Top 5 Crypto Performers Overview: Binance Coin, Litecoin, NEXO, EOS, Stellar, Monero

AI token, the Binance Launchpad platform has announced the launch of its next supporting project, Celer Network, on Mar. 19 at 9am EST. Binance is attempting to revive initial coin offerings by supporting high quality tokens with strong use cases that generate interest among the participants.

The LTC/USD pair closed above $47.2460 last week, triggering our buy recommendation.

Traders can keep the stop loss at $40. The next level to watch on the upside is the zone between $69.2790 and the 50-week SMA. If the momentum carries the digital currency above both these levels, the rally can extend to $94.2590 in the medium-term.

If successful, the digital currency will again attempt to scale above the overhead resistance zone of $0.09431 to $0.10717.

On a breakout above this zone, a new uptrend is likely to start that can propel the digital currency to $0.12 and above it to $0.13596.

Though the EOS/USD pair rallied above $3.8723 in the previous week, it could not close above it.

Currently, the bulls are again attempting to sustain above the overhead resistance.

If successful, traders can initiate long positions on a weekly close above $3.8723 and keep a stop loss below the critical support of $2.1733.

While most major coins are well above their yearly lows, Stellar is struggling to move up.

If the pair rallies above $60.147 and the 20-week EMA, it will indicate strength.