{"id":136962,"date":"2021-01-18T00:30:38","date_gmt":"2021-01-17T19:00:38","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=136962"},"modified":"2021-01-17T15:35:59","modified_gmt":"2021-01-17T10:05:59","slug":"litecoin-vechain-ethereum-classic-price-analysis-17-january","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/litecoin-vechain-ethereum-classic-price-analysis-17-january\/","title":{"rendered":"Litecoin, VeChain, Ethereum Classic Price Analysis: 17 January"},"content":{"rendered":"<p>Litecoin struggled to break above its current resistance, and sellers pushed prices towards $133.03 support. VeChain retested $0.026 and moved lower as buyers struggled to maintain control of the price while ETC traded within a restricted channel and relied on broader market cues for its path forward.<\/p>\n<h4>Litecoin [LTC]<\/h4>\n<figure id=\"attachment_136995\" aria-describedby=\"caption-attachment-136995\" style=\"width: 1828px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/LTC-7.png\"><img decoding=\"async\" class=\"wp-image-136995 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/LTC-7.png\" alt=\"\" width=\"1828\" height=\"902\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/LTC-7.png 1828w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/LTC-7-300x148.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/LTC-7-1024x505.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/LTC-7-768x379.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/LTC-7-1536x758.png 1536w\" sizes=\"(max-width: 1828px) 100vw, 1828px\" \/><\/a><figcaption id=\"caption-attachment-136995\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/in.tradingview.com\/symbols\/LTCUSD\/\">LTC\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p>Most of <a href=\"https:\/\/ambcrypto.com\/tag\/ltc\/\">Litecoin&#8217;s<\/a> gains since the start of the month were negated after Bitcoin&#8217;s correction dragged LTC towards its $124.7 support. In fact, LTC&#8217;s weekly fall of over 22% was the highest among the top 10 cryptocurrencies by market cap. At the time of writing, LTC&#8217;s price was trading between $133.03 and $150.2 and seemed bearish. On the flip side, a broader market rally could boost its price above the upper ceiling and push them towards $155.5.<\/p>\n<p>The <strong>Relative Strength Index<\/strong> was moving lower from the neutral zone, a sign of the price being bearish.<\/p>\n<p>The <strong>Bollinger Band<\/strong>s indicated that the price could remain constricted over the next few sessions, as the bands were compressed.<\/p>\n<h4>VeChain [VET]<\/h4>\n<figure id=\"attachment_136996\" aria-describedby=\"caption-attachment-136996\" style=\"width: 1828px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/VET-2.png\"><img decoding=\"async\" class=\"wp-image-136996 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/VET-2.png\" alt=\"\" width=\"1828\" height=\"828\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/VET-2.png 1828w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/VET-2-300x136.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/VET-2-1024x464.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/VET-2-768x348.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/VET-2-1536x696.png 1536w\" sizes=\"(max-width: 1828px) 100vw, 1828px\" \/><\/a><figcaption id=\"caption-attachment-136996\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/in.tradingview.com\/symbols\/VETUSD\/\">VET\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p>After a breakout from the $0.026 resistance, <a href=\"https:\/\/ambcrypto.com\/tag\/vet\/\">VeChain<\/a> retested the level once again. For now, sellers seemed to be in control and the price moved back towards its $0.024 support. On the other hand, a bullish scenario could see prices head towards the next resistance mark at $0.030.<\/p>\n<p>Although the <strong>Awesome Oscillato<\/strong>r registered two points of bearishness, it indicated a potential shift of momentum towards the market bears.<\/p>\n<p>Lastly,<strong> Chaikin Money Flow<\/strong> suggested that capital inflows could keep prices from falling below their present support level.<\/p>\n<h4>Ethereum Classic [ETC]<\/h4>\n<figure id=\"attachment_136997\" aria-describedby=\"caption-attachment-136997\" style=\"width: 1828px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/ETC-4.png\"><img decoding=\"async\" class=\"wp-image-136997 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/ETC-4.png\" alt=\"\" width=\"1828\" height=\"828\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/ETC-4.png 1828w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/ETC-4-300x136.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/ETC-4-1024x464.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/ETC-4-768x348.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/01\/ETC-4-1536x696.png 1536w\" sizes=\"(max-width: 1828px) 100vw, 1828px\" \/><\/a><figcaption id=\"caption-attachment-136997\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/in.tradingview.com\/symbols\/ETCUSD\/\">ETC\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p>At press time, <a href=\"https:\/\/ambcrypto.com\/tag\/etc\/\">Ethereum Classic<\/a> was trading at $7.43, up 1.48 percent in the past 24 hours. Despite the move into green territory, ETC has been largely uneventful in the last few days. Prices have traded between a thin channel of $9.66 and $8.34, with momentum resting with neither the bulls nor the bears. The period of inactivity could perhaps be justified by slow growth in market leaders <a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\">BTC<\/a> and <a href=\"https:\/\/ambcrypto.com\/category\/ethereum-news\/\">ETH<\/a>, since the correction. A broader market trend could define a path forward for ETC, but for now, prices could continue to trade within their present channel.<\/p>\n<p>The <strong>MACD<\/strong> was bearish-neutral as the red bars stayed below the zero line.<\/p>\n<p>If the <strong>Stochastic RSI<\/strong> continued its trajectory into the oversold zone, and prices could fall and test the next support at $$7.77.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Litecoin struggled to break above its current resistance, and sellers pushed prices towards $133.03 support. VeChain retested $0.026 and moved lower as buyers struggled to maintain control of the price while ETC traded within a restricted channel and relied on broader market cues for its path forward. Litecoin [LTC] Most of Litecoin&#8217;s gains since the<a href=\"https:\/\/ambcrypto.com\/litecoin-vechain-ethereum-classic-price-analysis-17-january\/\">Continue reading <span class=\"sr-only\">&#8220;Litecoin, VeChain, Ethereum Classic Price Analysis: 17 January&#8221;<\/span><\/a><\/p>\n","protected":false},"author":37,"featured_media":136999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,4,20],"tags":[62],"class_list":["post-136962","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view","tag-ltc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Litecoin, VeChain, Ethereum Classic Price Analysis: 17 January - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Litecoin struggled to break above its current resistance, and sellers pushed prices towards $133.03 support. 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