BTC/USDThere is hardly any activity in Bitcoin as it continues to trade in a tight range on low volumes.
Traders can keep the stops on their long positions at $0.42.Any bounce will face resistance at $0.55, and above that at $0.625.
EOS/USDEOS has been trading above both moving averages, but hasn't been able to break out of the symmetrical triangle.
On the downside, a break down of the triangle can sink the EOS/USD pair to the critical support of $4.493, with a minor support at $5. Therefore, traders can protect their long positions with the stop loss at $4.9.If the virtual currency doesn't break out within the next few days, it will invalidate the symmetrical triangle.
XLM/USDStellar has been trading in a tight range between the 20-day EMA and $0.24987525 for the past five days.
Traders can keep a stop loss of $0.21 on the long positions, below which the drop can extend to $0.184.LTC/USDLitecoin continues to trade inside the range of $49.466-$69.279 since Aug. 8.
The traders should wait for the breakout and close above the range before buying.
The traders should wait for a breakout and close above the overhead resistance before attempting a trade in it.
Traders can protect the long positions in the XMR/USD pair with a stop loss at $100. Aggressive traders can raise the stops to just below the first support at $106.TRX/USDTRON has found a place in our analysis as it has become the 10th most valuable cryptocurrency by market capitalization.
The TRX/USD pair has been trading inside a range of $0.0183-$0.02815521 for the past two months.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 8
Published on Oct 8, 2018
by Cointele | Published on Coinage
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