Crypto Weekly Preview: BTCUSD, ETHUSD, LTCUSD, XRPUSD: Price Action Technical Analysis 20.12.2020

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Hi Traders,

BTC: monster breakout without looking back. Market is trying to consolidate between 22k and 24k USD. Bulls may want to regroup and if 22k give up may see retest of 20000/19000.

ETH: similar bulls look a bit tired here after latest rally. Support 580, 500 and monster zone 450/440.

LTC: the idea about possible short position failed around 72 from where we have seen strong rebound and move above 100. Now psychological level as possible demand but looking for failure

XRP: there was an attempt to break lower but bears failed under 50 cents. We do have new possible demand around 0,44 cents ahead of 0,34/31. Possible supply around current level.

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Crypto Trading
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