Price Analysis 09/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Publié le by Cointele | Publié le

The bulls are currently attempting to push the price above the 20-day EMA. If successful, a rally to the 50-day SMA and above it to the downtrend line of the symmetrical triangle is possible.

Aggressive traders can retain the stops on the long position at $160.Contrary to our assumption, if the bulls fail to sustain the price above $185.566, the ETH/USD pair will remain range-bound for a few more days.

XRP/USD. XRP has risen above the overhead resistance of $0.27795 but the bulls are struggling to sustain above it.

Failure to keep the price above $0.27795 will attract selling that can drag the price back towards the moving averages.

A breakout of the 20-day EMA can push the price to the downtrend line, above which it will signal the end of the downtrend.

We will wait for the price to break out and sustain above the downtrend line before suggesting a trade in it.

The downtrend will resume on a break below the recent lows of $50.EOS/USD. EOS has risen above $3.1534 and is attempting to rise above the downtrend line, which is an important level to watch out for.

If the bulls can push the price above the downtrend line, it will signal a likely change in trend.

The bulls are again attempting to push the price above the 50-day SMA. If successful, a rally to $0.088708 is likely.

If the bulls can push the price above $0.018660, the TRX/USD pair might start its journey to $0.0409111.