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Litecoin (LTC) Price Analysis: $200 Holds The Key For F... Litecoin price started a sharp downside correction from the $250 resistance against the US Dollar. LTC price is now trading well below $200 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $188 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair... The post Litecoin (LTC) Price Analysis: $200 Holds The Key For Fresh Rally appeared first on Live Bitcoin News. 618 206ltc
res 2:01 PM
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ETH/USD Eyeing 1666 Technical Resistance: Sally Ho's T... Ethereum (ETH/USD) moved higher early in today’s Asian session as the pair appreciated to the 1659.97 area after trading as low as the 1554.39 area during the North American session, with the interday low representing a test of the 23.6% retracement of the depreciating range from 1763.93 to 1493.28. Traders are waiting to see how ETH/USD will react around the 1666.36 area, representing the 50% retracement of the depreciating range from 1976.72 to 1356. Stops were elected above various retracement levels during the recent recovery higher, including the 1633.50 area that represents the 61.8% retracement of the depreciating range from 1805.03 to 1356. Stops were elected below many downside retracement levels during the depreciation earlier this week, including 1773.22, 1747.24, 1722.31, 1702.67, 1656.37, 1607.31, 1585.49, and 1540.52. If ETH/USD extends its recent depreciation, potential technical support includes 1328.99, 1285.87, and 1205.96. Stops were also recently elected above the 1930.40, 1957.36, and 2017.05 levels during the appreciation, areas related to historical buying pressure around the 215.16, 370.50, and 176.43 areas. Stops were also recently elected above upside price objectives including the 1711.20, 1716.45, 1733.12, 1750.63, and 1805.21 levels, upside price objectives were technically significant on account of buying pressure that originated around the 148.08, 310.79, 439.77, and 123.72 areas. If ETH/USD is able to extend its upward gains, additional upside price objectives include the 2080.48, 2134.98, 2150.66, and 2210.42 levels. Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly). Price activity is nearest the 200-bar MA (4-hourly) at 1621.34 and the 50-bar MA (Hourly) at 1602.01. Technical Support is expected around 1328.99/ 1285.87/ 1205.96 with Stops expected below. Technical Resistance is expected around 2080.48/ 2134.98/ 2150.66 with Stops expected above. On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage. On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage. Disclaimer: This trading analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. 605 202eth
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2:01 PM
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DOGE Price Analysis: Rebound on DOGE/USD to $0.0627, El... The cryptocurrency market is on a gradual recovery after experiencing one of the most significant breakdowns since January, BTC recovered to trade past $50k. On Jan. 29, Dogecoin had a flash rally to $0.10 when it attracted attention from r/Wallstreetbets. DOGE’s subsequent uptrend was stalled at $0.09 after Elon Musk slammed DOGE’s rich list. Dogecoin […] The post DOGE Price Analysis: Rebound on DOGE/USD to $0.0627, Elon Musk Pushes Dogecoin on Twitter Again appeared first on Latest Crypto News. DOGE Price Analysis: Rebound on DOGE/USD to $0.0627, Elon Musk Pushes Dogecoin on Twitter Again was first posted on February 24, 2021 at 2:15 pm.©2021 "Latest Crypto News". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at [email protected] 600 200doge
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24 Feb
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