From being valued 2,300.03 Bitcoin for $1 in October 2009, its price rose to a high of $19,531.
With such an impressive rise, Bitcoin has attracted several supporters and critics alike.
A break of $188.35 can push the price to the next lower level of $167.32, which should act as a strong support.
A break of this level will be negative, sinking the pair to the next support at $136.The trend on the ETH/USD pair will change if the bulls break out of $249.93.
The XRP/USD pair will either break out or break down of this tight range within the next few days.
If the price slides below the Sept. 11 low of $408.0182, we anticipate a fall to the next support at $300. Therefore, traders who are long can keep their stops at $400.The declining 20-day EMA and the RSI in the negative zone show that the sellers are in command.
If the EOS/USD pair breaks down of $5, it can drop to the next support at $4.49, and below that to $3.8723.
XLM/USDThe bulls might attempt to support Stellar at the trendline, below which a fall to the next support at $0.2 is probable.
The XLM/USD pair can be purchased on a breakout above $0.27, which can result in a rally to $0.36, with a minor resistance at $0.304.LTC/USDThough Litecoin has broken below the support at $49.466, the bulls are trying to defend the Sept. 12 intraday low of $47.166.
XMR/USDThe bulls are attempting to defend the support at $100.453, whereas the bears are stalling the pullback at the 20-day EMA. Monero will correct to $90 if it plunges below $100.453, and will move up to $112.5 if it breaks out of the 20-day EMA. A break out of $112.5 might carry the cryptocurrency to $128.65.Below $100.453, the XMR/USD pair can correct to the bottom of the $81-$150 large range.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 31
Publicado en Oct 31, 2018
by Cointele | Publicado en Coinage
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