Undoubtedly, the altcoins are under enormous pressure. Spreading this is the increase of the Bitcoin domain to over 55% showing investors shifting their capital from altcoins to Bitcoin. All in all, exciting developments in EOS, are ready to unveil new dApps, should point prices while an overwhelming analysis of Tushar Jain, the director of Multicoin, could trigger new criticism on Litecoin and Charlie Lee that further dampen prices.
a look at these charts:
EOS Price Analysis
Latest EOS News
- According to IMEOS reports, EOS-Brendan CEO Blumer said that Block One will present a series of dApp shortly after the conclusion of Blockchain Live scheduled for September 26th. During the event sponsored by Block One, several high-profile apps will be revealed to the public with applications in finance, music and transport.
- Bancor, the Ethereum-based DEX that allows users to exchange their ERC-20 tokens without exchanges, plans to bring the same functionality into EOS. The project, BancorX will also allow traders to exchange EOS with Ethereum tokens. Citing speed and low cost in the EOSIO blockchain, BancorX will act as a cross-chain liquidity pool whose smart contracts would be open source and available for beta testing.
EOS Price Prediction
Often after periods of extreme volatility, as we saw on September 17, prices tend to shrink, fading the direction of escape before reassembling back in line just like what happened yesterday. As visible, prices move within narrow ranges but, above all, EOS is stable and up 3%, but needless to say that our last breakout is still valid.
It also means that our previous EOS price analysis is now void as sellers set their sights on $ 4.5 and $ 4 violation in the coming days. With this, we advise you to step out of our long and previous EOS and to exchange the volume with the high volume that surrounds the candelabra and that invites you to take shorts when there is a signal worthy of sale preferably in shorter periods of time.
At the moment, we do not have such signals and therefore recommend to assume a neutral position until after there are strong losses below $ 4.5 and $ 4
On the other hand, if buyers are based on Yesterday's profit margins higher than $ 5.5, then EOS could also recover towards $ 7. [19659003] Litecoin price analysis
Latest news from Litecoin
- A recent blog post by Tushar Jain, MD of Crypto Hedge Fund Multicoin Capital, does not refer only to Litecoin as a "pre-smart contract relic" but said it is "significantly overvalued". And with this the fund is short Litecoin also to the current valuation. His arguments revolve around the fact that Litecoin's quotation came at a time when the founder, Charlie Lee, worked at CoinBase. Moreover, the only thing that is proposing its price is "obsolete narratives". He went on to say that the only reason Charlie Lee went on to create Litecoin was his need to extract profit from an altcoin without investing in mining equipment and his LTC landfill at the start of this year. 39; year is only a massive red flag.
Litecoin Price Prediction [19659018] Litecoin Price Analysis ” width=”1280″ height=”1024″/>
At current prices, Litecoin is stable and encouraging, Litecoin's prices are higher than $ 50, the our main support line.
To synchronize with our previous Litecoin price analysis, we need bears to close below $ 50 before starting shorts with targets at $ 30 in the direction set by September 5 and confirmed by September 17th.
Otherwise, a rebirth that pushes LTC prices above $ 65 and $ 70 would undoubtedly constitute
Starlight price analysis
As previous stellar business plans, prices fluctuate within narrow commercial ranges with bull roofs at 25 cents.
This is despite the four percent gain yesterday on the last day. To reiterate, the only time traders should start trading is when XLM prices fall below 18 cents – 20 cents of support zone or when they explode over 25 cents that trigger Stellar purchases Lumens on every collection.
Immediate objectives in both cases to be 8 cents on the negative side and 50 cents on the upside.
Cardano price analysis
Latest news from Cardano
- The development of the "theoretical" cardan is slow. However, the fact is that once the development team implements all their ideas, ADA could unleash itself and even usurp as an intelligent bargaining platform. At the moment though, all eyes are on Shelly.
Cardano Price Prediction
September 17 candlestick confirmed our general commercial plan of Cardano. As can be seen from the graphs, not only prices fall below 7 cents but yesterday's failure to recover previous losses means that the bulls of ADA are weak even if they have increased by 5% in the last day .
at a lower time as per our previous recommendation. The mounting stops will be at 8 cents and without bear targets as we let the trade run.
Any peak above 8 cents automatically cancels this Cardano price projection by inaugurating bulls.
Monero Price Analysis
Monero is finding support right on the trend line of the support and has not yet managed to close and close below $ 100. Supporting our bearish projection is a clear price depreciation over the last two months, so far, the recent high-volume candle on September 17, which rejected earnings above $ 120, cemented this vision. [19659002] This move confirms the sales pressure evident in the candlestick of September 5. After all, on September 5, bar is another model of inversion and a reference to the underlying trend.
Even though yesterday it was a bit bullish. with the influx of buying positions, we remain skeptical about the Monero long when there will be no increases above September 15th at $ 120. Next, we can cancel the bear projection and encourage risk purchases on purchases with the first targets at $ 150.
Disclaimer : The opinions and opinions expressed are those of the author and are not investment advice. Trading any form involves risks, as well as your due diligence before making a commercial decision.