What to expect from altcoins in the next week? Analyze graphs

Date:

2018-11-23 13:45:11

Views:

3457

Rating:

1Like 0Dislike

Share:

What to expect from altcoins in the next week? Analyze graphs Source:

How's the market altcoins? Spoiler: very bad. Investors continue to suffer losses, and the coins were falling below key support levels. The only coin that somehow showed itself last week was Stellar. Other cryptocurrencies are looking for a new bottom in order to begin a new phase of accumulation.

the

EOS

Judging by the day schedule, the EOS will continue to decline in the coming days. Recently, the coin has fallen below the support zone of $ 4, than has provoked a relatively strong plums.

image Source — NewsBTC

In this situation the EOS it is possible to short down to $ 1.5. Here is the main purpose of the bears. Hopes for a rollback yet. Even if it takes place, the asset is unlikely to break the line of 4 dollars, which has now become new resistance.

the

Litecoin

After a couple weeks of flat sellers Litecoin broke above support near $ 50. The price of the asset ran down and currently stands at $ 32.

image Source — NewsBTC

Now a new «bottom» for the coins will be line $ 30. If the fall continues, should keep an eye on the area $ 20. Recommend to refrain from trading Litecoin, as is now likely to begin the next stage of the float.

the

Stellar

In comparison with the rest of the market, XLM can be called «die hard» is the past shock of the fall of Bitcoin is not so much reflected in the coin. Yeah, she fell back to the nearest support, but still retains stability.

image Source — NewsBTC

At the moment I recommend to follow two levels — 30 and 15 cents. If the bears manage to break through the last line, the asset can safely short down to 8 cents. In the coming weeks Stellar will continue to consolidate in the specified bounds.

the

Cardano

During the Malta Summit Blockchain is the founder of Cardano, Charles Hoskinson announced the intention to register a startup IOHK as an American company in the territory of Wyoming. However, this news did not affect the price of cryptocurrency.

image Source — NewsBTC

On 1-day chart, the coin fell below the 7 cents that was a good sign to sell. Now ADA is trading in zone 4 cents and has remained relatively stable at a smaller scale.

the

Monero

Like other coins, Monero is possible to short. In this situation, only the short position will earn money. The next support levels — 50 and $ 30.

image Source — NewsBTC

More promising altcoins, you can always find in our .

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

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 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

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...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

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

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...

Minus the million: how a hacker was hacking other people's phones and stealing cryptocurrency

Minus the million: how a hacker was hacking other people's phones and stealing cryptocurrency

Loss of mobile communication always involves discomfort. However, this can sometimes mean that you have been hacked. October 26, a resident of San Francisco Robert Ross noticed that his phone suddenly lost the signal. In disbelief...

Money here: venture capital investments in the blockchain for 2018 increased by 316 percent

Money here: venture capital investments in the blockchain for 2018 increased by 316 percent

the European venture capital firm Outlier Ventures has prepared a new report called Q3 State of Blockchains. It refers to the activity of venture investors at all stages of financing. For example, for the third quarter of 2018 acc...

The whole truth about the fork: Bitcoin better than Cash for Bitcoin?

The whole truth about the fork: Bitcoin better than Cash for Bitcoin?

did you Know that Bitcoin Cash came from the Bitcoin? That's right — the nodes of the Bitcoin Cash was once part of the blockchain the Bitcoin. Bitcoin Cash (BCH) is a fork (fork, fork) of Bitcoin. They are often confused, which i...

Mining giant Giga Watt — bankrupt. The company kicked out of Washington

Mining giant Giga Watt — bankrupt. The company kicked out of Washington

November 19, one of the largest American mining and blockchain companies filed for bankruptcy. The company argued that she «insolvent and unable to repay the debt». According to court documents, Giga Watt owns assets in ...

First to market: Bakkt explained why bet on Bitcoin

First to market: Bakkt explained why bet on Bitcoin

the User Bakkt recognizes the item and suggests a high demand for digital assets among many people. Because of this cryptocurrency was chosen following a trading tool of the site. However, commencement of trading in Bitcoin future...

