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EOS, ETH, LTC, BNB Altcoin Price Prediction - Pushing Toward the Upward Movement

  • Denys Serhiichuk
    📰 News

    Are there any perspective coins that can grow in correlation to BTC against the rising Bitcoin?

EOS, ETH, LTC, BNB Altcoin Price Prediction - Pushing Toward the Upward Movement
Cover image via www.123rf.com
Contents

While Bitcoin keeps stagnating between $10,000 and $10,500, the top coins are trying to grow against the leading crypto. In this regard, ADA is the top gainer, as its rate has increased by 1.25% over the day in correlation to BTC. However, the dominance rate of Bitcoin has not fallen below 70% and makes up 70.2%.

Top 10 coins by coinstats
Top 10 coins by Coinstats

Let’s compare the key data of Ethereum, EOS, Litecoin, and Binance Coin.

Name

Ticker

Market Cap

Price 

Volume (24h)

Change (24h)

EOS

EOS

$3 457 668 944

0,00035959 BTC

$1 364 552 478

0,18%

Ethereum

ETH

$19 481 080 032

0,01751998 BTC

$5 892 933 673

0,78%

Litecoin

LTC

$4 359 791 674

0,00667838 BTC

$2 341 555 890

-0,30%

Binance Coin

BNB

$3 261 613 666

0,00203175 BTC

$169 358 372

-0,33%

ETH/BTC 

Unlike other coins, Ethereum is showing one of the biggest growth against Bitcoin. Its rate has gone up by around 1% over the last 24 hours.

ETH/BTC 4-hour chart
ETH/BTC chart by TradingView

On the 4H chart, the leading altcoin touched the bottom at the level of 0.016 BTC on September 6. Now ETH is moving within the bullish trend and the nearest support is located at the point of 0.018 BTC. The MACD indicator is about to confirm the upward movement, as the blue line is crossing the red one, which is a signal of a trend change. 

Ethereum is trading at 0.0175 BTC at press time.

EOS/BTC

EOS is looking less positive than ETH against Bitcoin. At press time, its price is loosing 0.66% compared to the yesterday rate.

EOS/BTC 4-hour chart
EOS/BTC chart by TradingView

According to the chart, EOS rocketed by more than 20% just within 2 days. Now, the coin is moving in the descending channel with the closest support at 3400 satoshi. Respectively, that mark is supposed to be achieved until September 20. Thus, the low level of trading volume confirms the ongoing decline.

EOS is trading at 0.00035959 BTC at press time.

LTC/BTC

Litecoin is trading in similar patterns to EOS, however, the situation is more positive for the ’digital silver’. Currently, LTC is located in the red zone in correlation to Bitcoin.

LTC/BTC 4-hour chart
LTC/BTC chart by TradingView

On the 4H chart, LTC has been bearish since September 11 and there are no reasons for a sharp price rise. The lines of MACD neither going up no down, confirming the start of the short-term consolidation period. In this case, the price is likely to locate in the yellow range between the support at 0.0066 BTC and resistance at 0.0068 BTC shortly.

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LTC is trading at 0.00667838 BTC at press time.

BNB/BTC

Binance Coin cannot get out of the bearish mood and has lost about 0.5% over the last day.

BNB/BTC 4-hour chart
BNB/BTC chart by TradingView

Although BNB is trying to growth against BTC, the general picture remains bearish. Even though the trading volume is neither high no low, one cannot think about a trend change until the coin breaks the 0.002045 BTC mark. Currently, sellers have not given up their position and the scenario is bearish.

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BNB is trading at 0.00203270 BTC at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and make predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing & ICO Advisory, ATB Coin, and others.

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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

  • Yuri Molchan
    📰 News

    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Bitcoin Price Likely to Decline to $7,800: Crypto Analyst
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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