Thursday, March 4, 2021
Vts-Block
No Result
View All Result
  • Home
  • Blockchain
  • Cryptocurrency
  • Bitcoin
  • Crypto vs Bitcoin
  • Dogecoin
  • Litecoin
  • Ethereum
  • Ripple
  • ICO
  • BTC
  • Home
  • Blockchain
  • Cryptocurrency
  • Bitcoin
  • Crypto vs Bitcoin
  • Dogecoin
  • Litecoin
  • Ethereum
  • Ripple
  • ICO
  • BTC
No Result
View All Result
Vts-Block
No Result
View All Result
Home Litecoin

Litecoin long-term Price Analysis: 18 October

by admin
October 18, 2020
in Litecoin
0
Litecoin long-term Price Analysis: 18 October
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


Litecoin, like many altcoins available in the market, has seen its worth drop on the charts. At press time, a consolidation after the aforementioned drop gave the impression to be ongoing, following which, LTC could also be due for a small pump. General, Litecoin’s worth was noticed to be up for a small pump, one that might flip bullish if it breaks the bigger consolidation sample.

Litecoin 1-day chart

Supply: LTCUSD on TradingView

Litecoin’s one-day chart famous a consolidation sample within the type of a symmetrical triangle. A pump that started on 21 September had pushed LTC’s worth by 24% from $41.57 to $51.55. Nonetheless, following the identical, a bearish divergence contributed to the value dropping by 7.55% to the place it stood on the time of writing.

The instant ranges of assist for LTC included $45.23 and $39.80, whereas the instant resistance ranges included $50.80 and $63.94. Nonetheless, there may very well be an intermediate resistance between the aforementioned resistance ranges and LTC can check every of them, earlier than persevering with greater.

As of now, the LTC set-up appears to be like bullish within the quick time period, nevertheless, if the value does handle to efficiently break above the consolidation sample, it may very well be bullish within the long-term.

The RSI pointed to a short-term rebound near the 50-level [aka neutral zone], one which may very well be associated to the short-term bounce talked about above.

The Stochastic RSI indicator confirmed a pointy decline from the overbought zone and in the direction of the oversold zone. A bullish crossover remains to be a good distance from occurring, nevertheless, it may very well be a potential sight just a few days down the road.

The OBV indicator appeared to carry constantly at $16.5 million or greater, a determine that indicated that no new quantity had come into buying and selling. This would possibly suggest a false appreciation in worth.

What to anticipate?

A surge of seven% or greater will be seen within the coming week, nevertheless, any surge above the consolidation of $50.77 can be bullish. A bounce decrease than this stage can be bearish for the coin.

For the reason that RSI and the Stochastic RSI had been bullish and the quantity indicator famous uniform quantity, a surge will be anticipated as much as $50.77. Any surge above this stage can be a pretend surge.



Source link

  • Trending
  • Comments
  • Latest
Christie’s to auction Beeple NFT art and will accept ether as payment

Christie’s to auction Beeple NFT art and will accept ether as payment

February 19, 2021
(GBTC) – Silicon Valley Payments Company Ripple’s Cryptocurrency XRP Up 133% In A Week

(GBTC) – Silicon Valley Payments Company Ripple’s Cryptocurrency XRP Up 133% In A Week

November 24, 2020
Everything you need to know about Crypto Trading

Everything you need to know about Crypto Trading

October 19, 2020
Plant Milk Market(COVID-19 impact) Growth Report 2020 By Ripple Foods, Danone, WhiteWave Foods, Archer-Daniels-Midland – BCFocus

Plant Milk Market(COVID-19 impact) Growth Report 2020 By Ripple Foods, Danone, WhiteWave Foods, Archer-Daniels-Midland – BCFocus

November 9, 2020
Dogecoin Creator Billy Markus Wants Elon Musk to ‘Literally’ Send His Crypto to the Moon

Dogecoin Creator Billy Markus Wants Elon Musk to ‘Literally’ Send His Crypto to the Moon

0
Making a case for Bitcoin’s survival in the greater market

Making a case for Bitcoin’s survival in the greater market

0
XRP and blockchain adoption will explode in the next months

XRP and blockchain adoption will explode in the next months

0
Cybersecurity and Cryptocurrency Prodigy Helping Institutions With Eradication of Ransomware

Cybersecurity and Cryptocurrency Prodigy Helping Institutions With Eradication of Ransomware

0
Dogecoin Creator Billy Markus Wants Elon Musk to ‘Literally’ Send His Crypto to the Moon

Dogecoin Creator Billy Markus Wants Elon Musk to ‘Literally’ Send His Crypto to the Moon

March 4, 2021
Cryptocurrency scams soar during the bitcoin frenzy

Cryptocurrency scams soar during the bitcoin frenzy

March 4, 2021
Shopicoin invites applications for prospective ICO launches lucrative ETH based Crypto-ANI

Shopicoin invites applications for prospective ICO launches lucrative ETH based Crypto-ANI

March 4, 2021
Ripple’s executive chairman moves to dismiss SEC lawsuit

Ripple’s executive chairman moves to dismiss SEC lawsuit

March 4, 2021

Recent News

Dogecoin Creator Billy Markus Wants Elon Musk to ‘Literally’ Send His Crypto to the Moon

Dogecoin Creator Billy Markus Wants Elon Musk to ‘Literally’ Send His Crypto to the Moon

March 4, 2021
Cryptocurrency scams soar during the bitcoin frenzy

Cryptocurrency scams soar during the bitcoin frenzy

March 4, 2021

Live Price

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$48,452.00
-6.15%
ethereum
Ethereum (ETH)
$1,554.84
-4.76%
tether
Tether (USDT)
$1.00
-0.31%
Binance Coin
Binance Coin (BNB)
$232.68
-6.81%
cardano
Cardano (ADA)
$1.10
-11.86%
Polkadot
Polkadot (DOT)
$35.29
-6.71%
ripple
XRP (XRP)
$0.475596
5.29%
litecoin
Litecoin (LTC)
$182.71
-5.63%
chainlink
Chainlink (LINK)
$28.28
-9.12%
bitcoin-cash
Bitcoin Cash (BCH)
$506.93
-6.27%
  • Home
  • About Us
  • Contact Us
  • Privacy & Policy

© 2020 Vts-Block

No Result
View All Result
  • Home
  • Blockchain
  • Cryptocurrency
  • Bitcoin
  • Crypto vs Bitcoin
  • Dogecoin
  • Litecoin
  • Ethereum
  • Ripple
  • ICO
  • BTC

© 2020 Vts-Block