ADA/USD is showing growth, while the XMR/USD pair is fluctuating between the October 11 and October 15 levels. As before, we are optimistic and expect confident price growth after a protracted correction.
ADA/USD
Technically, ADA/USD is currently trading in a bullish pattern. We recommend trading as per our previous analysis.
Aggressive traders should buy on each dip with stops at 7.3 cents with first targets at 9.5 cents. A further price breakout would signal conservative buyers to place targets at 12 cents.
XMR/USD
Although we remain optimistic, before we buy we need to see price confirmation that the bulls are in control of the market.
Keep in mind that if XMR/USD falls below $100, then our trading plan is canceled. In this case, further price declines will provoke sales with targets of $70. On the other hand, a break above $120-$130 would be ideal for us as it could trigger a bull run with targets at $150 and then $300.
According to newsbtc.com
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