The downtrend will resume if the bears break below the September 12 low of $167.32.XRP/USDRipple has been trading between $0.45 and $0.58 for the past few days.
The target objective is a retest of the September 21 high of $0.7644.If the bears break below $0.42, the XRP/USD pair can slump to $0.35 and below that to $0.26913, completing a 100 percent retracement of the recent rally.
BCH/USDIn the past two days, Bitcoin Cash has rallied sharply, breaking out of both moving averages and the resistance line of the descending channel.
A break down of the 20-day EMA will indicate weakness and can result in a retest of the recent lows at $408.0182.The downtrend will resume if the BCH/USD pair breaks down of $408.0182.
Our bullish view will be invalidated if the EOS/USD pair breaks down of $5. Therefore, traders can raise the stops on their long positions to $4.9.XLM/USDStellar is stuck between the downtrend line of the descending triangle and the 20-day EMA. A break out of the overhead resistance zone of $0.275-$0.305 will invalidate the bearish pattern, which is a positive sign.
ADA/USDThe recovery in Cardano has again hit a roadblock at the 50-day SMA. The bears will now try to break down of the 20-day EMA and push the price to the lower support at $0.071355.
The ADA/USD pair will attract buyers if the price breaks out of the 50-day SMA and the highs of September 23.We didn't find a reliable buy setup at the current levels.
The bears will now attempt to break below the 20-day EMA and push the price towards the 50-day SMA.If the XMR/USD pair breaks down of the symmetrical triangle, it can slide to $96.390 and $87.382.
The first bullish sign will be a break out of the downtrend line, which can result in a rally to $140.DASH/USDDash has been holding the 50-day SMA for the past three days but is struggling to sustain above the 20-day EMA. It has formed a symmetrical triangle, a break out of which can push the price above the overhead resistance of $224.830.On the other hand, if the DASH/USD pair breaks down of the triangle, it can decline to $160, followed by a retest of the lows.
The next move will start when the price breaks out or breaks down of the triangle.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, Dash: Price Analysis, September 28
Udgivet den Sep 28, 2018
by Cointele | Udgivet den Coinage
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