Analysis Editor's Picks

EOS, XLM, ADA, IOTA. Technical analysis and forecast rate for November 28-29 2018

The next few hours we should expect a price correction altcoins after their rapid growth during the last two trading sessions.


On the background of a General market recovery EOS have overcome the resistance of the sales at the key level of $3,1202. Resistance session the pair EOS/USD met the dynamic level line moving average EMA30 with the current value of $3,3132.

At the time of market analysis the token EOS quoted the U.S. dollar at $3,2200. It is obvious that the correction has begun a local retracement EOS and its decrease is expected to the support level of $3,1202.

28 ноября EOSUSD H4
28 Nov EOSUSD H4

There is a possibility of deeper declines in EOS/USD, as on the four-hour chart of the pair with the RSI14 indicator has formed a bearish divergence, giving the market a step-down signal.

Sale EOS recommended from the current price level with targets of $3,1200 and $3,0190.


Stellar 25 November found support for the first key support level of $0,1398. During the current trading session the pair XLM/USD posted a daily high prices $0,1650 while overcoming the resistance at the dynamic level, $0,1606.

At the time of the review market is trading at a Stellar $0,1608. The price of cryptocurrency is likely to continue to decline within the local correction of the uptrend.

28 ноября XLMUSD H4
28 Nov XLMUSD H4

On the four-hour chart XLM/USD with a RSI14 indicator remains bearish divergence. Temporary support price, the bulls will generate probably $0,1545.

The Stellar sales are the breakdown of the $0,1545 with order $0,1475 and $0,14,20.


At the time of the review of the market of the Cardano is trading at $0,0407. Session high price of the cryptocurrency is fixed at $0,0417.

A few ADA/USD support EMA14 moving average with the current value on the price scale, the four-hour schedule – $0,0396. In the case of the price adjustment, it is expected that the decrease will reach to the next support level of $0,0396.

28 ноября ADAUSD H4
28 Nov ADAUSD H4

Data of the relative strength index RSI14 point to strengthening the position of buyers. RSI value in the purchase line indicator directed upwards.

In the case of a price increase Cardano on a strong pulse are recommended on the rebound of the quotes from the pivot at $0,0446.


IOTA during the current trading session demonstrating the highest growth among the ten largest crypto-currencies. Sessional maximum price IOTA fixed at $0,3099. At the time of the review of the market the pair listed at $0,3030.

28 ноября IOTAUSD H4

It is expected that in the case of the correction of localized upward movement of the pair the price drops to a dynamic level of support from the moving average EMA30 with the current value of $0,2920.

Sale IOTA be useful to consider in the short term, the rebound rates from the level of a trend reversal at $0,3175.

Trading recommendations are not a reference to action. Following the recommendations, you assume all associated risk of loss.


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