Rate analysis, 9. January: Bitcoin, Ethereum, Ripple, Bitcoin, Cash, EOS, Litecoin, Stellar, Tron, Bitcoin, SV, Cardano

The views and opinions listed here are solely those of the authors necessarily reflect the views of cointelegraph.com . 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.

Some of the most prominent investors continue to rely on crypto-currency and the Blockchain technology. The Hong Kong billionaire Li Ka-shing has invested through its venture capital company, Horizon Ventures in the recent round of financing, the crypto trading platform the Intercontinental Exchange (ICE) called Bakkt.

the Wall Street Investor Bill Miller, who had previously already invested in Bitcoin, and expects the leading crypto-currency to achieve either a much higher value or to Zero.

Miller said he he considers crypto-currencies in its Portfolio because their performance of the traditional system is decoupled classes. Although he is an active Investor, he sees himself more as a "Bitcoin observer", but not yet as a "believer".

on the Other hand, the brothers believe Winklevoss very well to crypto-currencies. You expect that the market capitalization of Bitcoin will exceed in the future of Gold. For this reason, they continue to support the idea of an exchange-traded Bitcoin Fund (ETF).

The recent 51% attack on Ethereum Classic (ETC) has raised many of the concerns that Bitcoin (BTC) could happen in the future, the same thing. The opinions are divided, but such challenges are to be expected in the case of a new asset class. This will encourage the participants got stronger, to find solutions to prevent such attacks in the future.

BTC/USD

Bitcoin is since two days in the vicinity of the neck. The cops were not able to complete the mirror - inverted head and shoulder pattern, but they have lost also not much of what has already been won. This is a positive sign.

Both of these sliding averages are flat, which indicates a turnaround. If the BTC/USD Pair on 4.255 US Dollar (3.685 Euro) climbs, signaling that a short term bottom. Therefore, we have recommended in our previous analyses a purchase. The pattern target for a breakout from the mirror-reversed head and shoulder pattern is at 5,500 dollars (4.764 Euro).

If the bears make the digital currency under the right shoulder to drop, bearish sentiment, which may lead to a re-Test of the lows,a total of 3,236,09 US Dollar (2.802, 94 euros). If this support is broken below, the down trend will continue.

ETH/USD

The bears have defended the brand of 167,32 US Dollar (142,92€) in the last two days. If Ethereum falls below the uptrend line and the 20-day EMA, he can fall to the 50-day SMA at US $ 120 (EUR 104).

When the cops break out, however, 167,32 US Dollar (142,92€), can the ETH/USD Pair put on a rally in the direction of 225 US dollars (195 euros), and on 249,93 US Dollar (246,48 Euro). Therefore, traders can buy on a close above 167,32 US Dollar (142,92€) and the Stop Loss at 130 US dollars (112 euros).

The 20-day EMA is trending upwards, and the 50-day SMA is flat. This shows that the downward trend is over. Therefore, traders should try to buy in declines as long as the price holds above the 50-day SMA. A case under this moving average may lead to a drop to US $ 100 (86,61 euros) to 83 US dollars (72 euros).

XRP/USD

Ripple days in the last couple of in a narrow range. Both moving averages are flat and the RSI is near the neutral range, which suggests a balance between supply and demand.

The balance will shift in favour of the bulls, if the XRP/USD Pair than US $ 0.40 (0.35 Euro). Although the pattern target at 0,52205 US Dollar (0,4558 Euro), may be the resistance line of the falling channel is a major obstacle.

The digital currency is negative if it falls below the support at 0,32615 US Dollar (0,2847 Euro). Traders can open a circuit (UTC) about US $ 0.40 (0.35 Euro) Long positions with a Stop-Loss at $ 0.32 (EUR 0.28).

BCH/USD

After a strong run from the lows of Bitcoin Cash is consolidating for several days in a narrow range. Both moving averages are flattened, indicating an equilibrium between the buyer and the seller.

A breakout above the range may set the recovery to continue, and the BCH/USD Pair to the next target at 307,01 US Dollar (265,92€) catapult. A low resistance is to be expected at 239 US Dollar (207 Euro).

Therefore, we recommend traders to wait for a breakout and closing (UTC) on 181 US- $ (157 euros) before opening Long positions. The Stop-Loss Limit can be set at 138 US dollars (120 euros). A case under 141 US dollars (122 euros) would be a negative development, which can lead to a drop to $ 100 (87 euros) and including 73,50 US Dollar (63,66 EUR).

