Altcoin Price Analysis: Bears Slowdown, IOTA/USD May Recover Today

The meltdown continues and even though fundamentals are strong, altcoin prices including those of ADA/USD and IOT/USD could consolidate after the last two day’s losses mostly because of yesterday’s high volumes and tight trade ranges. Needless to say, our forecasts remain constant. That’s unless there are sharp gains above immediate resistances nullifying this stand.
Let’s have a look at these charts:
EOS/USD Price AnalysisThing is, yesterday’s EOS/USD sharp decline