A single high-volume candlestick was enough to trigger a sell-off of driving prices at previous ranges. This also means that the prices of Bitcoin are re-examining the $ 6,000 even when their dominance exceeds 55%. This is obviously negative for the altcoins and in the days to come, we might see a drop in Litecoin, EOS and even XLM.
Let's take a look at these graphs:
Bitcoin price analysis
Latest news on Bitcoin [19659006] That there is a link between the email address and the encrypted currency exchanges is true – and dangerous for investors encrypted the same way. According to Mark Fischer, Google's e-mail security manager recently told CNBC that social media users who register their trading accounts with the same e-mail account on forums and similar media platforms are fussy about sophisticated hackers, but only when they have the blow to their chest on their cryptographic properties. With Bitcoin trading at over $ 5,000, a simple hack could potentially be a jackpot for these hackers and worse for the user, the effort would have been negligible because most users tend to use the same password for the hackers. exchanges and e-mail accounts.
Bitcoin Price Prediction
Daily Bitcoin Price Charts by Trading View
Although the prices of Bitcoin found support yesterday still on September 17 bears are overshadowing their efforts. They are still far from the $ 6,800 and $ 7,200 of the resistance zone mentioned in our latest Bitcoin price forecast.
What could be a real pity for buyers in the coming days is the high-volume landfill of September 17, which saw prices go from $ 6,500 to $ 6,200 in a few hours while sellers retest the first level of support near at the $ 6,000 level.
Considering these developments that confirmed the shadow effect of the 5 September bear movements, we recommend patience now that our previous Bitcoin purchases are now null.
To reiterate, any plunge below $ 5,800 would open the locks for Bitcoin sellers to push prices towards $ 4,500 and $ 3,000
On the other hand, any drive and close above the trend line Eight-month resistance and preferably $ 7,200 could result in printing BTCs $ 8,500 or even $ 10,000 by the end of the year.
Litecoin price analysis
Latest news from Litecoin
With Litecoin prices sliding, critics are having a field day. At the top of this list is MultiCoin Capital's managing partner, Tushar Jain, at the forefront of the launch of Litecoin in general and Charlie Lee in particular. In a critical blog post, Jain says that Litecoin is a pre-smart contract relic and at current prices it is overstated by insisting that current prices are supported by churned incentives. He concluded by saying that no one sees the value of Litecoin and its claim to integrate Bitcoin is nothing more than an exile to attract the demand into an otherwise dead currency that users have found difficult to use even after the insiders "pushed" for the CoinBase list. [19659007] Litecoin Price Prediction
Daily Litecoin Price Charts for Trading View
In 34 days, Litecoin's prices have retested the main brand of $ 50 on three separate occasions thus consolidating the significance of this level of support.
Encouragingly, during these retest times, bears do not have enough momentum to break it, and instead, prices often bounce back to this level as we saw last week. However, despite last week's bullish attempts, sellers seem to have come back to contend with the 10 percent gain from last week and quickly bring prices back to $ 50.
In any case, our previous positive expectations have been canceled and at the moment, we suggest taking a neutral position until there is a break above $ 60 or below $ 50, triggering a wave of sellers who aim for $ 30 and after $ 10.
