Litecoin (LTC) Technical Analysis: Litecoin Mass Adoption a Priority, Not Price

Superseding everything else is mass adoption and that is what Litecoin figure heads and Foundation is pushing for. Currently price isn’t center stage, coin demand is and for obvious reasons: the later precedes value. While we might see short term recoveries edging prices towards $70, our break out levels, news of adoption break through or announcement of strategic partnerships aside from CoinBase efforts might ignite a wave of loss reversals with first targets at $110, the upper limit of our former trade range. From the News Whether Litecoin is undervalued…

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

On a positive note, altcoins are stabilizing near our historical reversal drops—90 percent down from 2017-18 peaks. For now, we recommend taking a neutral to bullish stance especially in Litecoin, Stellar Lumens—retesting a monthly support trend line, IOTA and EOS. Fundamentally, TRX might get a boost but that’s largely dependent on the reception of their virtual machine launch. Let’s have a look at these charts: EOS Technical Analysis EOS Daily Chart by Trading View By adding three percent, EOS prices remains relatively unchanged oscillating within our previous $1 trade range…

Bitcoin Cash (BCH) Price Technical Analysis: Sellers Reversing 2017 Gains

On a weekly basis, Bitcoin Cash is stable shedding less than one percent all due to higher highs attempts by end of last week. Though there were expectations of a price follow through, it appears as if sellers are having the upper hand. Bears are likely to reverse those gains and edge towards $300 regardless of the technical developments and scheduled hard fork of Nov 15. From the News 97 days after forking in May 15, Bitcoin ABC, the development team behind Bitcoin Cash “peer to peer electronic payment system”…

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

Days after the Chinese CCID said EOS top the charts on matters technology, applicability and innovation, the Chinese government went ahead and outlawed cryptocurrencies and related business. This caught the market off guard and though there are no wild price swings, we might see lower lows today as investors try to digest on how this would affect their coin holdings. As that happens, EOS, Litecoin, Stellar Lumens and IOTA continue to clip last week’s bullish attempts. Simply put, all coins in the top 10 are in the negative territory reversing…

XRP Technical Analysis: Ripple’s CTO David Schwartz A Proud Bitcoin Hodler

Fundamentally, XRP prices should to be skyrocketing and there are hints of that because on a weekly basis, XRP is up 26 percent. However, when we take a closer look in the daily chart, it appears as if sellers are still in charge rebuffing bullish attempts above 35 cents and even 40 cents, our main resistance line. In any case, news of Ripple product merger would go a long way in boosting prices especially now that testing of xRapid has been a success, From the News Three high liquid and…

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

All in all, traders and investors are optimistic of a morale boosting recovery in altcoins price. Nonetheless, for that to happen then we must see strides as EOS, Litecoin and Tron buyers build up enough momentum for further higher highs past last week’s highs. IOTA and Stellar Lumens bulls might spear head this recovery on condition that today close as a bull as prices trade above 60 cents and that horizontal range along 22 cents. Let’s have a look at these charts: EOS Technical Analysis EOS Daily Chart by Trading…

Bitcoin Technical Analysis

Bitcoin ETFs is not yet a yes from the main US regulator, the SEC. However, as things stand, there is Bitcoin Tracker One and though it is tradable via broker’s OTC market, investors can now invest their USDs in Bitcoin. Nevertheless, technical are not that positive and still oscillating inside a descending triangle with triggers at $6,800 on the upside and $5,800—the base of our triangle to the downside. Since prices are in between, we consider taking a neutral approach. From the News Bitcoin Exchange Traded Funds or ETFs are…

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

Apart from IOTA which on paper seems to be outperforming peers adding 15 percent in the last days, other coins as Tron, Litecoin and Stellar Lumens are up roughly two percent on average. Of all coins though, Stellar Lumens (XLM) is the most stable as they consolidate horizontally along our previous buy trigger line at 22 cents. On the other hand, Litecoin, EOS and Tron prices are still oscillating inside Aug 17 high lows but are likely to follow through and retest immediate resistance lines at $70, $7 and 2.5…

Cardano (ADA) Price Technical Analysis

After Prometheus, there is Yoroi and Icarus. Both of these wallets are light weight and hallmark Cardano’s projects that would ultimately push the coin towards adoption. However, shadowing this are Cardano (ADA) sellers who despite slowing down are still on the forefront targeting ATLs at 7 cents. From the News Emurgo is a Japanese company headed by the visionary Ken Kodama, the CEO and co-founder of the Cardano platform. As the business development wing of Cardano, Emurgo has clear objectives. Among the many, their work involves offering support and incubating…

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

Even as bears fatten, there is some good news for Stellar Lumens holders. It is now the fifth largest coin by market capitalization and the most stable coin in the last week shedding 13 percent. This is definitely a huge boost for coin holders and as more mainstream companies eye the efficient platform, we might see price rejuvenation above key resistance points helping drag other coins as Litecoin, IOTA and even TRX which is literally heading towards its ATLs. Let’s have a look at these charts: EOS Technical Analysis From…