Currently, the price is at the moving averages, which might act as a support.
Any attempt to pull back will face a stiff resistance at the moving averages and above that at $249.93.
BCH/USD. A lack of buying has pushed Bitcoin Cash to the support line of the symmetrical triangle.
EOS/USD. There is nothing much happening in EOS as it continues to trade close to the moving averages.
The traders holding long positions should keep a stop loss of $4.9.XLM/USD. Stellar broke out of the overhead resistance at $0.24987525 on Oct. 17 and 18.
We remain positive on the XLM/USD pair because it continues to trade above both moving averages, which are starting to turn up.
Any break of this support can retest the zone between $0.204 and $0.2148.LTC/USD. Litecoin continues to trade below both moving averages, which is a negative sign.
XMR/USD. After failing to scale above the moving averages in the past few days, Monero has again dipped below the support of $107.8.
The XMR/USD pair can move up to $128.65 if it scales above the moving averages.
The TRX/USD pair will weaken and sink to $0.02 if it breaks below the moving averages.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 19
Published on Oct 19, 2018
by Cointele | Published on Coinage
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