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Even in the face of bullish expectations, altcoins bull momentum is fading out and the market is down roughly five percent from recent highs. Like their rapid gains, IOTA and Tron are leading the charge losing eight percent in the last 24 hours while others as Litecoin is...
It’s a ball park seven percent gain for all altcoins under our preview. While our trade plans are live and on course, we expect further gains especially in Tron which is due to launch their virtual machine as they compete with Ethereum by end month. Others as IOTA,...
Though gains are around three percent week over week, altcoins are clearly rejecting lower lows and recovering. Thus far, there are reasonable gains in Litecoin, EOS and Stellar Lumens. If Stellar Lumens shake off sellers and bulls drive prices above 26 cents, chances are another flip may happen...
On a positive note, altcoins are stabilizing near our historical reversal drops—90 percent down from 2017-18 peaks. For now, we recommend taking a neutral to bullish stance especially in Litecoin, Stellar Lumens—retesting a monthly support trend line, IOTA and EOS. Fundamentally, TRX might get a boost but that’s...
Days after the Chinese CCID said EOS top the charts on matters technology, applicability and innovation, the Chinese government went ahead and outlawed cryptocurrencies and related business. This caught the market off guard and though there are no wild price swings, we might see lower lows today as...
Though there are attempts of higher highs now that most coins are yet to break away from key support lines and still trading inside that strong bullish engulfing candlestick of Aug 17, odds are today sellers might snap back and confirm the eight month bear trend. As seen...
All in all, traders and investors are optimistic of a morale boosting recovery in altcoins price. Nonetheless, for that to happen then we must see strides as EOS, Litecoin and Tron buyers build up enough momentum for further higher highs past last week’s highs. IOTA and Stellar Lumens...
Apart from IOTA which on paper seems to be outperforming peers adding 15 percent in the last days, other coins as Tron, Litecoin and Stellar Lumens are up roughly two percent on average. Of all coins though, Stellar Lumens (XLM) is the most stable as they consolidate horizontally...
The altcoins market is in recovery mode and after more than two months of persistent sells, their momentum is fading. Though they still lack solid confirmation, price floors are morale boosting for coins as EOS, Tron, IOTA and even Litecoin which were heading lower. Next week’s price action...
Even if prices are fair off from seven days ago, still bears are in charge. The daily chart specifically displays a ball park five percent drop over a 24 hours span in coins as Tron, IOTA and EOS. Though we remain bearish, any high volume break above $65...
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