Top 5 Crypto Price Technical Analysis 30th Nov to 5th Dec 2020

5 Crypto price technical analysis, BuyUcoin has started with an initiative to guide fellow crypto enthusiasts towards a better-investing strategy. This, basically, will be video sessions by our technical expert in which you will be provided with the weekly price predictions and technical analysis reports of the top 5 cryptocurrencies, that are-

• 1. Bitcoin (BTC)
• 2. Ethereum (ETH)
• 3. Ripple (XRP)
• 4. Litecoin (LTC)
• 5. Bitcoin Cash (BCH)

With BuyUcoin you will get knowledge of Cryptocurrency Trading

• An insight view of Top 5 cryptocurrencies every week,
• Live Trading Webinar sessions,
• Trading Strategy videos, and much more.
• Lets Start…

Bitcoin (BTC) Crypto Price Technical Analysis

BTC did manage to pull back from our intraday regions of 16300$ and reached the 18500$, we believe upside push to be extended towards the 18800$(wick fishing towards that region), from there a drop towards the 14,000$ is expected.

Trade Bitcoin at 0% Fees!

Ethereum (ETH) Crypto Price Technical Analysis

ETH has completed its intraday upside movement of 590$-600$, aligning with the BTC analysis ETH can see the upside push one last time before coming back towards the downside of 400-420$.

Trade Ethereum at 0% Fees!

Ripple (XRP) Technical Price Analysis

XRP did outperform BTC and ETH in the past few days and breached the 64 cents regions(which was unexpected).

We believe the XRP rally is within the final phase and we can expect the drop soon (Wait for the confirmation from BTC and ETH)

XRP downside targets are located towards the 0.40$(first zone) and even push towards the 0.30$(second target).

Trade Ripple at 0% Fees!

Litecoin (LTC) Technical Price Analysis

LTC is also holding the current 80$ region (forming the lower highs on the higher time frame).

Aligning with the BTC analysis LTC will start its downside movement towards the 45-50$ soon.

Trade Litecoin at 0% Fees!

Bitcoin Cash (BCH) Technical Price Analysis

As most of the alts have completed their upside movements of the longer-term perspective, we think it’s time to start considering the downside targets of BCH as well.

Long term upside targets of BCH is located at around 480-500$, if it comes through that will be ~60% profits from the current zone. (if BTC and ETH sustain its zones, BCH will likely to hit the zone).

As the drop is expected from the BTC, we can see the downside regions of BCH first before going towards the upside zones. (Target located at around 200$)

Originally Source:- Top 5 Crypto Price Technical Analysis

5 Things to Consider Before Investing in Cryptocurrency

5 Things to Consider Before Investing in Cryptocurrency There is no question that cryptocurrencies have established a new investing sector. With the value of digital currencies such as Bitcoin over ...
Read More

Tax on Cryptocurrency In India – Complete Guide 2022

Wondering how taxation on crypto works in India? How much do you have to pay tax on cryptocurrency in India? How 1% TDS is levied on crypto? Don’t worry we ...
Read More

New Cryptocurrency Bill Advances to Senate in Brazil

A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if ...
Read More

USDC Sees Native Launch on Avalanche

USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge ...
Read More

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ...
Read More