How exactly Bitcoin will soar to 500 thousand dollars? Forecast Blockstream CEO

How exactly Bitcoin will soar to 500 thousand dollars? Forecast Blockstream CEO

on Tuesday morning Bitcoin its annual low amid the hype about the possibility of a quick surrender. The BTCC co-founder and brother of the Creator of Litecoin, Bobby Lee made some stuffing information via Twitter. Probably Recalli...

The dump continues: ICO drained the last reserves of Ethereum

The dump continues: ICO drained the last reserves of Ethereum

Last year was very fruitful for CryptoStream, because they were able to accumulate a good amount of Ethereum during the fundraiser. Now it's time to get rid of coins to somehow cover the costs of their existence. Some experts are ...

Fiat is better: bitcoin pay 80 percent less than in the beginning of the year

Fiat is better: bitcoin pay 80 percent less than in the beginning of the year

According to analysts Chainanalysis, the use of Bitcoin in commercial activities were seriously affected because of the bear market. Given the steady drop in cryptocurrency, fewer retail outlets and buyers want to use it as means ...

Go to the end: you still believe in Bitcoin for 15 thousand dollars by the end of the year

Go to the end: you still believe in Bitcoin for 15 thousand dollars by the end of the year

Despite the recent draining of the stock market, the most famous cryptowall with wall street you still believe in Bitcoin for 15 thousand dollars. And do not ever, but strictly by the end of this year, that is almost 40 days. He s...

Analyze graphs: when Ethereum will regain second place on Coinmarketcap?

Analyze graphs: when Ethereum will regain second place on Coinmarketcap?

the Price of Ethereum once again come to the key support level. Only now he's almost a hundred dollars less than a couple of weeks ago. Abroad $ 120 cryptocurrency is waiting for «abyss» — a drop to $ 90 and beyond. To m...

Continue to fall: Bitcoin moving to the level of $ 3,000

Continue to fall: Bitcoin moving to the level of $ 3,000

For the arrival of institutional investors in the industry, we need the green light from financial regulators. Unfortunately, the question of approval of the cryptocurrency ETF postponed indefinitely, and the commencement of tradi...

Who owns the five richest Bitcoin wallets?

Who owns the five richest Bitcoin wallets?

together the five richest addresses at the time of writing become lies 2.75 billion dollars at the rate of BTC at $ 4600. The amount is 3.5 percent of the total number of coins. Not surprisingly, all 5 wallets belong to exchanges,...

Here or tuzanor? Roubini and Weiss fighting again

Here or tuzanor? Roubini and Weiss fighting again

November 16, Nouriel Roubini wrote in Twitter that could gloat about падениz Bitcoin for 10 percent. But according to him, this is just where Bitcoin and the place. The collapse of the stock market spurred a long-standing discord ...

Buying at lower levels: the number of buyers on eToro increased after the fall of Bitcoin

Buying at lower levels: the number of buyers on eToro increased after the fall of Bitcoin

the Latest wave plum like as not frightened off most investors. It turns out that the volume of purchases of the cryptocurrency continues to grow with the fall of Bitcoin prices. This is indicated by the representatives of eToro, ...

Bottom punched, Hasrat Ethereum has fallen to its lowest level in last 9 months

Bottom punched, Hasrat Ethereum has fallen to its lowest level in last 9 months

Mine is not profitable, so miners with relatively high cost of electricity continue to turn off their farms. The result is visible on the chart changes Hasrat cryptocurrency in November it dropped to the lowest level since Februar...

What is the Bitcoin futures? Understand in detail

What is the Bitcoin futures? Understand in detail

While captainvalor and enthusiasts look forward to , we decided to learn more about this important step for mass adoption of cryptocurrency. Kodlari about the same expected launch of futures, a tsunami of institutional capital and...

Fraudsters are selling fake best wallet One. How to distinguish a fake from the original?

Fraudsters are selling fake best wallet One. How to distinguish a fake from the original?

Fresh entry in the official blog dedicated to fakes. How to write staff during the years of activity of the company in their hands were fake devices and similar analogues. But before the amazing happened – is an exact copy of the ...

Acne Buterin: cryptocurrency and Fiat do not compete with each other

Acne Buterin: cryptocurrency and Fiat do not compete with each other

As cryptocurrencies become more widespread, there have been suggestions that over time they will darken Fiat currency from Central banks. However, according to Vitalik Buterin, the current relationship between cryptocurrency and F...