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Weekly Price Forecast of Bitcoin, Tron, Litecoin and EOS

Bitcoin’s present trading value is 3870 in comparison to the US Dollar that is traded along the total market cap of $68,025,592,482. Regardless of the current market shoot down regular trading values for top coins are going higher. The total market cap is holding a solid position of $130 billion, the fluctuation is high and the top 10 coins are in the red since last week’s high excluding Tether (USDT).

Bitcoin (BTC) Price Analysis: Bitcoin is presently trading at around 3870 in comparison to the US Dollar with a total market cap of $68, 025, 59,482. Everyone already knows that this situation makes BTC undoubted head of all crypto. Mainly the supremacy of BTC is more 50% still that makes it is still much favorite digital token.

The O.G. coin has been through fluctuation in few days starting Saturday 23, February when it jumped above the $4200 mark only to get down into $3800 area in some hours of the new increase. Since then, the O.G. coin has been varied and without clear management, the next move is unknown. Since varying from 3420 assists, it has shown hopeful movement so the most recent decreasing might have been because of some technical errors and not by a market reversal. The next 5-7 days we may see another trying to smash 4250 resistance, but, if it doesn’t happen, the chances of another shoot down will become higher.

Tron (TRX) Price Analysis: Tron is recently positioned at number 9 by the market cap; it is whole, transmitting supply is valued at $1,610,975,627. Tron is trading at 0.024 against the US Dollar in the market and in the last 7 days it lost around 3.26%. After weakening to smash $0.028 resistance Tron got sideways, although with an uptight bias, and now under a hopeful trend line. The coin lacks the solidity to smash 0.028 resistance which means it will likely to decrease until hopeful pressure builds back up. It is very much hoped to reach at its assist which is situated between 0.020 and 0.018.

Litecoin (LTC) Price Analysis: Its trading value is around $46 and its transmitting supply is valued at $2,792,141,379. Regardless of its 8% tumble in the last 7 days, it ranks at the 5th place by the Market cap. Litecoin has firm jump, despite it was hitting down in December last year. The recent movements of Litecoin can be calculated as an easy correction because of posting increasing lows and increasing high. Until the coin doesn’t move under its $40 assist the uptrend is unharmed. A smash of said assist would eventually create a lower low which could open the door for more decreased action. If $40 stays unharmed, we could simply see a jump above $50 in the next few days.

EOS (EOS) Price Analysis: Recently EOS is ranked at number 4 and it has Market cap of $3,260,379,074 and the trading value against the US Dollar is 3.06. The in last 7 days, with the loss of 5.27%, it has been in the red. But the increase to the coin is more likely to be the greatest hit.  In earlier EOS analysis, the estimation its jump into $4.60 followed by a recollecting lower, a thing which took shape perfectly. The pullback may expand into $3.10 – $3.00 area, but until the assist remains unharmed. The coin will go to increase its value.

About Steve Anderrson

Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

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