26th Oct Cryptocurrency Updates…

  1. BTC/USD

Above $6,831.99, a rally to $7,400 is probable.   The price below $6,500 pair will turn negative if it breaks below the critical support zone of $5,900–$6,075.04. Therefore, traders can keep their stop loss at $5,900 for the long positions.

  1. ETH/USD

If the bulls succeed it sustains above $250. The price can rally upto $ 322.  Traders should wait for a confirmed breakout above $250 before initiating any long positions.

  1. XRP/USD

The resistances on the upside are $0.5, $0.55 and $0.625, whereas the two support levels are at $0.388 and $0.37. Long positions when we find a reliable buy setup above $0.5.

  1. EOS/USD

If the prices move up, a breakout and close (UTC time frame) above $6.8299 can be purchased. However, if the EOS/USD  pair declines from the current levels, a fall to $4.493 and $3.8723 is probable. Traders can keep the stop loss on their existing positions at $4.9.

  1. BCH/USD

The BCH/USD pair to the next support at $300. Therefore, the traders can keep a stop loss of $400.

 

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