Altcoins are preparing for bullrun. It is time to buy?
Source:Overall, traders are quite optimistic predictions about the future of altcoins. Most market players expect the break of the key resistance lines to trade dollar pairs with EOS, LTC and ADA. This view coincides with the positive fundamental factors. Recall that in the case of the approval of the ETF on Bitcoin is already there , and marketplace Bakkt to launch futures for cash on December 12.
theEOS
The scale weekly and 1-day chart EOS is trading in a fairly narrow horizontal channel. Coin, no doubt, is in the process of accumulation.
image Source — NewsBTC
If you want to invest in EOS for a long time, asset you can buy at the market price. More conservative traders are recommended to wait for the increase above $ 7 for the formation of a clear uptrend.
theOver the past week, Litecoin fell nearly 4 percent. However, in the scale 1-daily chart, the asset behaves quite stable. The coin fell below the key support level, so that the expectations for growth are still preserved.
image Source — NewsBTC
If you lay the Fibonacci levels based on previous wave draining, see quite a strong support area coins at current levels. However, for steady growth Lidoine still need to break above $ 70.
theStellar
XLM there is good news — recently an Australian company Novatti Group announced the creation of a new stablon on the basis of the blockchain Stellar.
A new stablecoin is launching on stellar blockchain designed to hold its value with the Australian dollar (AUD) Novatti Group, an Australian online payments processor, will issue the Novatti AUD Utility Token beginning November 19. token will be backed 1-for-1 AUD held in trust
— Evin Enry (@TulliiLLC)
The Cryptocurrency has become one of the most profitable investments last week. At least she didn't fall, and even increased by as much as 4 percent. Scale 1-daily chart Stellar is in the process of accumulation.
image Source — NewsBTC
The Asset is also within the boundaries of the horizontal channel with the nearest strong support on the line 20 cents. If the situation on the stock market in the coming weeks will not change, it is recommended to open long when above 30 cents.
theCardano
The Founder of the platform, Charles Hoskinson announced support for ADA in a hardware wallet best wallet. The news soon should have a positive impact on the price Aldona.
is to support & . Now that's value.
— Jan Hospes (@hospesj)
The Situation in cryptocurrency chart also looks promising. A drop of at least 95 percent for 2018 can only mean that Cardano finally found its bottom.
image Source — NewsBTC
Asset is still in the local downtrend, but it can't last forever. After crossing the level of 9 cents ADA has the potential for strong growth up to 12 cents.
theMonero
The XMR's on thin ice — the cryptocurrency is trading just above the important psychological support level of $ 100. A move below will give strength to the bears to continue the downtrend down to $ 75.
image Source — NewsBTC
At the moment we recommend you not to get involved in trading Monero. Have Aldona while there are no serious prerequisites for the formation of a global bullrun.
The Analysis of graphs carried in . All the most successful traders are going in our .
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
Quarterly report AMD's demand for GPU mining drops
according to the report for the third quarter of 2018, said the increase in revenues to $ 1.65 billion. This is 4 percent more than last year. However, the company is expected to earn 1.7 billion. The decrease in profit is due to ...
Sometimes, your reward for found block of the cryptocurrency or less than usual or not at all. It is interesting to understand the mining and understand why this is happening? Well, this article is about, only the first read . PS...
Why the SEC will approve the Bitcoin ETF from VanEck in 2019? 5 reasons for confidence
Representatives of SolidX, VanEck and the CBOE held a meeting with the Commissioner of the SEC by Elad Roizman. They discussed the main reasons why the SEC should approve the Bitcoin ETF from VanEck, and SolidX. The new York inves...
Capitalization of cryptocurrencies gain 5 thousand percent. When?
At sunset of the first decade of Bitcoin a look back and fantasize about what will bring the next ten years. CEO global financial consultancy firm deVere Group claims that the total market capitalization of crypto-currencies until...
Tether burned 500 million USDT. What happened?
Yesterday the company, which is responsible for the release of the main stablein of the stock market, announced on Twitter on burning 500 million tokens USDT. Earlier, these coins were stored in the so-called «Treasury Tether...
How much will it cost Bitcoin by the end of this year? Expert opinion
in 2018 will end at around 22 thousand dollars for Bitcoin. At least in this analyst believes Fundstrat Global Investors Tom Lee. It turns out that the main cryptocurrencies, there is still remarkable potential for growth, but the...
The crypt for the metal: "Nornikel" will release its own stablon
the President of the company Vladimir Potanin expects to capture his share of the stock market. Head «Norilsk Nickel» announced plans to release stablein, which will be tied to industrial goods (metals) plant. According ...
Bitcoin Diamond adds to the Bithumb. Coin grew by 15 percent
the stock market is still very little activity. Without the need to constantly look at the charts of cryptocurrencies don't need, attention you deserve from the pampas of individual coins. Capitalization is still in the area 210 b...
When Bitcoin will finally budge? Look at the graphics
Bitcoin is still trying to break out of the downtrend. In recent days the stock market is little changed, the main cryptocurrency isn't moving from one point. This is due to the catastrophic volatility digital assets lost most of ...
Bad advice: the three most common mistakes beginners in the stock market
In the industry of cryptocurrency to rely on words more «experienced» investors simultaneously risky and rewarding. Some of their tips really can save and multiply your money, while others will cause full loss of Deposit...
HTC released the first smartphone on the blockchain. You can buy only for cryptocurrencies
HTC is still trying to fight for a place in the market. Now the company has decided to climb on the hype and released a blockchain smartphone. Remarkably, you can buy it only or ETH. Model Exodus 1 integrated with bloccano and is ...
The expert described the main condition under which Bitcoin will rise to a million dollars
Director-General's recent Money Button Ryan X Charles has posted a video where he shared his views on the current situation . He explained that the real value of the coin – the development of the financial system, which will offer...
The moon to be: representatives VanEck stated that the conditions for approval for a Bitcoin ETF
In the case of the adoption of the cryptocurrency exchange traded Fund, there are new details. One of the companies whose application was rejected by the ETF to the SEC, initiated a meeting with representatives of the financial re...
Twitter blocked Elon musk after the mention of cryptocurrency. What's the matter?
Twitter mistakenly blocked the account Elon musk — the billionaire founder of SpaceX and Tesla offered to subscribers to buy bitcoins. He covertly offered to the subscriber to purchase in response to the question, how soon in the ...
Easier and faster to exchange bitcoin directly in your wallet best wallet
Last update hardware wallet Model T from best wallet includes the possibility of sharing crypt right in the interface. Now users do not need to withdraw coins from wallet to exchange to convert to another Aldon. The representative...
The Bank of Japan: digital currency from the Central Bank is not the best idea
According to the New York Times, the Deputy Governor of the Bank of Japan (BOJ) Masayoshi Amamiya confirmed a negative stance against digital currencies from Central Banks. Speaking at the meeting in Nagoya, Amamiya expressed doub...
Hacked cold storage Trade.io. Hackers stole 7.8 million dollars
According to the security service of the Swiss stock exchange Trade.io, the platform promised to attack on Sunday. It was about the wallet that was supposedly safely protected and stored tokens TIO. In the end, the vault of the ex...
When altcoins will come out of "hibernation" and will fly up? Response graphs
most of the altcoins are still unsuccessfully trying to resist growing pressure from the bears. And although the top coins like remain stable, the likelihood of a new wave drain is still high. From today's collections of coins the...
Comments (0)
This article has no comment, be the first!