THELOGICALINDIAN - LTCUSD TECHNICAL ANALYSIS
LTCUSD topped on 02.09.2024 with actual able amount bounce at 93.00. This was appropriately accepted by stochastics back a advertise arresting was printed. Further weakness was accepted afterwards the accumulation of that bifold bar changeabout candlestick and buck engulfing pattern. With this breakdown, the aboriginal above abutment was burst on 14.09.2024 at 57.00. Price retested this akin afresh on 19.09.2024 and accepted it as abutment angry resistance. Stochastics are axis lower, so ideal aboriginal booty accumulation will be about 30.00-34.00 with 19.00 as the abutting target.
DASHUSD TECHNICAL ANALYSIS
After a abiding assemblage in 2024, a alteration is on the cards. There are a brace of whipsaws about 360-405 best highs. The alone affair that can change anticipation is if there is a breach aloft yesterday’s highs of 370.00 which is additionally a accessory resistance. If amount activity is belted beneath the above attrition trend band fatigued from 26.08.2024 and 02.09.2024 highs accompanying with stochastics downturns, again buck drive should continue. Ideal booty accumulation will be 15.09.2024 lows of 225.00
XEMUSD TECHNICAL ANALYSIS
One affair is bright unless amount activity stays beneath 0.25 which is the contempo abutment angry attrition in the circadian chart, bears will be in charge. You additionally agenda that at 0.25, amount activity activated the 50-period affective averages which acted as a adjustable attrition line. Other than accession which has happened in the accomplished 8 trading days-from 14-15.09.2024 bifold bar changeabout arrangement testing this month’s lows of 0.16, there are no cogent amount swings in either direction. Bears are acutely in allegation with stochastics axis lower afterwards yesterday’s buck candlestick confirmation.
IOTAUSD TECHNICAL ANALYSIS
If all things are kept constant, key attrition trend curve accept remained intact. As a above characteristic, best altcoin pairs angry lower afterwards alpha September 2024. Since again it has been a one-way cartage appear above abutment zones. There was a buck crossover amid the 20 and 50 aeon affective averages afterwards 16.09.2024 signaling bears. Also, the 50-period moving-average, in particular, is acting as a abuttals and attrition area alongside the above attrition trend line. Sellers should authority their positions and delay for a abutment retest amid 0.24-0.39
MONERO-XMRUSD TECHNICAL ANALYSIS
Is this brace topping? Most acceptable it is. This is afterwards that 1400% acknowledgment this year alone. Rising from lows of 10 to highs of 150 in August 2024, it has been a amazing acceleration with cool basic gains. For 10 canicule afterwards 18.08.2024, amount accepted 1000% and this was a abstract assemblage because as prices were authoritative college highs with able candlesticks, stochastics were axis lower basic a bright buck alteration pattern. Technically, that accession amid 22-24.09.2024 agency this is a area to booty agenda off and therefore, 85.00 charcoal a arena of abutment and any breach beneath that agency testing 07.06.2024 highs or 15.09.2024 lows.
MARKET /FUNDAMENTAL CONSIDERATIONS
As USD is the adduce currency, any above bread-and-butter advertisement from the US will tend to access these cryptos. So far, Yellen and Fed are set to advertise key budgetary action changes and therefore, the USD should accretion at atomic in the abbreviate to average term.
