After days of lower lows and horizontal consolidation, altcoins are ending the week on a high. ADA/USD is up three percent in the day and could breach key price levels over the weekend. At the same time, LTC/USD bulls did manage to reverse Oct 29 losses while EOS/USD prices could race to $7 if today… Continue reading Weekly Altcoin Wrap Up: ADA/USD Lead Price Revival as LTC/USD Reverse Oct 29 Losses
Category: XLM/USD Price Analysis
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IOT/USD Price Analysis: Altcoins Register Minor Gains, Still Bearish
The stability of altcoins should be another opportunity to sell according to trend definition of Oct 11. Subsequent confirmations of Oct 29 did place the lid on buyers even though prices are leveling out. But, it could get worse if losses print today. On the reverse side a stream of boosting fundamentals could propel pairs… Continue reading IOT/USD Price Analysis: Altcoins Register Minor Gains, Still Bearish
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