Category Archives: Altcoin Analysis

EOS (EOS) Drops To Range Low After Sharp Rejection, Looks Uncertain

EOS (EOS) has returned to the support area of a horizontal range. There are no definite bullish reversal signs in place. EOS has been moving upwards since June 18. After initially being rejected by a descending resistance line and the $1.40 horizontal resistance area, the price managed to break out on Aug 11. It proceeded… Read More »

Is Ethereum Classic (ETC) Set to Break out From Long-Term Resistance?

Ethereum Classic (ETC) is trading inside bullish long- and short-term patterns. Still, technical indicators do not paint a bullish picture.  ETC has been falling since reaching an all-time high price of $179 in May 2021. Since later that month, it has been trading inside a descending wedge, which is considered a bullish reversal pattern. Therefore,… Read More »