Altcoin predictions during this Bitcoin rally; ETH to $300? EOS to $9?

27 May, 2019 | Updated: 27 May, 2019
by Will Heasman
Analysis
Altcoin predictions during this Bitcoin rally; ETH to $300? EOS to $9?

As Bitcoin’s rally cools off somewhat, the crypto community has turned to scope out altcoins and their potential. So what are the traders and analysts of crypto Twitter saying? Here are some altcoin predictions for ETH, XRP, LTC, and EOS... 

We’ve seen some healthy gains, but not the kind of increases we expect from a full-on balls-to-the-wall altseason… so the question remains when alts?

The charts don’t lie and looking at the top 10, a few prime altcoins are looking extremely good to go...

Ethereum (ETH)

ETH is currently sitting at a price of $269 citing an increase of 7.8% in 24 hours:

ETH/USD Chart provided by Tradingview 

According to crypto analyst, Nick cote the next major level of resistance for ETH is around $291, before the #2 reaches, what Cote calls, ‘god tier resistance” at $245-$399:

Another analyst, known as The Cryptomist, looks at ETH’s breakout from a pennant formation on the 4hr, suggesting that another such breakout on the 1hr chart could provide ETH a leg up to $281, followed by $300. The analyst adds that support lies just below at $260, and $256 should any downside occur…

XRP

XRP is currently hovering around $0.41, at an increase of 7.8% on the 24-hour charts:

 XRP/USD Chart provided by Tradingview

Crypto Michael - a popular crypto trader – relays that XRP almost managed to break out of its pennant formation, auguring a move of up to 40% should XRP continue following BTC.

$carface, also looks at XRP, (although is a little less than cordial towards it) suggesting that based on previous pump patterns, the Ripple token could reach near its previous highs, using his chart to allude to a price point of around $1.75 (not bad for a skeptic).

Litecoin (LTC):

LTC is currently citing a price of $116, with a 13.4% increase on the 24-hour charts:

LTC/USD Chart provided by Tradingview

Once again crypto trader Nick Cote steps up to the mark, this time taking a look at LTC, and offering a projection of around $170 - $180

Another analyst known as Nikadesh, states that LTC is currently testing resistance around $115 (which at the time of writing, it appears to have conquered). Provided LTC can hold above this level, the analyst suggests that $147 could be visited next.

EOS

EOS is currently citing a price of $7.29 up 13.7% in the past 24 hours:

EOS/USD Chart provided by Tradingview

Similarly to many other cryptocurrencies today, EOS appears to have broken through its pennant formation on the upside, with analyst Satoshi Flipper believing that EOS “has a lot more to go.”

According to the aptly named Ctrl+Alts+Del, EOS has broken its horizontal resistance, with the trader predicting that EOS could run has high as $9…

So, there we have it, some interesting predictions on some of the bigger altcoins in the game.

What’s your money on? Can any of these go higher? Or will we see some kind of correction in the near future? Let us know your thoughts in the comments

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