10th Oct Cryptocurrency Updates…

  1. BTC/USD

The BTC/USD pair is stuck in the range of $6,831.99 on the upside and $6,341 on the downside. The next level to watch on the upside is $7,400. The critical support zone of $5,900–$6,075.04. Traders should keep a stop loss at $5,900 on their long positions.

  1. ETH/USD

It continues to trade inside a tight range of $200–$250. If the $ 250 level is break out than the first target will be $300 and another target will be $322.57. If it breaks level $200 than it can go below $ 167.32. Trader should not take any position currently.

  1. XRP/USD

Traders can keep the stops on their long positions at $0.42. The first resistance will be at $ 0.55 and next $ 0.62. The uptrend will continue if it stays above $ 0.62.

  1. EOS/USD

The critical support of $4.493, with a minor support at $5. Therefore, traders can protect their long positions with the stop loss at $4.9.

  1. DASD/USD

Trading in a tight range around $0.24987525.  Traders can keep a stop loss of $0.21 on the long positions, below which the drop can extend to $0.184.

  1. BCH/USD

If BCH/USD is above $600. The first level will be $660, followed by a rally to $880. Below the level of $ 600, traders can keep a stop loss of $400.

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