In the cryptocurrency world, one of the most common things to happen is the study of the market. With prices and values of the market going up and down in the charts, it is possible to establish a likely behavior and see how certain coins are going to perform in different terms.
Right now the prices of the market are slowly recovering again, and in light of a landscape where we are seeing virtual coins such as IOTA, TRON, EOS, Litecoin, and Stellar Lumens starting to make bullish moves, we need to forecast how its behavior will progress.
As a matter of fact, each one seems to be growing for different reasons. Let’s see the main predictions on these coins and what we might expect of them in the near future.
IOTA (IOT) behavior analysis
IOTA (IOT) is currently ranked in the market as number 10, with a value of 0.976 against the US dollar. It has decreased -6.42 percent in the last 24 hours, a fact that definitely could mean a bullish tendency in the coming days. However, the token needs to find a way of maintaining a price above the $1.5 mark as that would surely represent a good investment.
TRON (TRX) behavior analysis
TRON (TRX) is ranked at the current time as number 9th, in the last 24 hours has decreased a -3.87% positioning the coin at a price of $0.042606. Many expectations have surged regarding this token that as we know it currently works under the ERC-20 protocols of Ethereum. Nevertheless, the coin recently launched its mainnet, and this has finally given the chance of DApp developers to effortlessly switch from Ethereum’s EVM.
Holders of the token don’t need to fret as it is not expected to change the behavior of the TRX, in fact, this change could occur after June 25th when the company will finally obtain its own coin, the moment in which the prices are more likely to grow.
EOS behavior analysis
Just like Tron, EOS is another token that functions using the ERC-20 protocol of Ethereum so this coin is linked to the ETH token, but this is something that is about to change as EOS launched its mainnet. The token EOS is currently ranked at number 5th in the market with a value per coin of $8.17 and a decrease of -3.03 percent in the last 24 hours.
EOS itself is predicted to act carefully before the launch of the mainnet, and experts on its part are advising to not send coins to a wallet and instead keep it in the blockchain using plugins like MEW. After the launch, it is expected the coin may get a boost, even John McAfee has forecasted the token will be valued at $32 by the end of July.
Litecoin (LTC) behavior analysis
Litecoin (LTC) has deployed some great efforts in the past days, including the successful social media campaign resulted in a hike in conversions. The LTC token is currently the number 6 in the market listings, having a value of $81.52 and a decreasing move in the last 24 hours of -1.50 percent.
It is expected the coin may experience some growth, perhaps reaching the price of 130 against the US dollar.
Stellar Lumens (XLM) behavior analysis
Stellar Lumens (XLM) is currently the number 7 in the market with a value of $0.196064 and a decrease of 3.26 percent in the last 24 hours. The market for Stellar has been moving around with buyers rejecting lower prices, a fact that could offer the chance of buyers to find opportunities under 30 cents. In this matter, experts recommend taking a look.