BTC/USDBitcoin has broken out of both moving averages.
If the BTC/USD pair struggles to break out of the downtrend line of the triangle, the traders can trail the stops higher.
The 20-day EMA has flattened out and the RSI is also trying to move up into the positive territory, which shows that the selling pressure has abated.
If the bulls can break out of the downtrend line of the descending channel and the 50-day SMA, a change in trend is likely.
The levels to watch out for on the upside are $660, and above that $880.If the bulls fail to break out of the channel, the BCH/USD pair might remain stuck between $400 and the resistance line of the channel.
XLM/USDStellar rallied sharply for the past two days and has broken out of the range for the first time since September 11.
During the previous two occasions, the XLM/USD pair had risen vertically after breaking out of the 50-day SMA. Currently, both moving averages are on the verge of a bullish crossover and the RSI is also in the positive territory.
If the pair struggles to break out of the downtrend line once again, traders can tighten their stops.
XMR/USDThe bulls successfully defended the 50-day SMA on Monero from September 17-19 and have broken out of the downtrend line.
The 20-day EMA has flattened out and the RSI is moving closer to the neutral territory, which shows that the near-term selling pressure has reduced.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 21
Publicado en Sep 21, 2018
by Cointele | Publicado en Coinage
Coinage
Mencionado en este artÃculo
Noticias recientes
Ver todo
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.