Losses are deep and as price action trend below key support levels, altcoin recovery is a tall order. The only coin that could register gains assuming investors’ expectations are met is XLM. From candlestick arrangements, there seem to be underlying support because XLM/USD sellers are yet to drive prices below 15 cents triggering further draw… Continue reading Altcoin Price Analysis: XLM/USD Resilient As Investors Expect a CoinBase Listing
Category: XMR/USD Price Analysis
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Altcoins Price Analysis: Stellar Temporarily Flips EOS as ADA/USD Bulls Eye 12 cents
Still, altcoins are weathering strong headwinds. Other than bullish ADA/USD and XLM/USD, EOS/USD, XMR/USD pairs are stable while LTC/USD could below $50. Needless to say, we are overly positive expectant of loss reversals following 10 months of consecutive lower lows. Let’s have a look at these charts EOS/USD Price Analysis Carbon USD—CUSD, is officially the… Continue reading Altcoins Price Analysis: Stellar Temporarily Flips EOS as ADA/USD Bulls Eye 12 cents
Altcoin Price Analysis: EOS/USD and LTC/USD Slow Down As Traders Buy Dips
Even if yesterday’s upsides were limited, altcoins are technically bullish and should print higher as the week come to a close. In that case we expect ADA/USD and XLM/USD traders to buy at spot prices with stops at immediate support. As this prints, EOS/USD, LTC/USD and XMR/USD traders should maintain a neutral position until close… Continue reading Altcoin Price Analysis: EOS/USD and LTC/USD Slow Down As Traders Buy Dips
Weekly Altcoin Wrap Up: ADA/USD Lead Price Revival as LTC/USD Reverse Oct 29 Losses
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