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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...
For the first time in more than n days, the top 10 is green and printing double digits right at main support lines. Of course, in the last days, support lines were melting but gains at Litecoin, IOTA, Tron and EOS are steeling coin supporters. In the top...
Even as bears fatten, there is some good news for Stellar Lumens holders. It is now the fifth largest coin by market capitalization and the most stable coin in the last week shedding 13 percent. This is definitely a huge boost for coin holders and as more mainstream...
Despite the stable prices in some altcoins as EOS and Litecoin, most coins under our review are yet to recover. IOTA for example is last week’s top loser shedding more than 50 percent on a weekly basis and is down 12 percent in the last day. Tron (TRX)...
More often than not, asset prices tend to recover following periods of stretching as the last two weeks demonstrate. In our case, unless we see a recovery in Bitcoin, most coins as Litecoin or EOS for example might extend their losses. Others as Stellar Lumens might be destabilized...
Though altcoins are finding reprieve following rapid depreciation mid this week, the fact that most are trading at new 2018 lows as IOTA, Litecoin while some as EOS and Stellar Lumens are retesting important support line means the market might add to their losses in coming days/weeks. However,...
Many are speculating that the SEC decision might have triggered this sell frenzy but what we should also realize is that most coins were dangling right at the edge waiting for a collapse. All altcoins caved in, registering double digit losses as EOS and IOTA lead the loss...
Perhaps a stand out is IOTA which despite news of IOTA Hub, addition of new personnel together and prospects of Qubic continues to dump down. Week over week, IOTA is down 18 percent and trending below 2018 lows. Others as EOS, Litecoin and Stellar Lumens are stable with...
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