The selling intensified after the chart broke below the critical support of $400 on August 7.
On August 14, the ETH/USD pair plummeted below the key support of $280 and fell to an intraday low of $249.93.
We had been projecting a target of $0.24001 on the XRP/USD pair for the past few days and on August 14 it reached an intraday low of $0.24508.
BCH/USD Bitcoin Cash could not escape the selling pressure on August 13 and it broke below the support of $537.8221 for the first time since November 8 of last year.
EOS/USD EOS found support close to the critical line at $3.8723 on August 13, when it dropped to an intraday low of $4.1778.
On August 14, Litecoin declined to an intraday low of $49.466, where buying emerged.
The LTC/USD pair has been in the oversold zone since August 7, but the bulls have not been able to force a meaningful pullback.
ADA/USD Cardano broke below the support of $0.111843 on August 13 and plunged to an intraday low of $0.083192, which is just above our anticipated support level of $0.078215.
XMR/USD The incessant selling dragged Monero to an intraday low of $76.074 on August 14, which is just below our predicted support zone of $78 - $82. If the bears sustain below $76, the next support is way lower at $60. Currently, the bulls are attempting a pullback, which is likely to face resistance close to the $100 level.
IOTA/USD We expected the bulls to defend the psychological level of $0.5, but the selling dragged IOTA to an intraday low of $0.4037, close to our lower target of $0.38.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 15
Publicado en Aug 15, 2018
by Cointele | Publicado en Coinage
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