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…
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…
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…
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…
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…
Still, Litecoin is ranging within a $20 zone with upsides at $70. Though we are expectant at the back of strong fundamentals and technical formations, our Litecoin trade plans shall be solid if and only if our trading conditions are met. Latest Litecoin News Relying on the so called experts can be dashing for your…
It will always be there that EOS critics will point out to the level of centralization visible in the block producers list. Unfortunately, they will always turn a blind eye to the platform’s stellar performance. Nonetheless, we expect higher highs in days to come and as Monero prepares for a system upgrade tomorrow, they are…
Despite Gemini support and yesterday’s two percent gain, sellers are in control. In fact, we may see prices sliding below $50 confirming the trend resumption phase of the bear break out pattern that begun in early August. Generally, we are bearish but this could change if Litecoin find support and we see a pump towards…