Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 17

Publié le by Cointele | Publié le

Ethereum has a minor support at $203, below which the slide can extend to $183.17.The trend remains bearish, as both moving averages are sloping down and the RSI has turned from the 40 level.

BCH/USDThe buyers seem to have deserted Bitcoin Cash, as price continues to struggle close to the year-to-date lows.

If the support holds, the EOS/USD pair will attempt to break out of $5.65 and rally to $6.8299.

Traders can hold the remaining long positions with stops at $4.4.XLM/USDFor the past five days, Stellar has been trading inside the large range bar formed on September 11.

LTC/USDLitecoin has turned down from the 20-day EMA. The bears will now attempt to break the critical support at $49.466.If successful, the LTC/USD pair will resume its downtrend and slide to the next support zone of $40-$44. On the other hand, if the support holds, a probable double bottom will complete if the bulls break out of $69.279.The pattern target of such a move is $89. We shall wait for the price to break out of the range before proposing any trades on it.

Cardano will resume its downtrend if the intraday low of September 12 breaks down.

If the support holds, the bulls will again attempt to break out of $0.071355.

On the way down, the 20-day EMA has been providing a strong support and the moving averages have completed a bullish crossover, which is a positive sign.

The digital currency has a strong support at the moving averages.

The IOTA/USD pair will either break out or break down within the next few days.

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