Litecoin (LTC), Stellar (XLM), Cardano (ADA) – This second quarter of 2019 has been quite exciting and hopeful for the crypto ecosystem, with Bitcoin breaking the $ 5200 levels and fighting in the short term to reach the level desired by many investors – $ 6000 that allows it to discard the crypto winter once and for all.
Meanwhile, in the top ten of the market, the altcoins maintain a fierce struggle with bullish movements and short term price corrections that allows entry strategies with a greater volume of capital to boost the market more and more with more minimums.
At the time of writing, of the top ten, only ETH, EOS and BNB is the cryptocurrency that has a green light in the last 24 hours, given that the rest remains in price correction scenarios.
LITECOIN (LTC) Price Prediction for Week 15 and 16
The cryptocurrency of Charlie Lee has been quite productive in these two weeks and in general, the last quarter. It has grown in such a way that it was the only cryptocurrency with a sustained growth of price higher than 60% of the top ten in that period.
To make matters worse, levels of $ 100 per unit seem possible in the short term, after being quoted before April Fools around $ 30 per unit, a growth of 300% in just fifteen days, suggests that the correction should be just around the corner.
At the time of writing, LTC has a spot price of $ 87.76 with a contraction of -0.81% in the last 24 hours and a market capitalization of $ 5.3 billion that anchors it to the fourth place.
The short-term outlook would represent an entry opportunity for those interested in investing in the cryptocurrency and obtain double-digit returns in the short term within a period of fifteen days.
Litecoin presents an upward trajectory with strong support at S1 ($ 73.73) and a resistance level already tested at R1 ($ 100.6). For LTC to achieve its corrections and re-push, we will be seeing a top of R1 reached without any problem, a profit of 15% around the corner.
The corrective scenario is determined by the crossing EMA 30 vs. EMA 100, which is expected to occur at the end of the current week. After that, it is possible to see LTC re-launch and reach R1.
STELLAR (XLM) Price Prediction for Week 15 and 16
The Stellar (XLM) remain on the eighth position with a strong contraction of -1.77%, leading Stellar to drop its price to $ 0.127 per unit. Its market capitalization is $ 2.45 billion dollars and has a good volume level on the last day – above $ 300 million.
Stellar is suffering from the withdrawal of profits by investors, but with the hope that more flow will come, Stellar market promises in the short term in the next two weeks.
XLM presents a bullish pattern with an Elliot wave in full execution and a perfectly predictable pattern that allows us to infer that Stellar will again reach levels of R1 ($ 0.138) before making another bearish cross for the beginning of week 16 of Q2 2019.
This corrective pattern is supported by the crossing EMA 30 vs EMA 100 and the indicator RSI that is maintained at low levels of balance of the forces of bears and bulls.
Like LTC, Stellar presents a very attractive entry opportunity that would allow investors to obtain returns of over 13% in the medium term.
CARDANO (ADA) Price Prediction for Week 15 and 16
It is currently the last important altcoin of the top ten, exploiting the opportunity that Tether can not be classified as such. At the time of writing, ADA coin presents a spot price of $ 0.085 with a decline of -1.71% in the last 24 hours and a market greater than $ 2.2 billion.
For the period of weeks 15 and 16 in progress, ADA presents an upward trajectory with an oscillating price movement between the S1 ($ 0.071) and R1 ($ 0.097) bands and a bearish cross indicated by EMA 30 vs EMA 100 for the middle of the week 16.
The pattern projected by ADA is strengthened by the Stochastico indicator, which is in the lower part of the chart with levels between 20-40 that predict compliance of EMA Cross proposed as an ideal entry point for investors who want to obtain maximum yields in ADA coin.