Analysis Editor's Picks

EOS, XLM, ADA, IOTA. Technical analysis and forecast of the course for January 26-27, 2019

Until the end of the current week, dramatic changes in the alternative cryptocurrency markets are not expected.


Since January 22, the EOS token is trading above the $ 2.4100 pivot with the dynamic level support that cryptocurrency buyers created on the EMA30 moving average line with the current value of $ 2.4646. At the time of the market review, the EOS / USD pair is quoted at $ 2.4710 above the dynamic support level.

The sessional maximum of the EOS price was fixed at $ 2.5423, the second for the current week of an attempt by bulls to break through sales resistance at a key level of $ 2.5310. The retest of resistance, as indicated by the length of the upper shadow of the four-hour candle, confirmed the consolidation of large volumes of cryptoactive assets for sale above the designated level.

January 26 EOSUSD H4
January 26 EOSUSD H4

At the moment, the bears control the price of cryptocurrencies and in case of a breakdown of support in the area of $ 2.4640, sellers in a short period of time will reach the goal at the pivot level. Testing this level will demonstrate how strong the support for the EOS price is at the level of a short-term trend reversal.


In the first hours of the current session, with a gap in quotes, the price of Stellar overcame sales resistance at a key level of $ 0.1030. The session high of the Stellar price was fixed at $ 0.1054.

At the time of market analysis, the XLM / USD pair is quoted at $ 0.1020. The nature of the price movement indicates a lack of support from buyers, and before the end of the day trading, the pair’s quotes should be expected to drop to at least the second key support level of $ 0.1000.

January 26 XLMUSD H4
January 26 XLMUSD H4

The relative strength index data confirms the advantage of bears in the Stellar market: the value of the index is in the area of sales, the RSI14 line is directed down to the border of the oversold area.


The current surge in prices on the Cardano market looks like a “scheduled” growth in the flat market model. From the four-hour chart of the ADA / USD pair, it is obvious that the bears control the price of cryptocurrency above the $ 0.0440 pivot, which did not allow buyers to exceed the local maximums of January 22-23 in the price range of $ 0.0450.

At the time of the market review, the ADA / USD pair is trading at $ 0.0435. The data of technical indicators indicate the growth of purchases Cardano. Bulls demonstrate a willingness to maintain a price above the two-week level of $ 0.0426.

January 26 ADAUSD H4
January 26 ADAUSD H4

The fact that buyers have sufficient volumes to keep the price above the indicated level is confirmed by the relative strength index data: the index value remains above the neutral level on the indicator chart, the RSI14 line tends to turn up from the neutral level.


From January 23, the IOTA price steadily declined towards a correction level of 61.8% – $ 0.2841. At the time of the market review, IOTA / USD is listed at $ 0.2860.

Pressure on the price of cryptocurrency has a moving average EMA30 with the current value on the price scale of the four-hour chart – $ 0.2963.

January 26 IOTAUSD H4
January 26 IOTAUSD H4

The relative strength index values are in the oversold area of the market. The formation of a bullish divergence on the four-hour chart with the RSI indicator indicates the probability of price rebound from the support level of $ 0.2841.

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