Price analysis 12/2: BTC, ETH, XRP, LTC, BCH, LINK, DOT, ADA, BNB, XLM
If the bulls push the price above the overhead resistance zone, the next leg of the uptrend to $800 could be on the cards. The pair has formed an inside day candlestick pattern today, which suggests indecision among the bulls and the bears about the next directional move.
The inside day candlestick pattern today suggests indecision among the bulls and the bears about the next directional move. If the bulls again fail to propel the price above the downtrend line, a deeper correction to the 20-day EMA ($.0.15) is possible.