EOS/USD

Cardano days was the last pair in a narrow range. Both moving averages are flat and the RSI is just above the neutral range. This suggests that the consolidation could take a few days.

it takes the longer the consolidation, the stronger the outbreak or the case will be after that. Therefore, we have recommended a purchase in case of an outbreak, and the conclusion (UTC) on 3,2081 US Dollar (2,8007 Euro). The important goals that you should keep the top of the eye, are 3,8723 US Dollar (3,3806 Euro), 4,1069 US Dollar (3,5854 Euro) and 4,493 dollars (3,923 Euro).

If the EOS/USD Pair falls below the margin, it can sink to the Low of 1.55 to the US Dollar (1.34 Euro). Therefore, the Stop can be set-Loss Limit, the proposed Long positions in 2,29 US Dollar (€1.98).

LTC/USD

Litecoin has held in the last three days about the neck, but could not climb higher. This indicates a lack of demand at higher levels.

If the bears do not fall the Couple, however, within the next few days under the neck and the 20-day EMA, lashot, intervention, the buyer is likely. The important goals that you should keep the top of the eye, are 47,246 US Dollar (41,247 Euro) and 56,910 dollars (49,684 EUR). The Stop can be set Loss at 27.50 USD (Euro 23.82) and with the increasing rate is higher.

We are optimistic, because the LTC/USD Pair has formed a reversal pattern and the moving have averages, a bullish Crossover. All of which suggest a probable bottom at 23,10 US $ (20,01 euros).

Our assessment is void if the crypto-currency falls below the moving averages and the brand of 27,701 US Dollar (24,184 Euro). The downward trend continued with a decline in under 23,10 US $ (20,01 euros).

XLM/USD

Stellar has experienced in the recent Pullback, no substantial recovery. He pushes in 0,13427050 US Dollar (0,1172 Euro) to be continued resistance. The Pair is currently in a symmetrical triangle.

The resistance line of the triangle, the 50-day SMA and the horizontal resistance at 0,13427050 US Dollar (0,1172 Euro) all close to each other. As soon as the XLM/USD rises Couple of, so using this resistance cluster, it can climb up to 0,184 US Dollar (0,161 EUR). This level could represent a rigid resistance.

A case under the triangle, however, can in turn lead to a re-Test of lows. A case under 0,09285498 US Dollar (0,0811 Euro) can put the down trend to continue. We could propose a trade, if you can hold a breakout above the resistance for a day. Until then, we suggest that traders wait and watch.

TRX/USD

Tron has continued its strong run and the critical resistance of 0,02815521 US Dollar (0,0246 Euro). This is a big hurdle, because the bulls could not overcome in the last five months. Therefore, traders, who had, as suggested, we can have, on the lower level of Long positions opened, 50 percent of the profits at the current level book, if you have not already done it. The stops on the remaining positions may be higher.

a new uptrend is When the virtual currency on 0,02815521 US Dollar (0,0246€) breaks out and closes (UTC) probably. After the outbreak of the next level, you should keep the above in mind, 0,03801042 US Dollar (0,0332 Euro). Therefore, we do not recommend closing the entire Position.

If the TRX/USD Pair from the current levels bends down, it will probably stay a few days longer in the range.

BSV/USD

The span in the case of Bitcoin, SV is in the last days. To a period of low volatility an increase in volatility usually follows.

When the cops break out above the immediate resistance at 102,58 US Dollar (88,85€), is a rally in the direction of 123,98 US Dollar (107,39€). This hurdle is overcome, you can lie down for the BSV/USD Pair rally towards the pattern target 167,608 US $ (146,325 Euro).

If the bears leave the course, however, under 80,352 US Dollar (70,149 Euro) to fall, fall to the crypto currency on 65,031 US Dollar (56,773 euros) and including 38,528 US $ (33,636 Euro). Due to the uncertainty and the lack of a clear direction, we propose no trade.

ADA/USD

Cardano has been tested in the last two days the neck again and tried the upward trend to resume. The 20-day EMA is rising gradually, while the 50-day SMA has flattened. This suggests that the selling has subsided and a change in trend is likely.

The next level up, which you should keep in mind is 0,060105 US Dollar (0,0525 Euro). If this resistance is overcome, you may reach the ADA/USD Pair, the pattern target is 0.066 US Dollar (0,058 Euro).

Our bullish assessment is void, if the Coin ends of both the two moving averages as well as below the level of 0,036 US Dollar (0,031 Euro). Therefore, traders who bought on our recommendation, first of all, a Stop-Loss Limit at 0,036 US Dollar (0,031 Euro), and later higher, if the cops find it difficult to come across 0,060105 US Dollar (0,0525 Euro).

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