EOS, Cardano, Stellar Lumens, Tron, IOTA Price Analysis

in #steempress6 years ago


A single day of BTC dip was enough to wreck havoc in altcoins valuations. It’s because of that, that most coins under review as EOS, Cardano, Stellar Lumens, Tron and IOTA will end up bearish and likely resume a trip to new 2018 lows throughout this month. The only stand out in this red is Stellar Lumens. Jed MacCaleb’s coin might reject lower lows and print higher more so if buyers reverse Sep 5 losses closing above 25 cents. It even gets better. Recent reports indicate that Australians are accumulating even as sellers step up.

Let’s have a look at these charts:

EOS Price Analysis

From the News

It’s true that in EOSIO, users have to pay for an account—and that’s a deal breaker especially in a platform that wants to go global. Block One through its CTO have been looking for innovative solutions to rid this problem especially now that some block producers have been accused of hoarding network resources. At the moment, Block One is trying to circumvent this by slashing the cost of account creation and offering free 1400B of RAM. Two months ago, Dan had talked of a game changing development to potential bring an end to this. Needless to say, there has been no progress and/or update of the same.

Technical Analysis

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