{"id":867777,"date":"2021-05-20T14:00:00","date_gmt":"2021-05-20T18:00:00","guid":{"rendered":"https:\/\/beincrypto.com\/?p=132418"},"modified":"2021-05-20T14:00:00","modified_gmt":"2021-05-20T18:00:00","slug":"btc-eth-xrp-rsr-dash-kava-grt-technical-analysis-may-20","status":"publish","type":"station","link":"https:\/\/platodata.io\/plato-data\/btc-eth-xrp-rsr-dash-kava-grt-technical-analysis-may-20\/","title":{"rendered":"BTC, ETH, XRP, RSR, DASH, KAVA, GRT \u2014 Technical Analysis, May 20"},"content":{"rendered":"\n
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Bitcoin<\/a> (BTC) has bounced at the $30,000 support area. <\/strong><\/p>\n

Ethereum<\/a> (ETH) has been decreasing since reaching a high of \u20bf0.085.<\/p>\n

XRP<\/a> (XRP) is trading inside an ascending parallel channel.<\/p>\n

Reserve Rights (RSR) has bounced at the $0.031 support area.<\/p>\n

Kava.io (KAVA) could potentially begin a 1-2\/1-2<\/a> wave formation.<\/p>\n

The Graph (GRT) is trading inside a descending parallel channel.<\/p>\n

Dash<\/a> (DASH) has bounced at the $190 support area.<\/p>\n

BTC<\/h2>\n

BTC decreased considerably yesterday, falling all the way to a low of $30,000. However, it has bounced since, and created a long lower wick, with a magnitude of 22%. <\/p>\n

Despite the bounce, technical indicators do not yet provide any bullish reversal signs. The main resistance levels are found at $41,430 and $48,330. <\/p>\n

It is possible that BTC will consolidate for a period of time.<\/a><\/p>\n

\"BTC<\/i-amphtml-sizer>