• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo

Tron (TRX), EOS, Litecoin, Stellar Lumens, IOTA Technical Analysis: Stellar Lumens UP 80 Percent in July as Tron (TRX) Supporters Tune In For “Secret Project” Announcement

Dalmas Ngetich by Dalmas Ngetich
3 years ago
in
Reading Time: 4min read
Altcoins Technical Analysis
Advertisement

Today, Tron (TRX) shall take center stage and many are expectant to hear some price boosting news. Already, Tron (TRX) bulls are setting the pace adding eight percent in the last day and pushing TRX back into the top ten. As that happens, IOTA might continue bouncing off 90 cents buoying bulls.

Let’s see these charts:

EOS Technical Analysis

EOS Technical Analysis
EOS Daily Chart by Trading View

From the News

  • BitPanda avails EOS across Austria—opening up further investments

You can now buy @EOS_io with cash at 400 Post branches and 1300 Post partners throughout Austria. Conveniently redeemable online within seconds, all you need is an email address. #eosio #Bitpanda #BitpandaToGo pic.twitter.com/KP6KmSHi4u

— Bitpanda (@bitpanda) July 27, 2018

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!
  • Blocktivity data shows that EOS daily transactions up.
  • xDAC, a platform for creating DAOs launches on EOS
  • EOS Price stable, down 0.1 percent in the last day

Price Analysis

July 24 bullish candlestick anchors our optimism. Overly, we remain bullish even in the midst of EOS horizontal consolidation. In line with our initial EOS trade plan, unless otherwise, we shall retain a neutral to bearish stand with the view cancelled only after EOS buyers edge past $9.

From the daily chart, $9 is the upper limit of this $2 trade range and is also a buy trigger. In any case, the only way EOS bulls can set the pace for further gains is them closing above $9 while sellers would be back, snapping back in trend once they close below $7.

Technically EOS is trading within a bearish break out pattern following June 22 close below $9 and so, as per our trade emphasis, failure for higher highs mean the past week’s action is but retests.

Litecoin (LTC) Technical Analysis

Litecoin (LTC) Technical Analysis
Litecoin Daily Chart by Trading View

From the News

  • You can now buy/sell Litecoin at TransferGo

"There’s strong demand for cryptocurrencies"says Daumantas Dvilinskas, Founder and CEO of TransferGo, a London-based remittance service, has become the first remittance provider to offer a cryptocurrency trading service which include XRP!!!

Listen:https://t.co/ST4v9GFHT2 pic.twitter.com/pvT5SmnbFr

— ?PandaRippleXRP? (@RipplePandaXRP) July 28, 2018

  • Register at LocalCoinSwap and trade Litecoin and other cryptos for free
  • Germans prefer DASH coin news than Litecoin’s.
  • Litecoin (LTC) price stable, down 0.5 percent in the last day

Price Analysis

Our Litecoin trade plan remains constant. Litecoin (LTC) is technically trading within a classic bear break out pattern with June 10 high volume bear candlestick triggering that trade pattern.

So, as before, we take a neutral stand cognizant with the fact that as long as LTC trade within $90 and $70 to the down side, our bears are valid.

For buyers to take control, then we need price gains above our long trigger at $90 with first targets as highlighted in our previous Litecoin (LTC) technical analysis.

Stellar Lumens (XLM) Technical Analysis

Stellar Lumens (XLM) Technical Analysis
Stellar Lumens Daily Chart by Trading View

From the News

  • TransferTo collaborates with Stellar to promote international pay and remittance
  • SatoshiPay, who have a partnership with Stellar, preparing for an IPO at the LSE
  • Lumens (XLM) price up 80 percent in the last month.

Price Analysis

Regardless of last week’s Stellar Lumens accumulation, XLM did register gains. As a matter of fact, it has been a wonderful month for the coin flourishing from good news and consistent high volumes. Now, from prior XLM trade plans, all we need are strong gains above July 25 highs for our conservative buy triggers to hold true.

Alternatively, should we see lower lows; it’s likely that sellers will find a floor at around 25 cents. From there on, buyers can load with stops at 22 cents and first targets as laid out before at 40 cents and 50 cents.

