Sep 18 flash gains are quickly evaporating giving way for solid Sep 17 losses backed by high level of participation syncing with the dominant trend—that of sellers. That is why, it’s likely that EOS, Litecoin, Stellar Lumens, Monero and Cardano prices might drop in coming days with Cardano for example dipping below 6 cents and…
The recovery of altcoin prices can be attributed to a combination of technical and fundamental factors. Technically, EOS, Litecoin, Stellar Lumens, Monero and even Cardano are on a downtrend shedding more than 80 percent from 2017 peaks. Most noteworthy is the 96 percent slide in Cardano prices. History has it that recoveries are inevitable after…
A correction is underway in IOTA and TRX price charts following bull break out above important resistance levels a few days ago. Still, we retain a bullish outlook recommending buyers to buy on dips as long as prices are trading above key support levels. This is even applicable in Tron following their release of a…
Across the sphere, bulls are dominant and that is visible as far as altcoins are concerned. EOS, Litecoin, Stellar Lumens and Cardano are rejecting lower lows. Most noteworthy are movements in ADA. Here, prices are bouncing building bull momentum as prices align with last week’s surges. All in all, we recommend buys at spot prices…
Altcoins bulls are back and as Stellar Lumens—up 7.5 percent and IOTA—up three percent in the last day lead the rest of the market, it’s likely that our bull traders will go live today. As such, we recommend traders to search for under-valuations in lower time frames. Let’s have a look at these charts: EOS…
Overly, bears are in control. Despite the recoveries especially in Tron, Litecoin and EOS, sellers should be actively unloading at spot rate. Tron prices are buoyant because of Justin Sun shills but could crash if the said partnership doesn’t meet the community’s expectations. Furthermore, there are news of Gemini accepting Litecoin deposits beginning today. This…
Odds are altcoins are likely to fly off from their main support. With most registering gains in the last day, prices are now inching above key resistance trend line with Tron for example trending above Sep 2018 highs. As a result, bulls are likely to dominate and the same might pan out in IOTA thanks…
Aside from Litecoin, most coins under our preview are trading below important support levels. After breaking below 15 cents, we expect Stellar Lumens prices to drop to 8 cents while Cardano’s losses could see ADA print new 2018 lows. Let’s have a look at these charts: EOS Price Analysis No doubt, losses are steep in…
Altcoins are finding support with prices edging higher in line with Sep 27 buy attempts. While traders and the larger community retain a bullish outlook thanks to last week’s surges from key support levels, positive fundamentals could prime bulls thrusting them above key resistance levels in Cardano, Litecoin, EOS and Tron. Tron stands a chance…
Overly, market participants are apprehensive and after 11 months of straight losses, traders are cautious to commit until clear bull signals print. Stellar Lumens look likely to expand thanks to rejection of lower lows below 15 cents. Meanwhile, the uncertainty around EOSIO and Dan could fuel losses towards $1.5. At the same time, Monero support…