The stability of altcoins should be another opportunity to sell according to trend definition of Oct 11. Subsequent confirmations of Oct 29 did place the lid on buyers even though prices are leveling out. But, it could get worse if losses print today. On the reverse side a stream of boosting fundamentals could propel pairs…
Even with listing at Bitex, LTC/USD is facing upside resistance and is now trading below $30. Moving on, this is definitely inviting for sellers just like it is with Monero—XMR/USD and at EOS/USD. All in all, before sharp drops print, it is likely that bears will slow down allowing for minor recovery towards immediate resistances.…
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…
Even if yesterday’s upsides were limited, altcoins are technically bullish and should print higher as the week come to a close. In that case we expect ADA/USD and XLM/USD traders to buy at spot prices with stops at immediate support. As this prints, EOS/USD, LTC/USD and XMR/USD traders should maintain a neutral position until close…
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…
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…