Since the new president took office, markets have been highly volatile, particularly due to the tariff war. This article examines the dynamics of cryptocurrencies Story, EOS, and Litecoin.
Growth Prospects: Story
The Story price remains in a descending parallel channel despite short-term fluctuations. The Bollinger bands have begun to contract, indicating a potential upcoming surge. It is expected to test upper targets at $4.5, $4.8, and $5.
EOS Crossover: Upward Trend
The EOS price has overcome bearish pressures, reclaiming levels above the ascending trend line. An upward trend is anticipated due to the approaching 50/200-day MA crossover. A breakout from the resistance at $0.8 is expected, aiming for $1.
Litecoin: Looming Bearish Clouds
The Litecoin price is flashing significant bearish signals as it tests an ascending trend line. The RSI is declining, as is the Ichimoku cloud, indicating a potential drop below the trend line to the support level of $75. A fall below $60 could attract significant liquidity.
Amidst ongoing economic uncertainty, the cryptocurrency market remains highly volatile, influencing the trends of Story, EOS, and Litecoin.
