Litecoin

Cryptocurrencies have been finding it hard to resume the bullish trend in the last couple of weeks, after the strong bullish momentum that engulfed the crypto market from the end of July until mid-August. Litecoin climbed around $85 to just above $190, but since then, it has been trading sideways within a range. We had a long-term buy signal which we opened near the bottom, above $105, and booked profit as the price surged higher. Although, besides trading the trend, we can also trade ranges… Source link

Ethereum Ethereum surged by 11.64% on Wednesday. Following a 6.23% rally on Tuesday, Ethereum ended the day at $3,829.39. A mixed start to the day saw Ethereum fall to an early morning intraday low $3,384.24 before making a move. Steering clear of the 23.6% FIB of $3,369 and the first major support level at $3,252, Ethereum rallied to a late intraday high $3,843.12. Ethereum broke through the first major resistance level at $3,548 and the second major resistance level at $3,665 to end the day at… Source link

Litecoin was quite bullish until the middle of May, but since the crash in the crypto market, it has been looking increasingly bearish. It lost a big part of the value during the crash and while other cryptocurrencies have turned bullish again, Litecoin has stagnated below moving averages. Litecoin increased to $190 according to my forex broker, but it has been unable to make new highs and in fact, the highs have been getting lower for this crypto during the last two weeks, while Ethereum is… Source link

Litecoin price is observing a strong upside momentum for the new high in the future. It might soon see a new high in the future. LTC might see a reversal in trend once the BTC starts to pick upside momentum. Meanwhile, LTC/BTC pair shows strength to reach new highs. LTC coin price is observing a weak upside momentum but can soon revert to the new high in the upcoming days. Litecoin price has observed a gain of more than 0.5% in the past 24 hours and is trading near the value of $170. The… Source link

After shooting up to an 11-week high of $191.8, Litecoin has slowed down on the charts. A horizontal channel was now in the thick of things as price oscillated between their upper and lower trendlines. From this point, a breakout in either direction was possible but sellers had the edge over proceedings. To outlast selling pressure, LTC would need to continue defending the lower trendline. This could invigorate a fresh wave of buying pressure to help with a retest of LTC’s 200-SMA… Source link

Litecoin was among the most bearish pairs during the previous three months in the crypto market. losing around 75% of the vale, as it crashed from $414 and continued making lower lows until it formed a support zone above $100. The 20 SMA (gray) was pushing it down, which was another bearish sign, since this is the smallest moving average, indicating that sellers were jumping in on the first opportunity. Although, the reversal came in the crypto market in the last week of July, which pulled Source link

Ethereum Ethereum rose by 0.08% on Monday. Reversing a 0.66% loss from Sunday, Ethereum ended the day at $3,229.01. A mixed start to the day saw Ethereum fall to an early morning intraday low $3,145.45 before making a move. Ethereum fell through the first major support level at $3,158 before rallying to a late intraday high $3,349.00. Ethereum broke through the first major resistance level at $3,292 before ending the day at sub-$3,230 levels. At the time of writing, Ethereum was up by 0.43% to… Source link

Following the market-wide trend of consolidation, the altcoin industry also witnessed the same price sentiments. ADA, for instance, started to depict range-bound movement after hitting an all-time high, a few days ago. Litecoin recorded a minor dip of 3.3%, while eyeing the $161.90 support line as buying pressure lost strength. Lastly, VeChain remained consolidated within $0.127 and $0.115 levels.  Cardano (ADA) ADA/USD, TradingView ADA dipped on its chart by 1.7% over the last 24 hours… Source link

For the past week, the Litecoin price has been hovering below the key resistance level at $190. The coin has a total market capitalization of $11.5 billion. LTC ranks as the world’s 15th largest cryptocurrency, after Bitcoin Cash. Crypto Market According to Coinmarketcap, Litecoin’s total volume traded in the last 24 hours has fallen 14.30% to $2.16 billion. This indicates that most large holders of the coin are exiting their trades. The coin has slipped… Source link

Ethereum Ethereum fell by 0.66% on Sunday. Following a 0.83% decline on Saturday, Ethereum ended the week down by 0.46% to $3,226.46. A mixed start to the day saw Ethereum rise to an early morning intraday high $3,287.73 before hitting reverse. Coming up against the first major resistance level at $3,288, Ethereum slid to an early morning intraday low $3,153.75. The sell-off saw Ethereum fall through the first major support level at $3,210 and the second major support level at $3,172. Steering… Source link