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Apart from Tron, most coins didn’t register impressive gains as May 20 price action. Nonetheless, we still expect market participants to bid up the likes of Tron, IOTA, and EOS and to some degree, Stellar Lumens which has been characteristically low key. I would also recommend keeping an...
It’s just four days before Tron launch their Tron Virtual Machine (TVM) and already there is injection of momentum. Yes, I’m net long Tron and that’s a technical and sentiment advice based on historical formations before announcement of coin specific developments. In my view, TVM is a plus...
By all accounts, alt coin sellers have had the upper hand this week. EOS, Tron and IOTA were some of the coins that saw double digit erosion but encouragingly for buyers, there seems to be a re-bounce. By yesterday, Litecoin, EOS, Tron and to some degree Stellar Lumens...
Besides EOS that have subtle hints of higher highs following May 16 bullish pin bar or spring, other coins including Tron are printing negative gains in the last 24 hours. Of note is how Stellar Lumens prices are behaving despite good news. Despite everything, it is engaging the...
Other than Tron which somehow found support following their website overhaul, sellers are in charge in month coins. To give you a perspective, IOTA is down 20 percent in the last week for example and Litecoin is struggling to edge past $140. Instead what could happen is a...
If this is a retrace before a bullish explosion, I don’t know. What is clear for sure is that EOS, Tron and a host of other cryptos under our radar are reversing their two or three days gain. Spearheading this depreciation is EOS which is down eight percent...
It’s only 10 days before Tron snapshot begins and while we expect a vibrant Tron as investors shuffle to login to their respective exchanges, prices might end up on a high. Anyway, like Tron, the same pattern might pan out in IOTA now that IOTA prices are finding...
There are some pretty nice developments in the markets that we should remain positive despite the down trend. As it is-and playing by the technical development-we expect prices to bounce back with Litecoin and IOTA probably spearheading that recovery. It’s obvious that prices are building on May 12...
Of course, news of UpBit involvement in fraud is shocking and more so spells doom for EOS and Tron coin holders. This is because the majority of the exchange’s trading volumes come from the latter’s demand or liquidation. It’s a definite EOS, Tron and Litecoin sell signal visible...
After periods of modest gains in the first half of the week, sellers are now shifting gears and eroding gains in most coins under our focus. Litecoin, Tron and IOTA offer good examples. In this regard, I expect to see a further buy pressure relieve with IOTA and...
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