averages are flattened and lie close to each other. The RSI is about 50, indicating a balance between demand and supply.

We do not see any trading opportunities, as long as the EOS/USD Pair between US $ 5 (€4.45) and $ 6 (from 5.34 euros). If it breaks out of this narrow range, increases the likelihood of a rally in the direction of 6,8299 US Dollar (6,0854 Euro). A reversal would confirm, if the course is three days long on 6,8299 US-can hold dollars (6,0854 Euro).

on the Other hand, would have to pull a case, under US $ 5 (€4.45) a decline to the next support at 4,49 dollars (3,99 Euro). Including a new Test of the levels of 3,8723 US Dollar (3,4502 Euro) is possible. Therefore, dealers with Long positions can Stop-Loss Limit set at 4.90 US Dollar (4,36 Euro).


Stellar looks promising, and has formed an ascending channel. This has been our " buy " recommendation from the analysis of 7. November is triggered.

he is Currently facing a resistance at the resistance line of the channel. He is nevertheless positive, since both the sliding climb averages upwards. Therefore, any decline will probably find the trend line support. Among them, there are a further support at the 20-day EMA.

will win If the. XLM/USD breaks out across the channel, it is likely to swing, and from the immediate resistance at 0,304 US Dollar (0,271 Euro) break out. Then there will be a rally in the direction of $ 0.36 (EUR 0.32). We recommend keeping the Stop-Loss Limit initially at $ 0.20 (EUR 0.18). We have to wait a few days and place the Stops at a higher level.


Litecoin slips further, after it is bent by the downward trend line of the descending triangle from the bottom. He could test the critical support zone between 47,246 US Dollar (42,096 Euro) and 49,466 US $ (44,074 Euro) again. This Zone has been hold four times; therefore, we expect that the support holds this time. Nevertheless, traders can close out their remaining Long positions at 50 US dollars (44,47 euros).

If the bulls manage to hold the critical support zone, and a jump back to the top, we could again have a Long-recommend Position. Our optimistic Outlook is invalid, if the bears manage to push the LTC/USD Pair to below 47,246 US Dollar (42,096 Euro). In such a case, the downward trend would continue and the price to the next support at 40 US dollars (35,58 EUR) and 32 US Dollar (28,46 Euro) to fall.


In the last three days of Cardano, close to the sliding lag averages, which are flattened. The RSI is also above 50. All these signs indicate a balance between buyers and sellers.

A new Trend starts with a breakout above 0,094256 US Dollar (0,0840 the Euro) or in a case under the support 0,060105 US Dollar (0,0536 Euro). Between these two levels is likely to continue to be arbitrary and volatile price movements.

The first signs of strength would be if the ADA/USD Pair can hold above 0,082207 US Dollar (0,0732 Euro). However, we recommend traders, a new upward trend to be seen before opening Long positions.


The recovery attempt of 102,60 US $ (91,26€) are up against resistance at the 20-day EMA. If the cops can't make it through the moving average, keep, Monero probably fall on the lower end of the range in 100,453 US Dollar (89,502 Euro).

The XMR/USD Pair has managed to hold the support in 100,453 US Dollar (89,502 Euro) three times. Therefore, we expect that this level will offer this time with strong support. If the bears can, however, contrary to our expectation, this margin down to break through, is to decline to the critical support at 81 US dollars (72 euros).

The above will win the bulls strength, if the price can hold above 112,44 US Dollar (100,01 euros). A breakout above 128,65 US Dollar (114,43 Euro), we are here to be positive. Currently, the virtual currency has no reliable pattern that would be good for a Handel.


The span in the case of TRON is shrunk. Currently, he is between 0,02134798 US Dollar (0,0190 EUR) and 0,02517782 US Dollar (0,0224 EUR). The RSI moves between 40 and 60.

If the bulls can defend this level of 0,02134798 US Dollar (0,0190 EUR), try the TRX/USD Pair again to reach the upper end of the range 0,02517782 US Dollar (0,0224 EUR).

If the bears can push the price into the lower end of the range, is a case on the critical support at 0,0183 US Dollar (0,0163 Euro). A case of this support would lead to the downward trend.

Our sentiment towards the digital currency will only be positive if there is an outbreak and conclusion (UTC) $ 0.03 (0,027 Euro). Until then, we recommend traders to wait and observe.

The market data are taken from HitBTC exchange. The Charts for the analysis come from trading view.

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