Altcoin Analysis: NEO, EOS, LTC, Monero and Lumens
The recent Monero surge has been impressive and at the moment, prices are testing a key resistance line at the 38.2% Fibonacci retracement level. We must remember that there is a hard fork in the pipeline and that could the reason why Monero is rallying.
This is not the only coin in our focus. Despite the small marginal gains, LTC prices are trending above our ascending wedge and all we need is a surge past $225 or February 26 highs before we can actually signal buy entries.
Let’s have a l
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