With Bitcoin failing to break above key levels for the second time in the last two days, two outcomes were possible for the broader cryptocurrency market moving forward. If BTC manages to break above $40K-42K, most alts would register sharp gains along with the king coin. On the other hand, BTC’s retracement back towards $35,000Continue reading “Polkadot, Litecoin, Chainlink Price Analysis: 25 May”
By Saif NaqviTag Archives: LTC
While Bitcoin traded between $36,000-$38,000, most alts adopted a wait and a watch strategy before making sharp moves. Large-cap alts such as Litecoin, Bitcoin Cash and Polkadot followed a similar pattern but held on to key support regions at the time of writing. Litecoin [LTC] At the time of writing, Litecoin traded at $165, downContinue reading “Litecoin, Bitcoin Cash, Polkadot Price Analysis: 23 May”
By Saif NaqviLitecoin jumped above key resistance at $295. Solana presented some target levels via the Fibonacci tool but stabilization could take place before the next leg upwards. Finally, Ethereum needed to hold on to $3,200-support to avoid a sell-off towards $2,790. Litecoin [LTC] On the 4-hour timeframe, Litecoin made a crucial recovery above its 200-SMA (green)Continue reading “Litecoin, Solana, Ethereum Price Analysis: 18 May”
By Saif NaqviWhen the altcoin bloodbath went down over the weekend, following Bitcoin’s plunge, Binance Coin, Litecoin and Bitcoin Cash ended up being the most affected altcoins in the top 20. The prices of these 3 altcoins have plunged by double digits. However, this means that these altcoins have consolidated and are in the buy zone. What’sContinue reading “Binance Coin, Litecoin and Bitcoin Cash: These alts are ideal for this move by traders”
By Ekta MouryaYFI’s technicals suggested that the cryptocurrency possessed bullish strength to sustain its rally. VeChain was projected to move sideways within a fixed channel. Lastly, Litecoin traded within $330-$300 – an area that needed to be defended against bearish pressure. YFI Year-to-date gains of 210% may be modest when compared to some other alts in theContinue reading “YFI, VeChain, Litecoin Price Analysis: 16 May”
By Saif NaqviLitecoin trimmed its losses between $300-$330, but the spotlight would likely remain within this zone. IOTA bulls were required to defend the $1.63-support to avoid a breakdown from a descending triangle. Finally, a green candle would likely see the market’s bulls retain control of AAVE over the short term. Litecoin [LTC] Large cap alts, includingContinue reading “Litecoin, IOTA, Aave Price Analysis: 14 May”
By Saif NaqviBinance Coin’s breakout was halted post a broader market dip. Cardano could see a downtrend towards $1.01 in an extended bearish scenario. Finally, Litecoin needed to defend $330-300 to avoid a breakdown towards its 200-SMA. Binance Coin [BNB] Although Binance Coin did seem to break north from a cup and handle pattern, targets mentioned inContinue reading “Binance Coin, Cardano, Litecoin Price Analysis: 11 May”
By Saif NaqviLitecoin could claim the region above $400 before a correctional period. Uniswap needed to maintain $38 support to avoid a sharp sell-off. Finally, Ethereum Classic could see another price swing if consolidation took place over the coming days. Litecoin [LTC] Litecoin’s year-to-date gains of over 200% have been somewhat consistent when compared to other largeContinue reading “Litecoin, Uniswap, Ethereum Classic Price Analysis: 10 May”
By Saif NaqviAave needed to defend $430-support from an extended sell-off. Chainlink traded within a down channel and a bounce back from $45.6-44.2 could lead to a northbound breakout. Finally, Litecoin’s uptrend needed some stabilization to continue its trajectory. Aave [AAVE] Buyers stepped in around $310-315 and drove Aave’s value by over 60% between April 25 andContinue reading “Aave, Chainlink, Litecoin Price Analysis: 07 May”
By Saif NaqviUniswap found support at the 200-SMA and some buying activity was noted around the $40-mark. Bitcoin SV bounced back from $341 after a minor pullback but this area would need to be defended once again. Lastly, Litecoin presented mixed signals at the time of writing. A bullish outcome would see LTC rise north of $300,Continue reading “Uniswap, Bitcoin SV, Litecoin Price Analysis: 04 May”
By Saif NaqviLitecoin inched closer toward the upper ceiling at $280, but this area was likely to be defended by the bears. Polkadot recaptured the 50% Fibonacci level at $37 and some buying was expected moving forward. Lastly, Cardano needed to make some more ground before a breakout above $1.47. Litecoin [LTC] Litecoin attempted to recapture theContinue reading “Litecoin, Polkadot, Cardano Price Analysis: 03 May”
By Saif NaqviEven though Bitcoin traded below $57,000 at the time of writing, a comeback above $60K was expected in the coming days. Meanwhile, alts such as Bitcoin SV, Litecoin and Polkadot remained below major resistance points and awaited bullish cues from the broader market to surge on their respective charts. Bitcoin SV [BSV] Bitcoin SV’s priceContinue reading “Bitcoin SV, Litecoin, Polkadot Price Analysis: 02 May”
By Saif Naqvi