[Price analysis you want] Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON

According to Cointelegraph, after signs of recovery, the market is divided over the current pullback. Some say it's just a dead cat bouncing back, while others think it's the beginning of an infrastructure process that will lead to a new upward trend. Michael Bucella of BlockTower Capital, a crypto-focused investment company, told CNBC that the smartest capital has already begun investing.

Despite this, UBS's chief global economist Paul Donovan (Paul Donovan) said that digital currency will never be a currency and is “fatally flawed.” Following the recent collapse, many people questioned the longevity of cryptocurrencies. Past rebounds and sharp declines suggest that emerging asset classes fluctuate between periods of extreme optimism and pessimism.

It's not an accessible space for non-believers. However, for investors who believe in the long-term story of cryptocurrencies, Ric Edelman, founder and executive chairman of Edelman Financial Services, thinks now is a good time. Start buying bitcoins.

Will we or anyone pick the exact bottom? Nothing! The bottom can only be recognized in hindsight. As a result, traders can scale up and gradually build up investment portfolios. Let's see which cryptocurrencies are showing purchase settings.

BTC/USD

Contrary to our opinion, Bitcoin's pullback didn't even reach the 38.2% Fibonacci retracement level of $4,712.89. It retreated from $4,471.1 on November 29th. This indicates that bears are unwilling to wait for higher selling levels.

There is a small support level on the small uptrend line, below which the low of $3,620.26 can be retested. A breakdown of the year-to-date lows is likely to attract further sell-offs, dragging the BTC/USD exchange rate to the $3,000 level. This is an important level that should be maintained: breaking through this could result in a drop to $2,410.

However, we expect the $3,500-3,000 region to hold. Therefore, traders who stick to our recommendations for a long time can hold their positions. If we find that the bears remain below $3,500, we will close the position.

If the price rebounds from current levels, it could rise to $4,712.89 and $5,050.4. As the virtual currency rises northward, we can increase our positions even more.

XRP/USD

Ripple will trigger our recommended buy level on November 28, but it won't go above $0.4. Currently, the price has dropped and may retest the intraday low of November 25.

The downward trend of the 20-day SMA and RSI below the 40 level will continue to attract sellers. If it falls below the support line in the downside channel, it could lead to a drop to $0.24508. However, if holding is supported, we expect to return to the top of that range. Traders who buy positions according to our recommendations can hold a stop-loss of $0.3. If the XRP/USD pair stays below $0.3, the position can be closed.

ETH/USD

Ethereum's rebound fell to $127.87. It continues its downward trend, but it has been trading between $130.5 and $102.2 for the past seven days.

Breaking through this range may face a small resistance level at the 20-day EMA, but we expect this range to be broken through. The ETH/USD pair will face a strong resistance level of $167.32, and if it exceeds this level, it will be at the 50-day EMA. We recommend traders wait for trend reversals before attempting long positions.

BCH/USD

Bitcoin Cash has stuck it in a narrow range between $204.76 and $148.27. The longer the price stays within that range, the more intense the final breakout or collapse will be.

Both moving averages are trending downward and RSI is in the oversold region, which indicates that bears are in command. We had anticipated a breakthrough because the selling market was huge and the BCH/USD pair seemed oversold. But the lack of bear trading is threatening the collapse of this range.

If the price stays below $148.27, the decline could extend to the next support level of $100. On the other hand, if the bulls hold the bottom of the range and break above $204.76, we expect a rebound to $242.9 and $272.14. Aggressive traders can take this move, but since this is an anti-trend trade, keep your position small.

XLM/USD

When the support breaks, it becomes a new resistance. The stronger the support, the stronger the resistance. Stellar has declined from an upper resistance level close to $0.184.

The bears will try to break through the recent low of 0.13427050 and lower the XLM/USD exchange rate to $0.08. Instead, the bulls will try to defend the area between 0.13427050 and 0.1547188. If the price stays above $0.184, we will be positive for the virtual currency.

EOS/USD

EOS is in a strong downward trend. After a day of correction, the decline has resumed, and the price has hit a new year-to-date low. The downside support is at $2.4.

The failure of the EOS/USD pair to break through the downtrend line indicates that the bears are in command. Traders should wait for the digital currency to reach the bottom and show signs of stability in the long run.

LTC/USD

Litecoin is still in a downward trend, the moving average is trending downward, and the RSI is in the negative zone. The correction stalled above the $36 level, indicating a lack of higher levels of buying.

The bears will try to create a new year-to-date low while the bulls will try to defend the current low. If the bears succeed, the LTC/USD pair can be corrected to the $20 level.

However, if bulls use the current decline to buy and form higher lows, this indicates strength. If the digital currency remains above the downtrend line, the digital currency will show initial signs of a change in trend. Until then, it was still vulnerable to bear attacks.

ADA/USD

The seller didn't even wait for the recovery to reach the 20-day EMA before unloading. Cardano could retest the recent low of $0.033065 over the next few days. If the bears break through the support and create a new year-to-date low, the decline could extend to $0.025954.

On the other hand, if the bulls manage to hold the support, the ADA/USD pair could start to bottom out. A trend change will be shown when the price shows a series of higher highs and higher lows. Until then, bears could pop up in any pullback.

XMR/USD

Monero's return was short lived. The failure of the bulls to reach the first upper resistance level of $71 indicates a lack of buying interest. As the moving average sloped downward and the RSI approached the oversold level, the trend remained stable.

A break below the $53 level will resume the downward trend and could take XMR/USD to the next support at $40. If the bulls defend the $50 psychological support level, it will indicate that buying is at a lower level and will increase the possibility of a bottom forming. Traders should wait for a new buy setup before opening any new positions.

TRX/USD

TRON's sharp pullback was only slightly above the 20-day EMA. Currently, bears are trying to push the price to recent lows.

The trend is still downward, and the bears have successfully defended the first resistance level, which indicates that sellers are in command. If the TRX/USD exchange rate falls below $0.01089965, the downside target is $0.00844479.

On the other hand, if the bulls manage to keep the price above the intraday low of November 25, the digital currency may enter consolidation. There are currently no signs of a trend reversal.