As expected, altcoin prices are slowing down after periods of bullish attempts sustained in the second half of last week. In this way, sellers are running the kingdom in most of the coins under our preview. Needless to say, the week ending September 9th and September 5th the bearish engulfing model is a decidedly humid price for buyers. All in all, if prices exceeds $ 9 in EOS, $ 70 in Litecoin, 25 cents in Stellar Lumens and $ 150 in Monero, then we will have a pattern of continuation of the trend. In this case, our immediate bull goals could be affected.
Let's take a look at these graphs:
EOS Price Analysis
Latest EOS News
- That the development of blockchain is still under development is understandable. However, it is not acceptable to justify an apology with such statements. This at least is not from an average investor who buys and holds the token in the hope of a better return. Trybe is getting a backlash, speculating that the EOSIO network after all could have back-doors that allow token issuers to access users' accounts and do what they see fit. It is the mutability factor present in EOS and voted in such a way as to improve the "governance" and "supervision" of the rogue elements that can hinder investments in EOS and their dApp since it is certainly a cause for concern.
EOS Price Prediction
Again, EOS is the fifth most capitalized currency of the crypto verse and yesterday prices were stable. Capping's gain is September 13 with a bullish swallowing bar with evident resistance that triggered purchases at the end of last week.
If ever, the fact that EOS prices would collapse after periods of shifting within narrow trading ranges with a $ 5.5 ceiling has wiped out the latest EOS price forecasts.
In addition, unless there are strong gains beyond the reversal of losses on September 5, yesterday's decline is just another case of effort over the press of the results in a deep trend and weighting with buyers EOS.