we are inclined to sellers, stop losses should be at the minimum or maximum "width =" 1366 "height =" 768 "srcset =" https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/ 2018/09 / Stellar-Lumens-Daily-Chart-Sep-19.png 1366w, https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Stellar-Lumens-Daily-Chart -Sep-19-300×169.png 300w, https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Stellar-Lum ens-Daily-Chart-Sep-19-768×432.png 768w, https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Stellar-Lumens-Daily-Chart-Sep-19 -1024×576.png 1024w, https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Stellar-Lumens-Daily-Chart-Sep-19-696×391.png 696w, https: / /3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Stellar-Lumens-Daily-Chart-Sep-19-1068×600.png 1068w, https: //3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl. com / wp-content / uploads / 2018/09 / Stellar-Lumens-Daily-Chart-Sep-19-747×420.png 747w "sizes =" (max-width: 1366px) 100vw, 1366px "/> Analysis of the price of stellar lumens "width =" 1366 "height =" 768 "srcset =" https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Stellar-Lumens-Daily-Chart- Sep-19.png 1366w, https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Stellar-Lumens-Daily-Chart-Sep-19-300×169.png 300w, https: // 3mgj4y44nc 15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Stellar-Lumens-Daily-Chart-Sep-19-768×432.png 768w, https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com /wp-content/uploads/2018/09/Stellar-Lumens-Daily-Chart-Sep-19-1024×576.png 1024w, https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/ 09 / Stellar-Lumens-Daily-Chart-Sep-19-696×391.png 696w, https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Stellar-Lumens-Daily-Chart -Sep-19-1068×600.png 1068w, https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Stellar-Lumens-Daily-Chart-Sep-19-747×420.png 747w "sizes =" (max-width: 1366px) 100vw, 1366px "/> Analysis of prices of stellar trading lumens View
Of all the coins under our preview, the price movements in the stellar lumens were modest
In fact, coin collectors show that XLM was successful in absorbing the pressure of the bears and increase five percent in the last day by pumping their week on weekly earnings at eight percent.
Independently, our Lumen business precedents and until there will be movements exceeding 25 cents that trigger buyers who point at 50 cents or a break below 18 cents that bear bears pointing at 8 cents, we remain neutral going forward.
Tron Price Analysis
Latest Tron News
Bittrex, the US cryptic currency exchange has listed the TRX / USD pair for their different customer base.
Tron Price Prediction
Daily Tron Price Charts by Trading View
Of all the coins, TRX is perhaps the only one at the crossroads. Firstly, the TRX prices are in consolidation mode and trading within a 1 cent range with caps at 2 cents on the upside and 1.8 cents on the negative side. The 1.8 cents marks the 2018 minimum and the double fund we highlighted earlier.
While TRX continues to fluctuate the Tron's highs and lows by September 13th, the high volume of September 17 leads candle inversion to 20 cents to signal the continuation of the trend despite yesterday's attempted hike- TRX prices have increased by seven percent.
As our long TRX stops were hit on September 17, we recommend taking a neutral position pending a trend that defines break-outs from this range.
Some drops below 1.8 cents and sellers should sell on arrears with targets at the January 24 lows while gains could actually push buyers to an immediate resistance level of 3 cents or 4 cents.
EOS Price Analysis
Latest EOS news
Citing speed and low cost of transaction in the EOSIO network at no cost, BancorX intends to launch another platform on the EOSIO network. The service will not only allow trading between different EOSIO tokens, just like in Ethereum, but will also allow trading between EOS and Ethereum tokens. DEX will position itself as a cross-chain liquidity protocol that allows for token exchanges without interruptions between different low-cost and latent market participants.
EOS Price Prediction
EOS Daily Charts by Trading View [19659010] The failure of the EOS bulls to close above $ 5.5 after making a break is an indication of sellers strong. Although we do not suggest that you take shorts at current prices even though September 17 is a true indicator of the strength of the underlying bear, traders should keep their trades at bay until after there are points below $ 4 and $ 4.5 or a peak above $ 5.5. After all, yesterday was bullish and EOS increased six percent.
All in all, considering the depth of market participation and technically responsible vendors, plus a top-down approach, EOS is likely to fall below $ 4 and in this case traders should be short at every high with the first $ 1.5 targets as mentioned in our previous EOS preview.
Unless there are strong peaks above 17 September that offset $ 5.5 and thus trigger lengthy ones. [19659050] Disclaimer: The opinions and opinions expressed are those of the author and do not constitute an investment advice. Trading any form involves risks, as well as your due diligence before making a commercial decision.
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