Litecoin, Dogecoin, ChainLink: Price Analysis
The cryptocurrency market has been moving sideways for a while as the momentum has decreased and the bearish and bullish momentum has been brief till now with no major changes in the past few days.
Litecoin [LTC]
The seventh-largest cryptocurrency in the market, Litecoin has been trading at $46.26, while the immediate resistance was marked at $51.05 and support at $41.68. However, as the chart indicates the coin’s price has been limited to this range for the past couple of weeks, and the price has not broken out of it yet. Despite being in an upward trend, LTC has been noticing a price reversal trend.
This was confirmed by the Awesome Oscillator indicator.
Even though the AO crossed over the zero line, the short term momentum was minimal as noted previously and this trend can change anytime.
Irrespective of the digital asset’s price, the coin has been making strides in terms of adoption. According to a crypto expert, Sydney Ifergan, there has been an increased number of businesses that have now started to accept Litecoin.
Read the full topic at
https://eng.ambcrypto.com/litecoin-dogecoin-and-chainlink-price-analysis-8-june/
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Litecoin [LTC]
The seventh-largest cryptocurrency in the market, Litecoin has been trading at $46.26, while the immediate resistance was marked at $51.05 and support at $41.68. However, as the chart indicates the coin’s price has been limited to this range for the past couple of weeks, and the price has not broken out of it yet. Despite being in an upward trend, LTC has been noticing a price reversal trend.
This was confirmed by the Awesome Oscillator indicator.
Even though the AO crossed over the zero line, the short term momentum was minimal as noted previously and this trend can change anytime.
Irrespective of the digital asset’s price, the coin has been making strides in terms of adoption. According to a crypto expert, Sydney Ifergan, there has been an increased number of businesses that have now started to accept Litecoin.
Read the full topic at
https://eng.ambcrypto.com/litecoin-dogecoin-and-chainlink-price-analysis-8-june/
Follow me on
Twitter: https://twitter.com/cryptoexpert20
If you wont me to post your cryptocurrency article on my blog From the link
https://www.fiverr.com/cryptoexpert20/post-your-cryptocurrency-article-on-my-blog
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