Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, Dash: Price Analysis, September 24

Published on by Cointele | Published on

99 on September 18.Currently, the BTC/USD pair has corrected back to the support level of $6583.

Traders should keep the stop loss at $5,900 because if support breaks, a deeper fall to $5,450 and further to $5,000 is probable.

If support breaks, the digital currency cоuld slide to the $192.50 level once again.

BCH/USDBitcoin Cash failed to reach the 50-day SMA. It turned down from just above the $500 level on September 22.

EOS did not rally as we had anticipated, and turned down from $6.3117 on September 22.EOS is currently retesting the breakout level of $5.65.

Support from the moving averages is just below the current level.

If support holds, the EOS/USD pair will again try to rally to $6.8299.If the current support breaks, a decline to the next support at $4.50 is probable.

Traders who are long on our recommendation can trail their stops to $0.21.The virtual currency will pick up momentum if the bulls can push it above the intraday highs of September 23.LTC/USDThe pullback in Litecoin hit a roadblock at $63.650 on September 23.

We recommend traders attempt a long position only on a breakout and close above $69.279.ADA/USDCardano could not break out of the 50-day SMA on September 23, resulting in a pullback to the 20-day EMA.If support holds, a rally to the $0.111843 level is likely.

Traders can keep the stops on their long positions at $100.If the 20-day SMA and the 50-day SMA fail to provide support, a retest of the $81 level could be possible.

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