As EOS bull momentum slow down, ADA/USD and IOT/USD are trading within a bull break out pattern and it is likely that prices will race towards immediate targets at 9.5 cents and 90 cents. Should there be higher highs today in these two pairs as EOS/USD and XLM/USD consolidate then it points to an existing…
It’s back to red territory for altcoins and with double digit losses, prices are trading below important support levels. Leading the pack is LTC/USD which is down 14 percent in the last day and ADA/USD trading below 6 cents as bears print new all time lows. At this pace it is likely that Monero will…
After weeks of double digit loses and break below important support levels now resistance, Stellar Lumens—XLM/USD, Litecoin—LTC/USD and even Monero—XMR/USD could pull back towards immediate resistance as demand grow in lower time frames. Let’s have a look at these charts: EOS/USD Price Analysis The ego war is having a toll on Bitcoin cash and after…
With interstellar, blockchain air drop, BancorX and recent Bosch device development, the altcoin ecosystem is vibrant. But, this is yet to translate to meaningful gains. As a matter of fact, LTC/USD could print $30 by the end of the month in stark contrast with smart contracting and IoT platforms as ADA/USD and IOT/USD. Both are…
Losses are deep and as price action trend below key support levels, altcoin recovery is a tall order. The only coin that could register gains assuming investors’ expectations are met is XLM. From candlestick arrangements, there seem to be underlying support because XLM/USD sellers are yet to drive prices below 15 cents triggering further draw…
Even with ball park +75 percent losses from 2017 highs, the altcoin market is ripe for a reversal as XLM/USD and ADA/USD reject lower lows. Meanwhile, EOS/USD and LTC/USD are near important support levels and today could determine short term price trajectory. Let’s have a look at these charts: EOS/USD Price Analysis Back to back…
It’s back to profitability for most altcoins as they register double digit gains. Leading the pack is XLM/USD and ADA/USD trading above important resistance levels. We expect most altcoins to keep expanding throughout this week as they reverse 2018 losses as price action form the foundation of a mega-rally. Let’s have a look at these…
Unexpectedly, altcoins are sinking lower hitting stops as previous bull expectations fade. All in all, it’s likely that LTC/USD pair is now trading below the all-important support. Should today edge lower then we expect bears to pick up and drive prices towards $30 as TRX/USD, EOS/USD and XMR/USD pairs follow suit. Let’s have a look…