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analysis, litecoin, ltc, price, recover -

Litecoin price recovered nicely from the $160 swing low against the US Dollar. LTC/USD is currently trading in a range above the $180 support. Key Talking Points Litecoin price succeeded in holding losses below $155 and recovered (Data feed of Kraken) against the US Dollar. There is a key bullish trend line forming with support at $181 on the hourly chart of the LTC/USD pair. The pair must break the $192-195 resistance area to continue its upside move. Sponsored Litecoin Price Forecast After a major decline, there was a decent support formed near $160 in litecoin price against the US...

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bitcoin, btc, crypto, eth, ethereum, litecoin, pullback, support, update -

Yesterday’s technically triggered dip continued today in early trading, with losses across the board among the majors. The failure of the two largest coins to break-out of their respective broad declining trend was behind the widespread selling, but the damage is limited so far, and the recovery that started exactly one month ago is still intact. BTC/USD, 4-Hour Chart Analysis   Sponsored That said, the short-term picture remained bearish in Bitcoin and the major altcoins, with Bitcoin dipping below the initial $10,500 support today before bouncing back slightly in the European session. The continued Chinese crackdown on the segment weighs on BTC besides the...

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litecoin, recommendation, trade -

With the market volatility dropping off we have seen the market drifting with a lack of conviction in direction. We will need to lower our expectations a bit to returns that are more modest from the outsized gains we all became accustomed to over the last year. We see the Daily Pivot Range (blue dots), and the 3 Day Rolling Pivot Range (yellow dots) overlapping, this is important. The Opening Range is also just above these levels. So the bias is to the upside.   Sponsored The Daily Pivot Moving Averages are flat, so they are neutral. The market could...

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analysis, bitcoin, btc, bullish, dash, etc, eth, ethereum, ethereum classic, iota, lite, litecoin, monero, neo, rally, ripple, technical, usdt, xmr, xrp -

As the correction in the cryptocurrency segment lost momentum during the weekend, several major coins started to show signs of accumulation, and today, a broad rally carried most of the top currencies well above the correction lows. While the sector is still not out of the woods, today’s advance confirmed the positive signs that we have been monitoring throughout the pullback. For now, there are still strong resistance zones ahead of the top coins and the broad declining trend is still intact in Bitcoin, Ethereum, Ripple, and most of the smaller altcoins as well. That said, we remain bullish regarding the...

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coin, lite, litecoin, ltc, recommendation, trade, usd -

The Litecoin/Dollar (LTC/USD) pair ignited its bull run on December 8, 2017 when it took out 110 resistance. The breakout was noticed by momentum players, which pushed the price to as high as 375 on December 19. At that level, the market flashed extreme overbought readings. In addition, it grew by over 240% in just 11 days, which triggered a selling frenzy. // -- Discuss and ask questions in our  Facebook Group As the market succumbed to profit taking, it went as low as 173.68 on December 22, but it closed at 264.98. The price action on that day created a...

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10000, analysis, bitcoin, bullish, bullrun, crypto, cryptocurrency, dash, etc, eth, ethereum, iota, litecoin, ltc, neo, ripple, technical, top, tops, xrp -

The cryptocurrency market continued to heal considerably, as the major coins keep on successfully tackling resistance levels following a very deep sell-off that shaved off more than 60% of the market value of the segment. The sector is now back near the $500 billion mark in market capitalization, but investors shouldn’t get complacent here, as corrections will come along the rally, and the dominant downtrend is intact in most cases, with BTC being no exception. With that in mind, today might not be the best time to open new positions, even as BTC could still get to the next resistance level...

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