After several weeks of severe price losses, some of the altcoins may recover to the nearest resistance level.
ADA/USD
The ADA/USD pair is currently trading in a bearish trend, but today the price may recover slightly. While we are not suggesting buying at current prices, a bullish break above 6 cents supported by rising market activity could push Cardano prices even higher.
Aggressive traders could take advantage of the situation and buy ADA at 3.3 cents and target the 6 cents resistance level.
XMR/USD
Monero's price fell 34% last week, but selling pressure has eased over the past day and the price has fallen just 3.1%.
This can be seen as a result of increased demand, which aggressive traders can use to their advantage. Such traders can take risks and buy at current prices with stops at $54 and targets at $70. Conservative traders should be cautious and remain neutral and wait for a strong break above $70 and a possible recovery to $110.
On the other hand, any dip below $50 could lead to sellers pushing the price down to $20.
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Analysis of cryptocurrency pairs BTC/USD, XRP/USD and ETH/USD as of December 26, 2018
Market growth is still possible, it all depends on the reaction of the bears at key resistance levels. If sellers give up psychological levels without a fight, the market will remain in the green zone
Analysis of cryptocurrency pairs BTC/USD, XRP/USD and ETH/USD as of December 20, 2018
It can be assumed that the target growth levels have already been achieved and the price has entered the pullback phase.
