Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 5

Publié le by Cointele | Publié le

Barring Stellar and Bitcoin, each one is down by more than 7 percent.

The 50-day SMA is trending down and the 20-day EMA has also turned down, which shows that the sellers are back in the driver's seat.

The 20-day EMA, which had flattened out earlier, has turned down once again and the 50-day SMA continues to trend down.

The trend will remain firmly down until the XRP/USD pair breaks out of the 50-day SMA and the downtrend line.

BCH/USDBitcoin Cash has turned down sharply from the 50-day SMA. The 20-day EMA has failed to provide support on the downside.

If the XLM/USD pair breaks down of $0.184, it will become very negative and can sink to $0.11812475 and lower.

LTC/USDLitecoin has consistently made new year-to-date lows since breaking down of the $107.102 level.

The bulls had formed a range after falling to $74, but they could not break out of the 50-day SMA. Subsequently, the pair broke down and made a new intraday low of $49.466.Currently, the LTC/USD pair has again turned down from the 50-day SMA and the downtrend line.

A break down from the range will renew the downtrend, which has a pattern target of $0.054541.

IOTA/USDIOTA has turned down from the 50-day SMA. It has support at $5.750, which should hold.

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