Price analysis 6/16: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
If buyers drive the price above $252, the pair might increase to $265 where the bears are again expected to install a strong defense.XRP cost analysisThe failure to sustain XRP (XRP) above the overhead resistance at $0.56 on June 13 might have tempted numerous short-term traders to book profits.XRP/ USDT daily chart. Cardano rate analysisCardano (ADA) turned down on June 14 however the bears are discovering it hard to sink the cost to the next support at $0.24. Related: Bitcoin rate alleviates downside as traders require $24.5 K assistance holdsPolygon rate analysisPolygon (MATIC) turned down from the breakdown level of $0.69 on June 13, suggesting that the bears are trying to turn the level into resistance.MATIC/ USDT everyday chart. The bulls need to drive the price above the 20-day EMA ($83) else, the LTC/USDT set may witness another round of aggressive selling.If the price turns down and breaks listed below $75, the possibility of a drop to $65 increases. If the cost turns up from the current level, the DOT/USDT set could again increase to the 20-day EMA.
If buyers drive the cost above $252, the set might increase to $265 where the bears are again expected to install a strong defense.XRP rate analysisThe failure to sustain XRP (XRP) above the overhead resistance at $0.56 on June 13 may have lured a number of short-term traders to book profits.XRP/ USDT daily chart. Related: Bitcoin cost eases downside as traders require $24.5 K support holdsPolygon cost analysisPolygon (MATIC) turned down from the breakdown level of $0.69 on June 13, showing that the bears are trying to turn the level into resistance.MATIC/ USDT daily chart. The bulls require to drive the price above the 20-day EMA ($83) else, the LTC/USDT pair might witness another round of aggressive selling.If the rate turns down and breaks below $75, the possibility of a drop to $65 increases.
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