Analysis of TRX and XMR as of 10/30/2018

TRX/USD

In addition to the fact that the price does not show signs of growth, the bears began to lower it below the level on October 15. Yesterday's price decline also demonstrates that our trading plan for the TRX/USD pair was incorrect, which puts us back in a neutral position. I would recommend that aggressive traders sell if the price reaches the 2 cent support line. Stops are still at 2.4 cents.

XMR/USD

In line with our previous analysis of the XMR/USD trading pair, we remain neutral. Two factors can provoke us to start trading. First, if the price goes above $120, the bulls will start buying dips. Secondly, if the price falls below $100, it will be the start of a bearish trend.

Given yesterday's losses, I would not be surprised if we see a continuation of the bearish trend. Therefore, aggressive traders may want to start selling with stops at $120. The first target is $100, and then $70. Conservative traders should wait until the price falls completely below $100. After that, they can sell with targets of $70 and $50.

According to newsbtc.com