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After World Economic Forum Davos talks, world leaders prepare to deliberate on cryptocurrencies at the next G20 summit in March. Many leaders seek to regulate cryptocurrencies, but if we study the consequences of Chinese regulation, we find that they have been ineffective.

Chinese-based traders began trading cryptocurrency in Hong Kong. The Chinese government has only increased the risk for its traders because now they are forced to buy Bitcoin at a premium of about $ 1,200 compared to other stock exchanges

Leaders and central banks, instead of cryptically opposed cryptocurrencies, should fear

BTC / USD

The Bitcoin bulls have defended the $ 10,000 mark in recent days. But they have not been able to push prices higher, which is a concern.

<img alt=" BTC "src =" https://cointelegraph.com/storage/uploads/view/3d63fba7c296adc19798f110772abc9e.png "title =" BTC "/>

Cryptocurrency has burst of declining trend line, which shows that the downward momentum has declined.We can expect a few more days of action between $ 10,000 and $ 12,000

It is difficult to predict whether the upward or downward movement comes after.

If the bulls manage to get out of the 20-day EMA, which is currently at $ 12,218 BTC Traders can wait until the break above $ 12,200 is maintained for about four hours and then buy with a stop-loss at $ 9,900, with a target of $ 14,500

On the downside, if the declines are below $ 9,900, the sale should intensify. $ 1945.

As we are uncertain of the next movement, we have elucidated both possibilities. We do not find any configuration as long as the price stays in the range.

ETH / USD

In our previous analysis, we recommended Ethereum long positions on the $ 1000 troughs. Our long positions were triggered yesterday, January 27th.

<img alt=" ETH "src =" https://cointelegraph.com/storage/uploads/view/8b3f21712baa33b8b19feff0bcb68a89.png "title =" ETH "/>

After reaching a higher up from $ 1,102.4 on January 25, the cryptocurrency fell yesterday, January 26. Now, if it manages to cross $ 1,110, we can expect $ 1,174.36

Once the ETH / USD has broken $ 1,110, traders should increase the stop loss from the current levels of $ 840 to $ 950, which will lower our risk level. Remaining should be followed higher.

BCH / USD

Bitcoin Cash has a history of getting into small days of trading range, before a significant breakout or breakdown. similar in August and October last year, 2017.

<img alt=" BCH "src =" https: // cointeleg raph.com/storage/uploads/vi The price has been stuck in a narrow range of $ 1,479 down and $ 1,700 up.

Any break in this range is likely to face a 20-day resistance wave at the EMA, the bearish trend line and $ 2,072.6853

At the lower, the support is at the bottom of January 17 and 1945.

We can not find any configuration exchangeable on the pair BCH / USD

XRP / USD

Ripple continues to trade in the range of $ 0.87 and $ 1.74 with a downward bias. If cryptocurrency reaches levels of $ 1.09, a fall to the lower end of the range is likely.

<img alt=" XRP "src =" https://cointelegraph.com/storage/uploads/view/270a79e62e9141da628566ee00774b7f.png "title =" XPR "/>

The XRP / USD Pair is struggling to find buyers, so we have to wait for the cryptocurrency to bounce back on the lows of $ 0.87 before initiating long positions.

The likely bearish cross of the loonie. EMA at 20 days and SMA at 50 days is another negative sign We expect that the trading action related to the range will continue for the next few days.

XLM / USD

Stellar is a comparatively stronger cryptocurrency since it sits above the 20-day EMA and the 50-day ASM and both tend to increase, while most of the others currencies experiencing a bearish crossover of moving averages.

<img alt=" XLM "src =" https://cointelegraph.com/storag e / uploads / view / d cc088be86d61147cdde87a3fe1f28bb.png "title =" XLM "/>

If the general sentiment remains moderate, we think the XLM / USD will face a resistance of $ 0.671. Currently, we do not have an appropriate stop loss, so we'd better wait for a correction of the trend line before initiating long positions.

Once the cryptocurrency comes off the $ 0.671 mark, the highs are likely, with low resistance at levels of $ 0.732

It might be wise to wait for a low-risk business opportunity to take new positions.

LTC / USD

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Litecoin broke below the support level of $ 175 yesterday, January 26, but recovered and closed over here the end of the day.

<img alt=" LTC "src =" https: // cointelegraph. com / storage / uploads / view / 556cce9f09cc69b2bdfd1641606f6762.png "title =" LTC "/>

What might be worth considering is the fact that bulls are not able to push higher prices, a massive upside-down movement in a few days, the chances are that the bears will try again to sink the cryptocurrency, while the support is down to $ 140,001, the lowest intraday on January 17th. If this level also collapses, the LTC / USD pair can go down to the next support level of 85.

If the bulls manage to push the prices higher, they will face a resistance to $ 200 from the 20-day EMA and down trend line of the descending triangle.

We should change our bearish outlook only after the price of $ 225

XEM / USD

NEM broke below the levels of $ 0.86 yesterday, January 26, and made an intraday low of $ 0.775. However, the bears have not been able to capitalize on the breakdown.

<img alt=" XEM "src =" https://cointelegraph.com/storage/uploads/view/5994fa2fd9d2fe5044324a4ed0790052.png "title =" XEM "/>

Today we are buying at lower levels, bulls trying to get out of the downtrend line, which continues to be a major resistance.The XEM / USD is facing resistance at the $ 1 level of both averages

Cryptocurrency will become bullish once it breaks the $ 1.21 levels and we expect it to turn positive before recommending long positions.

ADA / BTC

Cardano failed to come out of 0.00006, which is why the suggested purchase in the previous analysis did not not triggered.

<img alt=" ADA "src =" https://cointelegraph.com/storage/uploads/view/3119fb7767801a83ba97487cac6abb3e.png "title =" ADA "/>

The ADA / BTC pair is now expected to fall to 0.00005 levels, which should serve as support. However, if this level breaks, a fall to 0.00004730 and then to 0.00004070 can not be ruled out.

We will wait for cryptocurrency to become bullish before recommending new positions.

The surroundings for analysis are provided by TradingView.