EOS, Cardano, Tron, Stellar Lumens, IOTA Price Analysis

After 8-months of consistent lower lows, altcoins are finally recovering as sellers lose steam. Evidently, not only are traders unwinding their tight sells resulting to clear recoveries in Tron, EOS and Stellar, but we might see a reversal in ADA. Cardano (ADA) is trading below it’s all time lows and bear target at 7 cents and even with solid volumes on Sep 12, bulls didn’t follow through yesterday. Let’s have a look at these charts: EOS Price Analysis From the News HitBTC, a crypto to crypto exchange has made EOS,…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 12

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Financial regulators are watching companies involved in the cryptocurrency industry with increasing scrutiny. On September 11, the U.S. Securities and Exchange Commission (SEC) penalized a crypto hedge fund for the first time, while the Financial Industry Regulatory Authority (FINRA) charged broker Timothy Ayre…

Cardano, EOS, Stellar Lumens, Litecoin, Monero Price Analysis

There is a ray of hope in the crypto-sphere: Litecoin is up three percent rejecting lower lows right at $50 support line while Stellar Lumens bulls did add five percent following through on Sep 11 gains. Others as EOS and Monero are stable but edge higher with Monero trending along $100, a psychological level. In the mean time ADA is below ATLs at 7 cents meaning our sell triggers are live overriding news of Metaps ADA integration come November 2018. Let’s have a look at these charts: EOS Price Analysis…

Cardano Price Analysis: ADA/USD Could Test $0.060

Key Highlights ADA price declined further and broke the $0.0700 support level against the US Dollar (tethered). There is a major declining channel in place with resistance at $0.0700 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to break the $0.0620 support area and decline further in the near term. Cardano price is moving lower against the US Dollar and Bitcoin. ADA/USD may continue to trade lower towards the $0.0600 support area if sellers remain in control. Cardano Price Analysis This week,…

Litecoin, Stellar Lumens, EOS, Cardano, Monero Price Analysis

Aside from news of Stellar Foundation acquiring Chain, a San Francisco blockchain start up for a figure believed to be above $40 million, Litecoin developers are back. This time, they have plans of launching a web based Litecoin wallet that will be secure enough to fend off attackers. Though positive, these two didn’t change the market trajectory and instead sellers are dominant printing new lows in Cardano (ADA). Let’s have a look at these charts: EOS Price Analysis EOS Daily Chart by Trading View Oscillating between $5.5 on the upside…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 10

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The market is finding it difficult to sustain the total cryptocurrency market capitalization above the $200 billion mark. The news of the U.S. Securities and Exchange Commission (SEC) suspending trading in the Bitcoin Tracker One and Ether Tracker One securities has further dampened…

Cardano Price Analysis: ADA/USD Likely To Extend Declines

Key Highlights ADA price is under heavy pressure and it could soon break the $0.0740 support against the US Dollar (tethered). There is a key bearish trend line formed with resistance at $0.0780 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently moving lower and it may soon break the $0.0735 swing low. Cardano price is trading with bearish moves against the US Dollar and Bitcoin. ADA/USD may continue to move down towards the $0.0700 and $0.0650 levels. Cardano Price Analysis This past…

Cardano, Litecoin, Tron, Stellar Lumens, EOS Price Analysis

Technically, we remain net bearish of EOS, Litecoin, Stellar Lumens, Tron and Cardano (ADA). Nevertheless, of all these coins, Cardano is at a point of inflection and should sellers resume last week’s momentum then we will see new ATLs for ADA. The same applies for Tron and Litecoin which is finding temporary support after yesterday’s double bar bullish reversal pattern. Any move above the last three or four days consolidation might trigger a wave of buy pressure towards Sep 5 highs. Let’s have a look at these charts: EOS Price…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 7

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Total crypto market capitalization tumbled from $239 billion on September 5 to $200 billion on September 6, according to data from CoinMarketCap. One of the probable triggers for the fall was a Business Insider report that Goldman Sachs was dumping its plans to launch…

EOS, Cardano, Stellar Lumens, Tron, IOTA Price Analysis

A single day of BTC dip was enough to wreck havoc in altcoins valuations. It’s because of that, that most coins under review as EOS, Cardano, Stellar Lumens, Tron and IOTA will end up bearish and likely resume a trip to new 2018 lows throughout this month. The only stand out in this red is Stellar Lumens. Jed MacCaleb’s coin might reject lower lows and print higher more so if buyers reverse Sep 5 losses closing above 25 cents. It even gets better. Recent reports indicate that Australians are accumulating…