Ideally, conservative should expect high volume break above 36 cents before engaging with first targets at 50 cents.

Tron (TRX) Technical Analysis

Tron (TRX) Technical Analysis
Tron Daily Chart by Trading View

From the News

  • Justin Sun claims Tron blockchain is 80 percent faster than Ethereum
  • Community eager to learn about Tron’s “secret” project
  • Binance and three other exchanges will permanently support TRX

#TRX We made a list of all exchanges that support #TRON and classified them into three categories, #TRONICS can check the $TRX migration progress for more details. https://t.co/uWeGFp21fl

— Justin Sun (@justinsuntron) July 29, 2018

  • Tron and three other smart contract platforms most active at GitHub according to DP Rating report
  • Tron (TRX) outperforms other coins, adds eight percent in the last day

Price Analysis

A day before their TVM launch, Tron is back to the top 10 and up eight percent in the last day. With the decent gains, TRX is poised for more gains in line with July 24 bulls in a perfect effort vs result clash.

While bears are technically in charge, any good news would push prices towards or above our first TRX buy targets of 5.5 cents. Otherwise, and as set out in our last Tron (TRX) technical analysis, any sub-par partnership might see a high volume drop below 3.2 cents and towards 2.5 cents.

Either way, it seems like buyers have an upper hand and today my suggestion is to buy as our previous Tron trade plan dictates with stops at 3.2 cents with first targets at 5.5 cents.

IOTA (IOT) Technical Analysis

IOTA (IOT) Technical Analysis
IOTA Daily Chart by Trading View

From the News

  • Vapers Coin will partner with IOTA in 2018

https://twitter.com/vaperscoin/status/1023306157694353409

  • Qubic Lite, an imitation of Qubic, releases their first gaming dApp, Tangle Farm
  • FCoin now allows for IOTA deposits
  • An alternative to web, FogNet combines IOTA and Bluetooth
  • IOTA is up one percent in the last day

Price Analysis

As before, 90 cents which doubles up as our main support line and 2018 lows anchors our analysis. Before the weekend, our trade suggestion was to buy IOTA at spot rates with stops at 90 cents as buyers reject further price depreciation forming that triple bottoms.

In any case, we shall take advantage of this revival and like most coins, our first targets which is also a main resistance line and former support at $1.3 shall be our level of interest.

Remember, like most coins under review, IOTA is trending within a break out pattern and so for buyers to be truly in charge according to our last IOTA price forecast, conservatives need to see strong gains above $1.3 or July highs.

Disclaimer: Views and opinions expressed are those of the author and aren’t investment advice. Trading of any form involves risk and so do your due diligence before making a trading decision.

Tags: eos technical analysisIOTA (IOT) Technical AnalysisLitecoin (LTC) Technical AnalysisStellar Lumens (XLM) Technical AnalysisTron (TRX) Technical Analysis
TweetShare
Nexo Logo
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
Dalmas Ngetich

Dalmas Ngetich

Interested in new Tech

Related Posts

Bitcoin Exchange Coinbase to Go Public; What Does It Mean for BTC/USD?

Bitcoin Exchange Coinbase to Go Public; What Does It Mean for BTC/USD?

26 mins ago
Fastswap

FastSwap Set for Liquidity Aggregator and Binance Smart Chain Migration

2 hours ago
Bitcoin Sell-Off Resumes Ahead of Key Economic Data; What to Expect?

Bitcoin Sell-Off Resumes Ahead of Key Economic Data; What to Expect?

3 hours ago
Ethereum

TA: Ethereum Bulls Keeps Pushing, Why $1,720 Is The Key For Fresh Rally

9 hours ago
Bitcoin

TA: Bitcoin Consolidates Above $50K Why BTC Could Face Bears At $52K

11 hours ago
bitcoin collateral

Summing Up The Case For Bitcoin As The Future Of Collateral

13 hours ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

Oxygen Protocol to List OXY Tokens on BitMax

February 24, 2021

HOPR Hosts Global Token Launch Event on February 24th after First-Of-Its-Kind DAO Experiment

February 24, 2021

Egoras- a Decentralized Finance Ecosystem for Growing Markets!

February 23, 2021

Newsletter Signup


ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Gamble +

© 2020 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.