Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 17

Published on by Cointele | Published on

Mentioned in this article
Bitcoin
63,513.39
USD
+2,220.34
+3.496 %
Ethereum
3,067.92
USD
+66.83
+2.178 %
Cardano
0.46
USD
+0.01
+1.884 %
Bitcoin Cash
486.36
USD
+18.72
+3.848 %
TRON
0.11
USD
-0.00
-0.956 %
Litecoin
81.21
USD
+1.11
+1.369 %
Stellar
0.11
USD
+0.00
+1.856 %
Monero
117.29
USD
-2.62
-2.235 %
The price is trading below both the moving averages and the RSI is also in negative territory.

If the bulls fail to scale the moving averages within the next few days, the ETH/USD pair might retest the support at $192.50, below which a drop to the Sept. 12 low of $167.32 is probable.

BCH/USD. Bitcoin Cash continues to trade inside the symmetrical triangle as a breakout or a breakdown evades it.

The BCH/USD pair is trading below the moving averages and the 20-day EMA is turning down.

Traders can protect their long positions with a stop loss of $4.90.XLM/USD. Stellar has been trading above the moving averages, which is a bullish sign.

If the LTC/USD pair trades below the moving averages for a few more days, the bears might attempt a breakdown of the range once again.

ADA/USD. Cardano is struggling to climb above the moving averages.

XMR/USD. Monero has broken below both the moving averages.

Failure of the bulls to keep prices above the moving averages shows weakness.

The bulls are trying to keep the price above the moving averages, below which the digital currency can drop to the bottom of the range.

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