Stellar Lumens, EOS, Litecoin, Tron, IOTA Price analysis: Morning Star Bull Reverse model Clear in Litecoin, Tron – Inside Bitcoins

This story was shared by this site

The altcoin market is stabilizing and ready to add more 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.

EOS Price Predictions

A three percent drop in the EOS price in the last day did not it's 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 participate, but want to track, watch live on any of these links.

Litecoin Price Predictions

It could be miniscule or even negligible for some, but a three percent gain over the last 24 hours means prices have confirmed the reversal pattern of three bars raised on September 13th.

This means that our Litecoin price forecast is true and goes on, traders can charge current Litecoin prices with a stop at $ 50.

onwards, Litecoin prices are likely to be higher in response to pin 12 of the high volume volume, which means that our first $ 70 targets would probably be affected.

Stellar Lumens Price Analysis

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.

Tron price analysis

Like the rest of the altcoin market, Tron's price is stable by adding a meager 2% in the last day, but encouraging trading 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 huge incentive for the IOTA.

IOTA Price Prediction

If nothing else, yesterday was also nice with IOTA prices leveling 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 do not constitute an investment advice. Trading any form involves risks, as well as your due diligence before making a commercial decision.

The post Stellar Lumens, EOS, Litecoin, Tron, IOTA Price analysis: Morning Star Bull's Reversal Pattern Clear in Litecoin, Tron first appeared on NewsBTC.

[ad_2]Source link