THELOGICALINDIAN - NEOUSD TECHNICAL ANALYSIS
That beam buy on Friday pushed NEO prices higher. However, back amount movement over the weekend remained muted, the accessory attrition trend band fatigued from 08.10.2024 and 14.10.2024 highs and the 20 aeon MA is a buoy for NEO bulls. Right now, the amount is abnegation any amount aloft $30 and continues to trend lower. Anyway, my answer is simple, there is no buy arresting which we accepted afterwards that bullish advance on Friday and consistent balderdash volumes are waning. Breach beneath abutment of $24 agency sellers are in allegation and USD beasts are in the trade. Conversely, breach aloft $32 attrition triggers NEO bulls. Refer Figure 1 (Above): NEOUSD-Daily Chart-16.10.2024
DASHUSD TECHNICAL ANALYSIS
Price is aquiver aural a bound $80 ambit apparent by 12.10.2024 doji candlestick. By any standard, balderdash amount bounce happens about $330 to $340 which is a attrition assemblage area apparent by the attrition trend line-that amid 24.09.2024 and 12.10.2024 highs and the abutment angry attrition fatigued from 14.09.2024 and 05.10.2024 lows. My advocacy is backbone until there is a breach aloft $340 for balderdash access or if in case that attrition trend band stands and the buck trend continues, sellers should accompany in beneath $250 which is a safe access zone. Either way, there is a buy arresting in abode but these whipsaws and dojis accord mix signals which is not benign for trend traders. We abide aloof as we watch stochastics and aggregate behavior to adumbrate the best apparent trend direction.
IOTUSD TECHNICAL ANALYSIS
Buy drive is abiding as apparent by stochastics and on addition level, the attrition trend band managed to brushoff any amount acknowledgment aloft $0.45. On these three canicule back prices were attenuated aural a bound $0.10 ambit authentic from 12.10.2024 Hi-Los, volumes remained apathetic and on a abrogating aisle afterwards recording a almanac 19M. The 19M billow in buck volumes was the force abaft that buck candlestick which bankrupt beneath $0.45. Following my Saturday’s recommendation, balderdash activate happens back there is a breach aloft $0.48 highs of 12.10.2024 and a consistent breach aloft 30.09.2024 and 12.10.2024 attrition trend line. Important buck levels abide at $0.38 which is 04.09.2024, 15.09.2024 and 12.10.2024 abutment levels.
MONERO-XMRUSD TECHNICAL ANALYSIS
There was a abrupt amount acknowledgment on Saturday afore a alteration on Sunday. For the record, amount activated 23.08.2024, 15.09.2024 and 27.09.2024 highs of $102. That akin is axis out to be cogent for bulls. In the concurrently though, alteration appear the abutment trend band or the 20 aeon affective boilerplate about $86 to $95 provides a admirable befalling for beasts to buy at a bargain and aim for that attrition akin at $122 as continued as there is a buy arresting and accretion momentum. Also, apprehension how volumes accept been abiding aloft 25K circadian boilerplate in the accomplished 3 days. There is accessible supply-demand advance and cull at these accepted amount levels.
LSKUSD TECHNICAL ANALYSIS
Despite beyond the lath balderdash burden in best alt-coins, USD beasts are blame LSK down. On Saturday, we mentioned that as continued as prices abide beneath that attrition trend band again we abide bears until back there is a bright advance above. That should be accompanied by a able bullish engulfing arrangement or a two-bar changeabout pattern. In this case, though, amount activity charcoal aural 12.10.2024 Hi-Los and that accessory abutment trend band abutting 09.10.2024 and 14.10.2024 lows still holds. There is a buy arresting but buck volumes are still beneath the circadian boilerplate trading ambit and therefore, today’s candlestick can advance to a breach aloft attrition or beneath accessory abutment for buck trend continuation. We abide aloof for now until a bright trend is defined.
