Altcoins are preparing for bullrun. It is time to buy?

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 progress, and marketplace Bakkt is preparing to launch futures for cash on 12 December.

EOS

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.

Litecoin

Over 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 the hope for growth remains.

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.

Stellar

At XLM, good news — recently an Australian company Novatti Group announced the creation of a new stablon on the basis of the blockchain Stellar.

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-day Stellar graphics is under 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.

Cardano

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.

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

The 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.

Monero

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 until $ 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 the Platform. All the most successful traders are going in our cryptodata.

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