Letest cryptocurrency Price - BTC,ETH,SBD,STEEM,AGI With performer of the day

Bitcoin-
The bounce from the critical support level is encouraging. This shows that the market participants are keen to buy on dips. The first test for the bulls will be the $11,200 mark where the rally is likely to face resistance from the 50-day SMA and the support line of the ascending channel.

If this level is crossed, the final litmus test will be $12,200 level. Above it, the BTC/USD pair will become positive.

Aggressive traders can use dips to $10,300 to initiate long positions with a stop loss of $9,400. 50 percent of the positions can be closed if the cryptocurrency struggles to break out of $11,200. Remaining positions can be held with a suitable stop loss for a rally to $12,000. This is a risky trade, hence, should be attempted with less than 50 percent of the usual position size.

The bears will gain strength only if they are able to sink Bitcoin below $9,500 levels.

Etherium-
he move from the critical support levels has been encouraging, but the ETH/USD pair is likely to face stiff resistance at the 20-day EMA and the 50-day SMA.

The aggressive traders can use dips to $850 to $830 levels to initiate long positions with a stop loss of $770. Though the target objective is $1,000, traders should closely watch the price action at the $900 mark.

If the cryptocurrency struggles to break out of the resistance, the stops should be raised to breakeven, and 50 percent of the positions should be closed.

This is a risky trade and therefore should only be considered with less than 50 percent of the usual position size.

Xrp-

Any attempt to bounce from the current levels will face resistance at the 20-day EMA and at $1.22961 levels.

Unless the XRP/USD pair breaks out of these two resistances, it remains vulnerable to bear attacks. Another possibility is that the cryptocurrency will consolidate in the range of $0.87 to $1.23 for a few days. Currently, we don’t find any buy setups on it.