ETH/USD Ethereum could not break out of the 50-day SMA for the past six days.
BCH/USD The moving averages have completed a bullish crossover and the 20-day EMA has been providing support to Bitcoin Cash since July 20.
The BCH/USD pair will either break out above the downtrend line or break down of the 20-day EMA within the next couple of days.
LTC/USD After failing to break out of the $91 level on July 24 and July 25, Litecoin has declined to the lower end of the tight range of $80 - $91. A break of this level will plunge the prices to the bottom of the larger range between $74.074 and $91.146.
On the downside, any break of the $74 line will be a negative development and can result in a drop to $57. There are no trades on the cryptocurrency as long as it remains inside the range.
The digital currency will show first signs of recovery if it breaks out of the downtrend line of the descending triangle.
XLM/USD Stellar did not find buyers above $0.32 and has turned down, breaking below the uptrend line.
A break of the 20-day EMA can sink the XLM/USD pair to the next support at $0.2544.
The investors can retain their stop loss on the existing long positions at just below the 20-day EMA. IOTA/USD IOTA has failed to break out of the 20-day EMA for the past four days.
TRX/USD Tron broke out of the downtrend line on July 29, but could not scale the 50-day SMA on a close.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 30
gepubliceerd op Jul 30, 2018
by Cointele | gepubliceerd op Coinage
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