Archive | alt coin neo

Alt coin Analysis: NEO, EOS, LTC and IOTA

After January 30 rapid slide, alt coin sellers should be a little bit disappointed because there was a general slowdown across most alt coin under our radar. IOTA, LTC and NEO couldn’t muster a close below yesterday’s lows and what we are waiting for is perhaps a confirmation of January 30 depreciation. Bear break-out levels […]

Altcoin Analysis: NEO, EOS, LTC and IOTA

Besides NEO, which is now testing key resistance line in the 4HR chart, IOTA, EOS and LTC are trending lower. Even though I expect LTC to find footing and gain bullish momentum, EOS looks likely to trend lower in the coming days as price action corrects a possible over-valuation following a close above the BB […]

Altcoin Analysis: NEO, STELLAR LUMENS, EOS, LTC and NEM

Other than NEM, the middle BB is acting as a good support line in most altcoins. Because we were expecting Lumens and EOS to appreciate, we can see the big role the middle BB had in shoring prices. I anticipate more buy pressure as the week comes to a close but my main focus will […]

EOS SHORT TERM TREND DEPENDS ON BEAR REACTION AT $12

Besides Lumens-where buyers may found support at $0.43, most alt coins are on a slide. EOS is our focus today and while at it, the significance of $12 should be brought to your attention. If you check the weekly chart, there was an over-valuation after last week’s close and this week might be full of […]

NEO BEARS ARE FADING OUT AS NEM PRICE MORE THAN TRIPLE AFTER WECHAT INTEGRATION TECHNICAL ANALYSIS December 9, 2017

NEO bears are fading out which is encouraging for bulls who are now aiming at $45 after bouncing from the double bottoms and this week’s low. Other than NEO, NEM bears were obliterated after announcement of NEM-WeChat integration which would make it more accessible to chine. Otherwise, all other cryptocurrencies like DASH, IOTA and Monero […]

NEM BEARS CAUSE WILD PRICE SWINGS AS DASH AND MONERO BULLS RECOVER Technical Analysis for December 8, 2017

NEM bears were the talk of the day yesterday coming after a NEM dump on Poloniex exchange. While this caused volatility, we expect the markets to cool down today. IOTA, Monero and DASH bulls look to be recovering and should NEO bulls bounce from $34 as it is now, then they could end up testing […]

MONERO BULLS TEST $300 BEFORE CORRECTING AS IOTA SLOWS TECHNICAL ANALYSIS FOR December 7, 2017

Monero bulls are definitely rally testing for $300 for the first time since launch. As this is a new milestone, correction was inevitable and it did. Concurrently, IOTA slowed down retracing from its recent highs but this was temporary because it bounced off $3.2 to resume trend. Let’s look at the charts: NEM BULLS LOOKING […]

NEM BULLS FOLLOWS IOTA AND MONERO MOVE UP TECHNICAL ANALYSIS 12/6/2017

NEM bulls seem to be on an encouraging path towards $0.36 and while at it, Monero has its mojo back. In the last 24 hours, despite block speed and all technicalities Monero is facing, its price is slowly inching towards $250 first take profit level. Let’s look at the charts: NEM BULLS $0.28 BROKEN NOW […]

OTHER THAN DASH MOST ALT COINS ARE TESTING KEY SUPPORT LEVELS DECEMBER 1, 2017 TECHNICAL ANALYSIS

Compared to other alt coins, DASH has been resilient and is making higher highs. NEO and NEM on the other hand are rebounding from key support levels and should NEO break below that level then it will herald a new phase of bears. On the other hand NEM traders should watch out $0.20 support. Let’s […]

ALT COINS DEPRECIATING AFTER TESTING RECORD HIGHS NOVEMBER 30, 2017 TECHNICAL ANALYSIS

All alt coins are depreciating across the board after testing record highs. Let’s look at the charts: AFTER TESTING SEPTEMBER 12 HIGHS, NEM NOW CORRECTS In the weekly chart, bulls are in charge and that means in lower timeframes like the 4HR chart, buyers should be waiting for buy opportunities to load up their long […]

NEM AND MONERO APPRECIATES AS DASH BEARS DRIVE PRICES LOWER NOVEMBER 29, 2017 TECHNICAL ANALYSIS

Monero and IOTA bulls were on focus yesterday after that strong surge. There were signs of NEM revival after price action broke two levels of resistance and is now trending above the second level of resistance marked at $0.24. At the moment though, bears looks like they are gaining the upper hand against NEO. However, […]

ALT COIN IOTA RALLY WHILE MONERO CONSOLIDATES TECHNICAL ANALYSIS FOR NOVEMBER 28

Other than that IOTA rally, market moves were largely limited with NEM and DASH especially moving within small ranges compared to recent moves. Monero is consolidating horizontally while NEO is still moving inside the bull flag after a fake bull break out. Let’s look at the charts: NEM OSCILLATING WITHIN A $0.01 RANGE All in […]

ALT COIN NEM AND NEO LIKELY TO APPRECIATE NOVEMBER 27 TECHNICAL ANALYSIS

In the coming sessions, NEM and NEO are likely to continue appreciating while IOTA may test main support at $0.63. DASH and Monero rally seems to be rallying and should price action close below key support levels, chances of further devaluation remains high. Let’s look at the charts: NEM BULLS HIT FIRST LEVEL OF RESISTANCE […]

NEM BUY DEMAND IS HIGH WHILE IOTA AND NEO RECOVER ALT COIN TECHNICAL ANALYSIS FOR NOVEMBER 25, 2017

Undoubtedly, NEM buy demand is up after that close above the minor wedge but this is not the only alt coin moving up. NEO and alt coin IOTA recovery is helping boost the alt coin market cap. With BTC topping, their near alternative DASH and Monero will be pumped as we have seen throughout the […]