[ad_1]
Of all the coins under our radar, EOS, Monero and to some extent Litecoin shows some promises. Not only are the sellers shrugging off, but their weekly movements are decent, while others like Monero are traded above key resistance levels. Overall, bulls are expected to be mainly due to the resurgence of BTC prices and the specific fundamentals of coins such as IBM's Blockchain Wire World that would probably inject bulls on XLM.
Let's take a look at these graphs:
EOS Price Analysis [19659004] EOS Technical Analysis ” width=”1280″ height=”1024″/>
EOS Daily Chart of Trading View
After a wild week in which EOS ended up with the rack 33% and competing with this beautiful three-bar inversion model, the morning star in the weekly chart, we now have three opponents inversion model of the bear bar in the daily chart: the evening star.
The result of yesterday's stroke of luck is a doji candlestick at the resistance level: $ 7 means our conservative conservatives have yet to go live. Now, while prices may rise as the last week bubble momentum pours out, the ideal launch pads should be between 5.5 and 17 August and less support.
The bets would be higher than that if today they end up falling, confirming the fall in prices yesterday. As such it will not be surprising to see the prices test $ 5.5; the level doubles with the Fibonacci retracement level of 38.2% extracted from the lows of August 14th and September 2nd.
Litecoin Price Analysis (LTC)
From the news
Crypto Facilities, the first type trading platform offers a wide range of perpetual term markets for Litecoin and three other high-liquidity currencies, is in direct. The service that will offer a Perpetual Futures available for trading throughout the week and supported by Royal Litecoin is under the supervision of the UK FCA. While many view the futures market as a channel for liquidity, Tom Lee is skeptical of such investment instruments, especially now the BTC futures market has been a complete failure
Technical Analysis
Litecoin Daily Chart of Trading View
Again, the 1st volume of the bull candelabra has a certain importance in our analysis, despite the saturation of the Short Stroee. As expected, LTC prices fluctuate within the same historical minimum as the candlestick, as the historical model often proves correct.
Generally, we remain bullish and therefore the risk that traders can start looking for higher loading positions if there are further retreats to the $ 55 – $ 60 region. So the market would have gained enough momentum to push over $ 70 by canceling our general downtrend position and triggering long conservatives aiming for gains above $ 90.
Stellar Lumens (XLM) Pricing Analysis
From the News [19659018] The new IBM payment solution, Blockchain World Wire is here. Based on the Stellar platform, IBM says the platform is a new "railroad" that simultaneously cancels and regulates cross-border payment almost instantly. This is definitely a move to counter Ripple's xRapid and both solutions argue that the use of XLM would accelerate the movement of value, lower transaction costs and, above all, create customers who aspire to positive customers from traditional SWIFT in Stellar.
Technical analysis
Lumen's daily chart of Trading View Lumens
Lumen's daily chart of Trading View Lumens
If anything, Stellar Lumens's previous business plans are more or less the same. Stellar prices continue to accumulate and clearly put "they are everywhere".
Regardless of this, XLM is still within the confines of that minor support trend line and 25 cents upwards. All things constant and according to our last stellar analysis, we recommend a neutral position on this coin.
Tron price analysis (TRX)
From the news
- Tronix is introducing a new reward calculator for its users [19659020] Technical analysis
Tron daily chart Trading View
Days after the launch of the fastest, best and best version of the Ethereum Version Machine, the super hyped-TVM, the market is still giving TRX its correct assessment. Currently prices are moving horizontally, if not in a tonic but encouraging manner, the low-limit price movements of August 28
Compared to most currencies, we maintain a positive forecast on TRX which provides prices above 3 cents: our level of immediate resistance as the breakout model of the beginning of August is canceled by waves of bulls that point to 4 cents.
However, if a launch and dive were to take place below the lower limit of this bull's flag, we might see a resumption of sales at 1.8 cents or in August.
Monero (XMR) Analysis of prices
From the news
- Monero-Bitcoin, well, it's a headache but a buzz in the cryptic verse after the Economist recommended it for investments. Monero in recent days has traced higher jumps from the margins and has replaced heavy weights as the IOTA in the top 10. However, his modus operandi places him as one of those coins that will probably be "banned" by governments. The secret services are on their case. In any case, it will not prevent citizens of privacy from using Monero's privacy obfuscation feature.
Technical Analysis
Monero Daily Chart by Trading View
A gain of three percent on the last day was enough to push Monero to $ 150, our first level of support. All in all, our analysis is based on the high volume of August 31st, on the wide range of candles that close above $ 100 and on the reversal of losses in August.
Shows bullish intentions and a new momentum found. This means that the trend is increasing. As a result, traders should enter spot prices with a stop at $ 110 and watch $ 150, $ 300
Disclaimer : This is not an investment advice and the views represent that of 39; author. Do your research before making an investment decision.
