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Since the inauguration of the new president of the US, the markets have remained highly volatile. Moreover, the tariff war has caused more harm, which seems to have become more uncertain than before. The latest ‘Liberation Day, ’ wherein President Trump announced new tariffs on various countries, also had a negative impact on the traditional as well as the crypto markets. Most of the cryptos are juggling around a pivotal support zone, while some, like Story, EOS & Litecoin, are demonstrating some strength.
Story (IP) Price Gearing Up for 15% Upswing
- The IP price remains stuck within a descending parallel channel, regardless of the short-term upswing, pushing the token lower
- After some volatility, the rally appears to have turned calm now as the Bollinger bands have begun to contract
- On the other hand, the Stochastic RSI is about to test the lower threshold that may soon trigger a bullish crossover
- Therefore, the Story price is expected to remain consolidated and contract the bands more, which could result in a massive explosion
- With this, the Story price is believed to test the upper targets at $4.5, $4.8 and $5, and after securing the uppermost target, the token may be believed to have risen above the bearish captivity.
EOS (EOS) Price Heading for a Golden Cross
- The EOS price has broken above the bearish influence as it reclaims levels above the ascending trend line and tests one of the important resistance zone
- Although the bears are trying hard to restrict the rally, the EOS price is expected to revive a strong upswing as a strong bullish confirmation is on the horizon
- The 50/200-day MA displays signs of a bullish crossover, and hence, this validation is expected to initiate a fresh ascending trend
- Meanwhile, the MACD shows a rise in buying pressure, and the levels have risen into the positive zone for the first time since the start of 2025
- Therefore, the EOS price is expected to break out of the resistance zone around $0.8 and reach $1 this month
Bearish Clouds Hover Over Litecoin (LTC) Price
- Being a little different from the other two tokens, the LTC price is flashing massive bearish signals
- The price is testing the ascending trend line, which has been acting as a strong support since August 2022
- Besides, the RSI is depleting and probably going to test the lower threshold while the Ichimoku cloud is heading for a bearish crossover
- Therefore, the Litecoin price is feared to drop below the trend line, reach the local support at $75, which may not be held either
- Therefore, a drop below $60 could attract significant liquidity as it did before and trigger a rebound above $70
