Rate analysis, 28. November: Bitcoin, Ripple, Ethereum, Bitcoin, Cash, Stellar, EOS, Litecoin: Price Analysis

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The Martkdaten were provided by HitBTC exchange market.

After the massive loss of assets in the cryptographic sector many have begun to ask whether the plant will survive class, or wither away. The Chairman of the New York Stock Exchange (NYSE), Jeffrey Sprecher, is the future of digital currencies in a positive and assumes that you Survive as a plant is the class for him "clearly".

Kelly Loeffler, CEO of Bakkt, is confident that the value of the Futures contract, the platform will contribute to a trust Bitcoin trusted to establish price for the investors, in contrast to today, where a Bitcoin on different exchanges at different prices.

reported to be Unimpressed by the fall in the Bitcoin price, the Nasdaq is planning the launch of Bitcoin Futures trading to the first quarter of 2019, Bloomberg. The entry of these two large stock exchanges shows that even after the current decline is a sufficient demand for the trade with Bitcoin.

Many believe that the introduction of Bitcoin, ETFs will increase the demand for crypto-currencies. The SEC Chairman Jay Clayton said yesterday that the Commission updates needed to make the market surveillance and custody, before the regulatory authority with a Bitcoin could be ETF be satisfied. Both of these issues are currently being handled by different companies, what is the probability of a Bitcoin ETFs in the near future.

A report by the world trade organization (WTO) predicts that the Blockchain technology can increase up to 2030, the international trade of 3 trillion dollars. The technology will help reduce costs by removing barriers, increase transparency, and process automation easier.

Although Bitcoin SV has made it among the Top 10 crypto-currencies, we have it due to its short trading history is not yet in our list.

BTC/USD

Bitcoin on 26. and 27. November consecutive candles pattern in the course of the day formed. Today, the indecision dissolved. The Pullback could reach the down-line to a low resistance.

entice A break of the resistance could be aggressive bulls to purchase and bear to Resolve Short positions. The purchase recommendation from our previous analysis we have therefore retained. The most important levels to watch during the upward trend, 4.712,89 $, and 5.050,40 $.

If the BTC/USD Pair no buyers at higher levels and to the support of 3.620,26 $ fail is set to continue the downward trend to continue and the price to the major support of $ 3,000 press.

Though the Trend is on the decline, we believe that the Pullback will be strong and tradable is proposed, which is why we а a Long Position.

XRP/USD

Ripple is trying to jump out of the support line of the descending channel. He has proved during the recent decline as an Outperformer, as it is well above its year lows and the RSI is not entered in the oversold area.

A breakout above $0,385 can lead to an increase on the 20-day EMA as resistance. If both moving averages crossed, can increase the XRP/USD Pair up to the resistance line of the channel. Traders can buy a closing price (in UTC time frame) about $0,385 and the Stop-Loss at $0,30. The target is a Anfstieg up to $0.50. This is a risky trade, therefore we recommend to keep the position size by about 40 per cent of the usual.

the price Should fall, contrary to our expectation, under 0,31123 $, a re-Test of 0,24508 $.

ETH/USD

Ethereum is trying to jump to the top, after it has found support at $102,20. There is a small hurdle at 123 $, above which it could recover up to the 20-day EMA. Since the Trend is on the decline and both of the sliding tendency due to cuts to the bottom, we expect strong selling prints in the area of the 20-day EMA and $167,32.

this is not an indication of When the next break-in ranges below the $102 mark, on a possible floor. If the bears let the ETH/USD Pair, however, at $102 to fall, the next support is at $83.

We believe that the oversold values of RSI indicate that a Pullback could be imminent. We see, however, is not a reliable buy Setup, therefore we do not recommend trading.

BCH/USD

In the last three days of Bitcoin, the company has consolidated Cash, in the narrow range of 204,76-$148,27$. It also has formed in the last two days of Doji candle, signaling indecision. This condition is likely to persist for a long time. We should soon see a break to the upside or a break-in.

In the case of a break-in can extend the decline to the next support at 100$. In view of the oversold RSI, however, we assume an upward movement.

Should break out of the BCH/USD Pair on the brand of 204,76 $, we expect that the Pullback will reach 242,90 $ and 272,14 $. Aggressive traders can try to trade the Counter-Trend rally by buying at a price (the UTC time frame) about 205$. The Stop-Loss can be just kept under $147. This is a risky Trade, therefore we recommend to use a maximum of 40 per cent of the usual allocation size.

XLM/USD

Stellar attempts at $0,13427050 to bounce off. It could meet a stiff resistance in the Zone of $0,1547188-$0,184.

the increase in the resistance zone Should fail, this will attract sales, the XLM/USD Pair then to the lows of 25. November could press. If the support breaks, it may continue the decline up to 0,08 $.

If the bulls push the price to the level of $0,184, could the current slump as a bear trap. Currently, we do not see any bullish pattern, so that we don't trade proposalsn.

EOS/USD

Although EOS dropped in 3$, the support could not keep the bears are the lower values. The bulls are currently trying the course again on 3,8723 $ due, but the virtual currency could crash with this downward movement on slight resistance.

The Trend is still declining. After the first Pullback we expect, however, that the EOS/USD Pair for several days in a span and trying to find a bottom. Traders should wait for a trend reversal before you enter into Long positions.

If the selling pressure, the movement remains while the next down is strong and the price is below the lows of 27. November drives, could extend the decline to 2.40$.

LTC/USD

Litecoin corrected currently heavily oversold values of RSI. The recovery can go up to the 20-day EMA, which is likely to serve as a first resistance.

Since the decline is very pronounced, is also expected to be the recovery. Over the 20-day EMA, the LTC/USD could reach the Pair, the value of 47 $. Aggressive traders could try to trade the Counter-Trend rally and close stops to comply with and to close to course objectives.

If the Pullback fails, contrary to our expectation and the bears the down trend to resume, with the next support at $ 20.

ADA/USD

Cardano has on 26. and 27. November consecutive inside days pattern is formed, the indecision hint. The uncertainty has shifted upward, which increases the probability of a pullback.

The recovery is initiated at the 20-day EMA on a strong resistance and in the case of 0,060105 $. If the next one leads downward movement of one of the Resistors to 0,033065 $, could extend the downward trend to 0,025954$.

Should achieve the ADA/USD Pair, however, a higher Low, absolutely this signal a change in trend. Traders should wait for a reliable purchase-Setup, before you put on rising prices.

XMR/USD

Monero has on 26. and 27. November in support of 53,10 $ held. The cops are currently trying to a Pullback that could encounter in 71$, the 20-day EMA and the 81 $ on resistors.

If the XMR/USD Pair at one of the overhead resistance stands at the bottom rotates and the mark of 53 $ falls, the next support is $ 40, significantly lower.

The next correction after the Pullback will confirm whether or not a floor has been found. We believe that the digital currency for a few days is sideways, before she starts a new upward trend.

TRX/USD

The Pullback has led TRON up to the overhead resistance at $0,01587681. The 20-day EMA is also located just above this level. We expect a tough resistance at this level, if the bulls break out but, is a recovery of up to 0,0183 $.

This should be used only as a Pullback to be dealt with because of the Trend with the two moving averages to the downside. The next break-in will show whether or not a ground is present.

A break below the Intraday Low of 25. November of 0,01089965 $ the TRX/USD Pair to the next support at 0,00844479 fall. It is better to wait before Initiating Long positions until a bottom is confirmed.

The market data are taken from HitBTC exchange market. The Charts provided by trading view.