FxWirePro:Top Altcoins Daily Outlook

EOS/USD:

Intraday trend  Weak

Major support-$7.96 (trend line joining $6.64 and $7.65). Any break below $7.96 will drag the pair down till $7.65/$6.54 (Jul 12th 2018 low).

Major resistance  $8.82 (trend line resistance)/$9.45.

News update: EOS got listed in one of Europe’s prominent digital currency platform Bitpanda . BitPanda’s official twitter announcement is that

You can now buy @ EOS.io with cash at 400 Post branches and 1300 Post partner throughout Austria.
  

It is good to sell on rallies around $8.35-40 with SL around $9 for the TP of $6.55.

Stellar:

Intraday Trend  Weak

Major support  $0.2550 (Jul 21st low). Any break below will drag the pair to next level till $0.200/$0.1700. Any bearish continuation only below $0.1400.

Near term major resistance $0.3550 and any violation above that level targets $0.3800/$0.4600. The minor resistance is around $0.3120.

News Update:

The SantoshiPay one of the partner of Stellar Lumen is set to enter the London Stock Exchange through IPO and will be game changer for Stellar.

“We are preparing to go public on AIM, the market for growth companies at the London Stock Exchange, later this year. We are also happy to announce that London based crypto-investor Daniel Masters is supplying us with €566k in pre-IPO funding. This will be a major boost for Stellar (XLM) visibility and adoption.”

It is good to sell on rallies around $0.3050 with SL around $0.3305 for the TP of $0.2550/$0.200.

Cardano:

Intraday Trend  Weak

Major support - $0.1490 (200- H MA) and any violation below will drag the pair down till $0.1160 (Jun 29th low).

Major resistance - $0.2000. The pair has formed temporary top around $0.1975 on Jul 18th 2018 and started to decline from that level. Any convincing break above will take the pair to next level till $0.2370 (Jun 3rd 2018)/$0.2830 (May 13th high).

It is good to sell on rallies around $0.1630-$0.1650 with SL around $0.1800 for the TP of $0.1200.