Crypto Price Watch: Stellar Lumens, Cardano, NEO, EOS All in the Green

While market cap dominators Bitcoin and Ethereum had demonstrated strong chart actions, alts such as Stellar, Cardano, NEO, and EOS are all expressing positive movement that hints toward a potential repeat of 2017's epic Q4 run up.

The bullish movement of major market cap cryptos isn't solely due to investor sentiment, however - several alts have announced major partnerships, reached roadmap milestones, or have been listed on notable exchanges, making the last seven days a highly positive week for investors and traders alike as market sentiment shifts toward the green.

Stellar Lumens has reached a new 24-hour trading volume of roughly $189 million, and is currently trading for approximately $0.37 against the U.S. dollar.

Stellar is the globe's eighth largest cryptocurrency, and for the most part, is outpacing nearly every single altcoin and Bitcoin competitor with the exception of Bitcoin Cash, which has incurred a $60 jump in the past 24 hours and now sits at just over $940. XLM has nearly doubled its price over the last week and the reasons seem strong and varied.

Cardano has received a much-needed boost and is trading at roughly $0.26.

The exchange has coupled Cardano with both Bitcoin and Ethereum, meaning Cardano was originally being traded in these two pairs only.

Binance then decided to broaden ADA's spectrum, and the coin is now trading with both USD and BNB, offering Cardano more flexibility in its trading system and bringing more potential investors to the table.

At press time, the currency is trading at $64 - a recommended buy level amongst most investors - though a breakout is expected in the coming days that could potentially bring it closer to $80. This may set NEO up for further resistance between the $80 and $88 trading figures.

Currently, NEO is experiencing strong support at $64, though any backtracking could see it fall back to as much as $54. EOS. EOS seems to be on an upward trend, trading for approximately $7.80 at press time.

Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.