Litecoin

Litecoin price is traversing a head-and-shoulders pattern, hinting at a breakout soon. A decisive close above the neckline at $191.20 will kick-start a 26% ascent to $243.07. A breakdown of $165.28 will create a lower low, invalidating the bullish thesis. Litecoin price is on the penultimate leg of a technical formation that will catalyze a quick bull rally. LTC needs to clear one critical hurdle to kick-start a run-up to levels last seen more than a month ago.

There have been no practical changes in the price of the token over the past 24 hours at the time of writing, although there have been falls and jumps. During this period, the worth dropped below $ 180 twice, and once rose to $ 188.35. Now the cost of the token is $ 184.18 as it was yesterday at this time.Litecoin is a better alternative to symbolic money than Etherium, as Litecoin is digital money that is faster to transact, while Etherium is not money. With the help of Remesas, people can… Source link

Ripple and Litecoin have been quite weak since early Spetember, when the second bearish phase started in the crypto market. Other major cryptocurrencies have turned quite bullish, with Bitcoin trading above $60,000 and Ethereum heading for all-time highs, while tyhese two cryptos ate not showing any bullish signs, although the situation might be changing slowly. Litecoin Daily Chart Analysis – Will the 200 SMA Go Soon? The price sticking to the 200 daily SMA too long Litecoin has been trying… Source link

Ethereum Ethereum rose by 0.46% on Sunday. Partially reversing a 1.04% decline on Saturday, Ethereum ended the week up by 12.66% to $3,847.18. A bullish start to the day saw Ethereum rise to a mid-morning intraday high $3,919.00 before hitting reverse. Falling short of the first major resistance level at $3,931, Ethereum slid to a late intraday low $3,643.00. Ethereum fell through the first major support level at $3,765 and the second major support level at $3,700. Finding late support, however,… Source link

Bitcoin pulled back after hitting $ 57,800, which could enter a low-time ABC correction. The modest pullback caused the coin to retreat 6.8% from the local high to the Fibonacci level of 0.0236. Technically, BTC / USD has not set a lower local low, leaving the door open for the bulls to regain lost ground and continue the trend in a hurry. Still, Bitcoin could consolidate further before resuming the trend, which would have the advantage of providing structure to price… Source link

Ethereum Ethereum rose by 2.08% on Friday. Following a 5.08% rally on Thursday, Ethereum ended the day at $3,869.73. A mixed start to the day saw Ethereum fall to an early intraday low $3,734.44 before making a move. Steering clear of the first major support level at $3,644, Ethereum rallied to a late intraday high $3,900.00. Ethereum broke through the first major resistance level at $3,884 before easing back. Falling short of the second major resistance level at $3,977, Ethereum ended the day at… Source link

Litecoin (CRYPTO: LTC) is trading higher Friday as the overall crypto sector pushes higher. Litecoin is nearing resistance in a pattern and could see a breakout soon if it continues to rise within the pattern it’s trading in. Litecoin was up 4.8% at $190.22 at last check. Litecoin Daily Chart Analysis Litecoin continues to trade higher in what technical traders call an ascending triangle pattern. It’s nearing the resistance line in the pattern. The $200 level has been an area… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Litecoin’s near-term outlook seemed favorable as the alt closed in on an ascending triangle breakout. A northbound RSI, bullish crossover on the Directional Movement Index, and an uptick in 24-hour trading volumes backed such predictions. However, some near-term bearishness would begin to seep if LTC fails to close above the upper trendline. Sellers would… Source link

It’s great that the founder decided to give us one more chapter of Litecoin‘s story. Let’s tie up loose ends and wrap this whole series with a bow on top. As it turns out, Charlie Lee returned to his job at Coinbase. Was the company more supportive this time around? Plus, as we warned you last time, at one point Lee sold all of his LTC. What were his reasons to do that? Did he have a plan? And, more importantly, did the plan work?  Related Reading | Charlie Lee Sums Up Litecoin’s… Source link

Ethereum Ethereum rallied by 5.08% on Thursday. Following a 3.38% gain on Wednesday, Ethereum ended the day at $3,791.66. A mixed start to the day saw Ethereum fall to an early intraday low $3,588.55 before making a move. Steering clear of the first major support level at $3,476, Ethereum rallied to a late afternoon intraday high $3,828.84. Ethereum broke through the first major resistance level at $3,678 and the second major resistance level at $3,747. A late pullback saw Ethereum briefly fall… Source link