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[Updated] 11th April TOP 4 Price Predictions: Litecoin, EOS, TRX, ADA — Coming Back to Previous Support Levels

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Thu, 11/04/2019 - 11:49
[Updated] 11th April TOP 4 Price Predictions: Litecoin, EOS, TRX, ADA — Coming Back to Previous Support Levels
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Aside from Bitcoin, Ethereum, and Ripple, other top coins are also experiencing a decline. The top loser among the top 10 coins is Bitcoin Cash, whose rate dropped by 12.46%.

In the background of a correction, BTC’s domination has increased and is now 52.1%.

Currently, the market capitalization is $170 billion.

LTC/USD

Following Bitcoin Cash it is the 2nd biggest loser in terms of the percentage change within 24 hours.

Litecoin's price struggled to stay above $90 support, and recently it has adjusted lower. The rate of LTC was reduced by about 10% and moving down to the support level of $75.

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LTC/USD chart by TradingView

In the short-term forecast, we should expect an attempt to test the lower limit near $90. After fixing at this level, traders can see the continuation of growth towards a potential target of $115.

The price of LTC is trading at $78.95 at the time of writing.

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EOS/USD

The price of EOS rolled back to the quotes of the beginning of the week, which are located in the corridor of $5.5-$5.6. Despite the fact that Coinbase Pro added the coin to its listing service, it could not consolidate and followed the pattern of other coins.

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EOS/USD chart by TradingView

In the short term, the main resistance is near $6. The price of EOS is trading at $5.36 at the time of writing.

TRX/USD

The crypto market decline influenced the rate of Tron the most. Its price has been reduced by more than 10% over the past 24 hours.

The quotes reached the positions of the previous week and now constitute $0.0273.

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TRX/USD chart by TradingView

As we see, TRX’s rate completely depends upon the mood of the market. In case of a bounce off, a level of $0.03 can be achieved again.

The price of TRX is trading at $0.02635 at the time of writing.

ADA/USD

Analyzing the 1-hour chart, one can see a “Head and Shoulders” pattern, as the rate reduced to the level of $0.082.

Another strong support is at $0.080, and it is unlikely to break it, as currently Cardano is one of the least affected coins among the top 20.

Article image
ADA/USD chart by TradingView

In addition, there is the possibility of a comeback to $0.09 as there are quite high trade volumes.

The price of ADA is trading at $0.0815 at the time of writing.

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