Litecoin

Litecoin could plummet to $85 support amid intensifying overhead pressure. The IOMAP reveals that Litecoin correction comes after hitting a supply barrier between $93.4 and $96.2. Litecoin has since December 11 sustained an uptrend above an ascending trendline as observed on the 4-hour chart. The recent spike above $90 occurred in tandem with Bitcoin’s spike to new all-time highs above $22,000. However, it seems LTC may not hit $100 soon due to the possibility of… Source link

Litecoin price started a strong surge above the $80.00 and $82.00 resistance levels against the US Dollar. LTC price traded close to the $95.00 level and settled below the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $82.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is now facing a strong resistance near the $92.00 and $94.00 levels. Litecoin price is up over 10% and it tested the $95.00 zone against… Source link

Ethereum Ethereum rose by 0.46% on Tuesday. Partially reversing a 0.69% gain from Monday, Ethereum ended the day at $589.08. A bullish start to the day saw Ethereum rose to an early morning intraday high $597.04 before hitting reverse. Ethereum broke through the first major resistance level at $593.54 before sliding to a mid-morning intraday low $579.15. Steering clear of the first major support level at $577.41, Ethereum briefly revisited $593 levels before easing back. The first major… Source link

Litecoin majestically rises above $80 but hits a barrier at $85. On-chain metrics reinforce the immense support under LTC. A reversal above the confluence resistance and $85 may catapult LTC toward $100. Litecoin recently soared to highs above $80 following a predicted breakout. The support at $70 held its ground, giving bulls ample time to plan a breakout above the descending wedge pattern. LTC/USD stepped above several critical levels, including the 200 Simple… Source link

Bitcoin, after charging into December, has hit one thing of a brick wall—stopping simply wanting what’s broadly thought-about contemporary territory north of $20,000 per bitcoin. The bitcoin price has added a formidable 160% since January, serving to smaller cryptocurrencies ethereum, Ripple‘s XRP, litecoin and chainlink make triple digit positive aspects by means of the yr. Now, with merchants gearing up for a so-called Santa Rally in final week earlier than Christmas, bitcoin,… Source link

Bitcoin, after charging into December, has hit something of a brick wall—stopping just short of what’s widely considered fresh territory north of $20,000 per bitcoin. The bitcoin price has added an impressive 160% since January, helping smaller cryptocurrencies ethereum, Ripple’s XRP, litecoin and chainlink make triple digit gains through the year. Now, with traders gearing up for a so-called Santa Rally in last week before Christmas, bitcoin, ethereum, Ripple’s XRP, litecoin and… Source link

Ethereum Ethereum rallied by 3.89% on Sunday. Following on from a 4.43% rally on Saturday, Ethereum ended the week down by 1.86% to $590.75. It was a mixed start to the day. Ethereum fell to an early morning intraday low $563.79 before making a move. Steering clear of the first major support level at $549.80, Ethereum rallied to a late afternoon intraday high $595.21. Ethereum broke through the first major resistance level at $580.91 and the second major resistance level at $593.17. Falling short… Source link

Disclaimer: The findings of the following article ar the sole opinion of the writer and should not be taken as investment advice Litecoin, the cryptocurrency dubbed the silver to Bitcoin’s gold, has emerged out of its bear market quite gracefully. Its 2020 YTD returns, at the time of writing, were 90%, a figure that wasn’t half bad. However, like all altcoins, LTC has suffered over the previous month after playing to Bitcoin’s tune. LTC’s price hit a high of $95, but it soon fell… Source link

Ethereum Ethereum fell by a further 2.65% on Friday. Following on from a 2.61% decline on Thursday, Ethereum ended the day at $544.23. It was a mixed start to the day. Ethereum rose to an early morning intraday high $560.62 before hitting reverse. Falling short of the first major resistance level at $573.35, Ethereum slid to a mid-morning intraday low $535.50. The reversal saw Ethereum fall through the first major support level at $545.56 before a brief recovery to $550 levels. A bearish end to… Source link

The technical picture for Litecoin (LTC) suggests that it could post a massive upside towards $100 if bulls hold above $70 Litecoin’s spot price mirrors the rest of the top altcoin market, with LTC changing hands around $70 after dipping more than 6% in the past 24 hours. The cryptocurrency is also trading nearly 18% down over the past seven days. At the moment, Litecoin bulls are trying to keep bears at bay around the critical $70 support level. If they manage to flip momentum to their… Source link