EOS, Stellar Lumens, IOTA, Litecoin, Tron Technical Analysis

Yesterday’s altcoins price movement is a normal occurrence often happening after periods of rapid gains/losses. Stellar Lumens is leading the charge. On the other end though, EOS, Litecoin, Tron and IOTA are relatively flat and retracing. Regardless, we still remain upbeat expecting fundamental events to stimulate the next wave of buy pressure. Let’s have a look at the charts: EOS Daily Chart By Trading View Scalability is one area that EOS is excelling at. Before their mainnet launch, it was one of their main agenda. That’s apart from offering free…

Stellar Lumens, EOS, Litecoin, Tron, IOTA Technical Analysis

Charlie Lee statement about buying BTC and not LTC is dominating headline fueling what has come to be known as Cryptocurrency Tribalism. It’s even worse for Litecoin because Stellar Lumens is now the sixth most valuable coin standing a chance to make a cut at CoinBase. As a matter of fact it is up 60 percent in the last week alone and earlier buyers who got in at 22 cents are cashing out after prices hit their targets at 30 cents. Let’s have a look at these charts: EOS Technical…

XRP Technical Analysis

On a weekly basis, XRP is up 14 percent as buyers continue to reverse their two month losses and syncing with April’s rally. As it is, buyers are in charge and poised to gain more thanks to the resurgent ETH and Bitcoin hauling prices from key support line. From the News For once, put aside the drama, the divorce case between Ripple the company and XRP created by Ripple Labs and focus on the real deal: The value proposition that you the investor will directly benefit from. It’s what makes…

Stellar Lumens, EOS, IOTA, Litecoin, Tron Technical Analysis

Altcoins are making a comeback and none stands out like Stellar Lumens gains. CoinBase’s announcement and Tempo’s integration might be behind this but what is clear is that price action now favors buyers. EOS and Litecoin are also recovering and looking to reverse May-June losses while Tron is now handing over their bug bounty program to HackerOne. Overly TRX is registering gains and is actually up five percent in the last day. Let’s have a look at these charts: EOS Technical Analysis EOS Daily Chart by Trading View Unlike most…

Litecoin, EOS, Stellar, Tron, IOTA Technical Analysis

There is a crypto recovery that comes even in the face of allegations. We have seen how Tone Vays is tearing down Litecoin-TokenPay partnership while Justo is laying down his claims that EOS is actually undercutting Ethereum. Either way, both coins are in the green and setting the pace for further gains in IOTA, Stellar Lumens and Tron-which has their TVM launch in a forth night. Let’s have a look at these charts: EOS Technical Analysis EOS Daily Chart by Trading View So according to a dApp developer, Justo, Ethereum…

NEO Technical Analysis

Undoubtedly, NEO is China’s flagship project and is an important project. Despite that big tag, NEO is on a slide and so far, sellers are aiming for $25 if not for $12 assuming prices break from this horizontal consolidation. At the moment, NEO is down four percent in the last day and it is likely to lose more as traders move within a bear break out pattern. From the News It’s exciting time for cryptocurrency and smart contract platforms including NEO. As we know, NEO and Tron are some of…

EOS, Litecoin, Stellar, Tron, IOTA Technical Analysis

The slide continues and even with Twitter representatives visiting Tron offices triggering rumors of potential partnerships, sellers continue to run havoc. So far, Tron leads the collapse shedding six percent in the last day while IOTA is pretty much stable testing the main support line at 90 cents. In any case, we shall wait for better sell entries once there are breaches below key support lines. In other news, Binance is planning on setting up a bank with Malta’s Founders bank and following the steps of Litecoin. We are happy…

EOS, Litecoin (LTC), Stellar, Tron, IOTA Technical Analysis

Fundamentals drive the hype element in altcoins and cryptocurrencies. It’s important to know that because even though it could otherwise pass out as a non-issue, Litecoin acquisition of WEG Bank is supportive of price and some are even linking Litecoin (LTC) revival to that. Regardless, we are still in a bear trend with some coins as IOTA and EOS trading at around strong support points. Let’s have a look at these charts: EOS Technical Analysis EOS Daily Chart by Trading View Thanks to Dawn 4.0, the RAM market definition as…

EOS, Litecoin, Tron, IOTA, Stellar Lumens Technical Analysis

Crypto exchanges-regardless of their database location-are having a rough time with hackers. After several South Korean and Japanese attacks, Bancor got exploited and $12.5 million worth of BNT was used to withdraw ETH. It’s definitely bad press and sellers are spearheading this on-slaughter. So far, it’s double digit losses for EOS, IOTA, Tron and Litecoin. Let’s have a look at these charts: EOS Technical Analysis EOS Daily Chart by Trading View Isn’t it startling to know that Block One realize that they are powerful and actually don’t care about that.…

Ethereum (ETH) Technical Analysis: Sergey Ethereum Mining Surprise

In the last day, Ethereum (ETH) has been on a slide losing three percent rejecting higher highs above $500. Even though we are net bullish, chances are ETH sellers might push lower below $450 triggering our sell trades with targets at $400 and $350. From the News Sergey Brin is the ninth richest man in the world with a net worth of approximately $52 billion. He’s also the co-founder of Google, now Alphabet-a multi-billion dollar company he founded with Larry Page. So, this guy is rich, occupies a position of…