There is a clear divergence between fundamentals—Tron Accelerator program, transactions spike and on-chain development and TRX/USD prices. Regardless, dropping prices shouldn’t be defining metrics because fundamentals often lead prices. As such, we expect TRX to rebound back to early this week’s valuation more so if today end up bullish. Latest Tron News A project is… Continue reading Tron Price Analysis: TRX/USD Bulls Likely to Drive Prices Back to 2 Cents
Category: TRX/USD Price Analysis
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Altcoins Price Analysis: XLM/USD Stable While IOT/USD and TRX/USD Tumble
Despite attempts of higher highs, sellers are technically in charge. Today, we expect some resuscitation gifting LTC/USD, TRX/USD, IOT/USD and EOS/USD bears another opportunity to sell even if fundamentals are favorable. While others sink, XLM/USD is relatively stable and up one spot to fifth replacing EOS in the top 5. Let’s have a look at… Continue reading Altcoins Price Analysis: XLM/USD Stable While IOT/USD and TRX/USD Tumble
XLM/USD, ADA/USD Gains Setting Pace for Inevitable Altcoin Price Recovery
Even with ball park +75 percent losses from 2017 highs, the altcoin market is ripe for a reversal as XLM/USD and ADA/USD reject lower lows. Meanwhile, EOS/USD and LTC/USD are near important support levels and today could determine short term price trajectory. Let’s have a look at these charts: EOS/USD Price Analysis Back to back… Continue reading XLM/USD, ADA/USD Gains Setting Pace for Inevitable Altcoin Price Recovery
Altcoins Price Analysis: Every Dip a Buying Opportunity in XLM/USD and ADA/USD
After solid gains, altcoins are slowing down but not bearish. From the chart we can see that ADA/USD and XLM/USD pairs are trending higher within a bullish break out pattern. At the same time, LTC/USD is down while EOS/USD is flat despite release of EOSIO 1.4.0. Lets’ have a look at these charts: EOS Price… Continue reading Altcoins Price Analysis: Every Dip a Buying Opportunity in XLM/USD and ADA/USD
Altcoins Price Analysis: LTC/USD Top Performer as XLM Inch Higher
The altcoin market is back to green with LTC/USD adding six percent in the last 24 hours. At the same time, Stellar trade volumes are quite high as the market remain expectant of a probable listing at CoinBase after BAT expected support. All in all, we expect gains to continue throughout this week. Let’s have… Continue reading Altcoins Price Analysis: LTC/USD Top Performer as XLM Inch Higher
IOT/USD, EOS/USD, XLM/USD, TRX/USD, LTC/USD Register Mild Gains
Overly, most coins are in range mode with the exception of LTC/USD and TRX/USD which are bearish. This is after unexpected losses below $50 and 2.3 cents on Oct 29 igniting sellers. But still, EOS/USD and XLM/USD are holding on with minor losses. All things constant, we shall retain a neutral approach waiting for moves… Continue reading IOT/USD, EOS/USD, XLM/USD, TRX/USD, LTC/USD Register Mild Gains
Cardano (ADA/USD) Shed 18 percent as Bear Momentum Pick up
At the face of bears, Cardano (ADA/USD) pair losses are steep. It’s down 18 percent in the last month as LTC/USD sink deeper into loss making territory despite market building announcements. This divergence between technical candlestick formation and fundamentals could temper prices. But first we need to see strong rejection of lower lows. Let’s have… Continue reading Cardano (ADA/USD) Shed 18 percent as Bear Momentum Pick up