Technical Analysis: EOS, Litecoin, and Tron Technical Analysis

There have been some corrections in the values of some digital currencies, but with the events of yesterday, chances are buyers of altcoin would continue to increase their long holding. Tron, EOS, and Litecoin are seeing some positive gains, and listed below are their technical analysis.

Technical Analysis of EOS

A lot of people were saying EOS does not have a working product, and after the Mainnet launch of EOS, those people can keep their opinions to themselves. EOSIO v1.0 is a working product and a lot of stakeholders are showing interest in it, expect a lot of decentralized application projects to be built on their platform.

TRON Price Today: Current Price of TRX

Crypto Currency Price24H Changes
Bitcoin (BTC)

On the charts of the digital currency, the values of EOS are still trending in a strong engulfing candlestick. Most especially after the candlestick of yesterday, buyers are rejecting lower prices, and there are strong buys on the 4-hour chart of the coin.

Technical Analysis of Litecoin

In line with the recent analysis, trade plan is quite simple. There will be more buys if and only if the prices of Litecoin closes above the $130 mark. Conversely, the bullish projection would be invalid if the sellers break beneath the $110 level.

Judging from potential long-covering and the price action of yesterday, the value of the digital currency might end up finding support today.

Technical Analysis of Tron

No doubt, the FX market is one of the world’s largest markets and that is where Tron (TRX) wants its coin to trade at. To achieve this, the team behind the digital currency is partnering with Shift Market – a platform that offers various backend and frontend solutions to entities that want to open brokerage services.

On the charts of the digital currency, the bearish shadow of the 28th of May still plays a vital role in the value of the coin. Prices are still moving in a 2.5 cents consolidation with lows at the 5.5 cents mark.


Legal Disclaimer: The content of this website ( is intended to convey general information only. This website does not provide legal, investment, tax, etc advice. You should not treat any information on as a call to make any particular decision regarding cryptocurrency usage, legal matters, investments, taxes, cryptocurrency mining, exchange usage, wallet usage, initial coin offerings (ICO), etc. We strongly suggest seeking advice from your own financial, investment, tax, or legal adviser. Neither nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from

SEE ALSO:   Cryptocurrency Ratings: Ethereum and EOS (B), Steem, Neo and Cardano (B-), Bitcoin, Dash and Litecoin (C+), Monero and Ripple (C), Bitcoin Cash (C-) / Digital Currency Ratings -Cryptocurrency Today

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get Smart About Crypto!

Promise we won’t spam you!

We Are Hiring

Click here if you would like to join one of the fastest growing blockchain news companies in the world!