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The altcoin market is stabilizing and should be added on weekends due to specific candle formations in EOS, Litecoin, IOTA and Tron. This is on top of the news of favorable altcoin that continues to flow. Of all the coins under our review, the price of Stellar Lumens is slow to rise and still below 25 cents. However, the general shift in momentum could help push up prices towards short- and medium-term profitability.
Let's take a look at these graphs:
EOS Price Analysis
Latest EOS News
- Through a blog post, EOSFinex, the DEX that will run on EOSIO blockchain will be launched live during the Blockchain Live event on September 26th in London. The DEX platform states that their network is based on speed and performance. Initially, it will have to list all major trading pairs as EOS / USD trading pairs before expanding into tokens.
#EOSFinex will be presented live at London's Blockchain Live on September 26th. Https://t.co/NR8sZuxq9l
– EOS New York (@eosnewyork) 13 September 2018
EOS Price Predictions
Daily quotation EOS Chart by Trading View [19659011] A three percent drop of the EOS price in the last day is not new and usually happens after periods of high volatility. On 13 September, in the face of high market participation, EOS prices rose by $ 5 and placed the EOS currency for further gains.
It was predicted for yesterday, but a lower time consolidation meant that the previous EOS price analysis remains
Regardless of this, keep in mind that any bending below $ 4 will cancel the EOS price forecast while any push and closing higher than $ 7 probably would probably introduce a wave of buyers aiming for $ 9 and even $ 15.
Litecoin price analysis
Last news of Litecoin
- The summit of Litecoin is underway and it will end later today. For those who could not attend but want to keep track, watch live in one of these links.
Litecoin Price Predictions
Daily Litecoin Price Chart for Trading View
It could be tiny or even negligible for some, but a three percent gain in the last 24 hours means prices have confirmed the inversion model of three bars raised on September 13th.
This means that our latest Litecoin price forecast is true and goes on, traders can charge current Litecoin prices with a stop at $ 50.
Going forward, Litecoin's prices are likely to be higher in response to pin 12 of the high volume, which means that our first $ 70 goals would most likely be affected.
Analysis of Starlight Prices
Chart of Prices of Starlight Luminaires for Trading View
Even after series of higher highs, XLM prices are still trending in the 11 September bullish bar. Nonetheless, we maintain a bullish expectation despite yesterday's four percent price drop and the failure of XLM buyers to push prices towards our immediate trend line and 25 cents, the main resistance line.
Considering this interim consolidation, our previous Stellar Lumens pricing forecast remains valid and, unless there are XLM news promoting the market, buyers have an advantage. Any drop and closing below 18 cents will cancel this price projection
Tron price analysis
Tron daily price chart for trading
Like the rest of the altcoin market , Tron's price is stable, adding a meager 2% in the last day, but encouraging encouraging above yesterday's highs. Although it can deflate after periods of strong sales of Tron, yesterday's resistance to higher highs is normal following high-volume moves on 12 September.
However, since the three-bar bullish inversion model is now complete, we will trade according to our latest Tron price analysis. In this case, we recommend purchases of small volumes at spot rates with arrests of 1.6 cents and targets of 3 cents or more.
On the back, we remain aware that any dampening of the Tron news market could accelerate the reversal of earnings. This will likely bring prices to the January 24 lows in line with our latest Tron price analysis.
IOTA price analysis
Last news IOTA
- GE Ventures, the Venture Capital arm of Behemoth technology, General Electric gave a presentation at the Hannover trade shows in USA. At the event they demonstrated the demonstration of the concept using the tangle of IOTA for the industrial application of IoT. The entry, or even the intention to enter, of a business that benefits from $ 160 billion in revenue should be a strong impetus for the IOTA.
Our director @jochenrenz will present 3 times today @HannoverMesseUS in the Solution Theater. 1) DLT in New Mobility 2) IOTA at the Pitch Showcase presented by GE Ventures & @sente_link and 3) DLT in IIoT #IOTA #dlt #iiot [19659002] – New Mobility Lab (@newmobilitylab) 13 September 2018
IOTA Price Prediction
Daily IOTA Price Chart for Trading View
If something, yesterday was fairly uniform with the IOTA prices that level off each other. However, IOTA prices have increased by an inch more than 2% by yesterday's close.
While we have not seen strong closures in excess of 60 cents that trigger small purchases in line with our IOTA price predictions, it is likely that we could see buyers challenging that level by the end of the week.
When this happens, we will start IOTA purchases on each pickup. The first targets will be at the latest on September 5th and after 90 cents.
On the other side of the coin, any displacement of momentum that will see prices fall below 50 cents would introduce sellers to observe 30 cents.
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.
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