ADA, EOS, LTC value evaluation for July 27th

Which altcoin among Cardano (ADA), Litecoin (LTC) and EOS can keep up with the rise of Bitcoin (BTC)?

Cover picture via www.tradingview.com

Disclaimer: The opinion expressed here is not investment advice, but is for informational purposes only. It doesn’t necessarily reflect the opinion of CryptoComes. Every investment and every trade involves risks. Hence, you should always do your own research before making any decisions. We do not recommend investing money that you cannot afford to lose.

The upward trend in the cryptocurrency market has continued. However, the growth has mainly impacted Bitcoin (BTC), Ethereum (ETH), and some other altcoins. Most of the coins have already entered the correction phase.

Top 10 Coins from CoinMarketCapTop 10 Coins from CoinMarketCap

Below you will find the relevant statistics for Cardano (ADA), Litecoin (LTC) and EOS and how they are performing today:

Surname

ticker

Market capitalization

price

Volume (24h)

Change (24h)

Cardano

THERE IS

$ 3,681,416,819

$ 0.141991

$ 668,448,853

-5.73%

Litecoin

LTC

$ 3,157,696,704

$ 48.49

$ 2,621,677,767

-2.07%

EOS

EOS

$ 2,574,735,638

$ 2.75

$ 1,910,572,860

-0.68%

ADA / USD

If Cardano (ADA) used to be the biggest winner, it’s the main loser on our list today. The altcoin rate is down 5.73% since yesterday.

TradingView's ADA / USD chartTradingView’s ADA / USD chart

On the daily timeframe, Cardano (ADA) is down after setting a local high of $ 0.1624. The correction may not be complete yet as the sales volume is still high. Additionally, most altcoins, including Cardano (ADA), have not kept up with the strong growth of Bitcoin (BTC). All in all, the continued decline in prices could stop in the buyer’s interest zone at $ 0.10088.


Roobet
Roobet

Cardano is trading at $ 0.1412 at press time.

LTC / USD

Litecoin (LTC) has also been on a downward trend over the past 24 hours. The overall picture remains upbeat, however, as the recent daily candle has confirmed buyers’ presence.

TradingView's LTC / USD chartTradingView’s LTC / USD chart

The “digital silver” is within the rising channel and growth could continue as trading volume has increased significantly. The only factor that could be an obstacle for bulls to sustain the surge is low levels of liquidity. This means that a more likely scenario is an ongoing correction to the $ 46.33 level by the end of the current month.

Litecoin is trading at $ 48.77 at press time.

EOS / USD

EOS has lost the least of the rate of the three coins on today’s list. The decrease was only 0.68% in the last 24 hours.

TradingView's EOS / USD chartTradingView’s EOS / USD chart

EOS continues to grow on the daily chart. However, the rise is unlikely to continue much longer as the RIS indicator approaches the overbought zone. In this case, traders can expect EOS to make a false breakout at $ 2.8375 followed by a further drop to the nearest support at $ 2.6867 by mid-August.

EOS is trading at $ 2.7760 at press time.

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Article writer picture
Denys Serhiichuk

With more than 5 years of trading, Denys has in-depth knowledge of both technical and basic market analysis. Mainly he started his blog on TradingView, where all relevant information is published and predictions are made about top coins.
His experience is backed by working in leading blockchain companies such as W12, Platinum Listing & ICO Advisory, ATB Coin and others who can be contacted at [email protected]

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