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…
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…
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…
Overly, altcoin bulls are in control and even though prices are consolidating inside key candlesticks, week ending Sep 23 bulls influence our analysis—and sentiment. Most notably is Monero which is consolidating and rejecting lower lows below $100 and EOS which despite Huobi collusion accusation is stable but a long way from $7. Litecoin, Cardano and…
At the back of 80+ drops, the altcoin market is priming for higher highs. From a new Tron wallet to impressive developments in IOTA, bulls stand a chance. Because of this and supportive technical developments, we recommend buying TRX and Litecoin at spot prices. Let’s have a look at these charts: EOS Price Analysis Binance,…
After yesterday’s reds, altcoins are facing the sword and as long as sellers are in control, trading within a bear breakout pattern, it is likely that Tron, Monero, EOS, Stellar Lumens and Litecoin would print new 2018 lows retesting early 2017 price tags. Let’s have a look at these charts: EOS Price Analysis Unfortunately for…
As expected, altcoins prices are slowing down after periods of sustained bullish attempts in the second half of last week. As it this, there sellers are running reign in most coins under our preview. Needless to say, week ending Sep 9 and Sep 5 bearish engulfing pattern is a definite price damp for buyers. All…
In the last day, altcoin prices were stable. Gains or losses were within a one percent range as sellers begin to clip back gains. The fact that there is failure by Cardano and EOS bulls to close above key resistance lines at 12 cents and $7 backs our bearish forecast. On the other hand, Litecoin…
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…
Despite a spike in blockchain activity, EOS prices are yet to recover. The coin is actually the worst performer in the top 10 dropping 12 percent in the last day. However, the trend is uniform across the board with losses visible in Litecoin, Stellar Lumens and one of last week’s top performer, Tron. Nonetheless, we…