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

Undoubtedly, altcoins are under immense pressure. Laying out this is the increase of Bitcoin dominance to over 55 percent showing investors shifting their capital from altcoins to Bitcoin. All in all, rousing developments in EOS, they are set to unveil new dApps, should prop prices while a damning analysis by Tushar Jain, the MD of Multicoin could trigger renewed criticism on Litecoin and Charlie Lee further damping prices. Let’s have a look at these charts: EOS Price Analysis Latest EOS News According to reports from IMEOS, the CEO of EOS–Brendan…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 17

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. Mt.Gox, the bankrupt Bitcoin exchange that collapsed in 2014, is soon expected to distribute $1 billion worth of cryptocurrencies to thousands of its creditors. As it has been a long wait, some might offload their bitcoins as soon as they receive them. Can…

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

As expected, altcoins prices are slowing down after periods of sustained bullish attempts in the second half of last week. As it this, there sellers are running reign in most coins under our preview.  Needless to say, week ending Sep 9 and Sep 5 bearish engulfing pattern is a definite price damp for buyers. All in all, should prices move above $9 in EOS, $70 in Litecoin, 25 cents in Stellar Lumens and $150 in Monero, then we shall have a trend continuation pattern. In that case, our immediate bull…

Litecoin ‘Significantly Overvalued,’ Cryptocurrency Hedge Fund Claims

Proponents of litecoin, the seventh-largest cryptocurrency, have long touted it as “silver to bitcoin’s gold,” the medium of exchange to BTC’s store of value. Much like physical silver, though, litecoin currently trades well below its all-time high, having plunged to about $55 from a peak of $358. However, according to cryptocurrency hedge fund Multicoin Capital, even at that mark litecoin is “significantly overvalued.” Multicoin, which is short LTC, lays out its bear case for the asset in a new report, authored by managing partner Tushar Jain. A Maturing Market and…

Litecoin (LTC) Price Watch: Is That a Double Bottom?

Litecoin Price Key Highlights Litecoin price could be done with its drop as a double bottom may be forming on the 4-hour chart. Technical indicators are showing mixed signals at the moment as selling pressure remains present. A break past the neckline at $70 could lead to a rally that’s the same height as the chart formation. Litecoin could be in for a reversal from its slide as a double bottom can be seen on its 4-hour chart, awaiting confirmation. Technical Indicators Signals The 100 SMA is above the longer-term…

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

Though EOS, Cardano, Monero, Stellar Lumens and Litecoin price analysis portray positivity, we are yet to see strong gains safe those of early last week. Litecoin news of Gemini listing coupled with Abra’s addition of Cardano (ADA) are bright spots but first Cardano prices must rise above 7 cents nullifying current sells. EOS Price Analysis Latest EOS News Gambling dApps dominate the EOSIO blockchain just like Cryptokitties and similar games run supreme in the Ethereum platform. Unlike the latter, hackers have a reason to exploit these casino applications like they…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 14

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. Mike Novogratz, founder and CEO of crypto investment firm Galaxy Digital Capital Management, called a bottom in cryptocurrencies on September 13, while conversely the Chief Commercial Officer of BitPay, Sonny Singh believes that Bitcoin will resurge in 2019 but that altcoins “will never come…

Stellar Lumens, EOS, Litecoin, Tron, IOTA Latest News and Price Analysis

The altcoin market is stabilizing and poised to add more over the weekend due to specific candlestick formations in EOS, Litecoin, IOTA and Tron. That’s on top of favorable altcoins news that continues to trickle. Of all the coins under our review, Stellar Lumens price is slow to pick up and still trading below 25 cents. However, the general shift in momentum could aid thrust altcoin prices back towards profitability in the short to medium term. Let’s have a look at these charts: EOS Price Analysis Latest EOS News Through…

A Double Bottoms Kick-starting Litecoin Recovery

Other than ETH which is up 13 percent, Litecoin remains the last 24 hours top performer adding 12 percent. The result is that morning star pattern and rejection of bears at Aug 2018 lows at around $45-$50. Going forward, we suggest small size Litecoin buys for risk off traders with first targets at $70. Afterwards, conservative traders can pick up longs should buyers close above it. From the News Aside from the slide in Litecoin’s market cap, there are many developments that are supportive of Crypto—in the long run since…

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…