Cryptocurrency Tron Coin Slides after Postponement of Super Representative Elections: IOTA, EOS, Tron, Stellar Lumens and Litecoin Technical Analysis Read Below
Altcoins Technical Analysis
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Tron(TRX) Slides after Postponement of Super Representative Elections: IOTA, EOS, Tron, Stellar Lumens and Litecoin Technical Analysis
DALMAS NGETICH | JUNE 27, 2018 | 12:02 AM
Yesterday we were supposed to see the final push and declaration of Tron Independence. But as with all mainnet launches in this space, it’s but a disappointment. Coin migration from Ethereum is still in progress and this mean Tron election of their 27 Super Representatives of super nodes as dPoS demands will be put off for another three to five days. That’s negative and we can see the reaction at the daily chart because Tron is down three percent and there is more room for further downside below 4 cents Now lets see the Chart Below to understand it in a better way
Litecoin analysis :-
After St Lois Fed added Litecoin and three other cryptocurrencies to their research database, Yahoo is following suit and categorizing Litecoin and other coins under their “select Financial Stock” category. This is bullish for cryptocurrency in general and goes on to show how acceptable digital assets are becoming.
Back to the chart and it can’t be clearer. As long as LTC prices are below $90, selling at current prices is my recommendation. The only time we should begin rethinking about our trade strategy is when LTC buyers begin pumping prices above $90 and $110.Before then, sell on every high in lower time frame of your choice.
FOR NOW THIS MUCH ONLY INFORMATION IS AVIALABLE AS SOON AS WE GET MORE UPDATE WILL LET YOU FRIENDS AND COMMENT WHAT YOUR VIEWS REGARDS TO THIS DICISION !