{"id":162236,"date":"2021-06-05T20:00:52","date_gmt":"2021-06-05T14:30:52","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=162236"},"modified":"2021-06-05T17:35:53","modified_gmt":"2021-06-05T12:05:53","slug":"litecoin-filecoin-dash-price-analysis-5-june","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/litecoin-filecoin-dash-price-analysis-5-june\/","title":{"rendered":"Litecoin, Filecoin, Dash Price Analysis: 5 June"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The global crypto-market cap, at press time, was $1.78 trillion and saw a 5.4% increase over the last 24 hours. With Bitcoin\u2019s price inching up, alts like <\/span><span style=\"font-weight: 400;\">Litecoin<\/span><span style=\"font-weight: 400;\">, Filecoin, and Dash, too, noted slight price recovery.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After the fall in the price of Litecoin, <\/span><span style=\"font-weight: 400;\">Filecoin<\/span><span style=\"font-weight: 400;\">, and Dash between 18 and 20 May, their prices were seen consolidating between restricted ranges. However, Filecoin\u2019s price saw a hike on 3 June, while the other two still fluctuated between their latest support and resistance levels at the time of writing.\u00a0\u00a0<\/span><\/p>\n<p><b>Litecoin [LTC]<\/b><\/p>\n<figure id=\"attachment_162240\" aria-describedby=\"caption-attachment-162240\" style=\"width: 1783px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LTC5_06.png\"><img decoding=\"async\" class=\"wp-image-162240 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LTC5_06.png\" alt=\"\" width=\"1783\" height=\"859\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LTC5_06.png 1783w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LTC5_06-300x145.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LTC5_06-1024x493.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LTC5_06-768x370.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LTC5_06-1536x740.png 1536w\" sizes=\"(max-width: 1783px) 100vw, 1783px\" \/><\/a><figcaption id=\"caption-attachment-162240\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/LTCUSDT\/\">LTC\/USDT<\/a> on TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">After <\/span><span style=\"font-weight: 400;\">Litecoin<\/span><span style=\"font-weight: 400;\">\u2019s price fell by almost 47% in just one day around 19 May, the asset was seen fluctuating between the $171 support and $198 resistance marks. On the 4-hour chart, short-bodied candlesticks represented a period of consolidation for the asset.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Litecoin was ranked 14th on CoinMarketCap and was trading at $183, at press time, with a 24-hour trading volume of $3.8 billion. The <\/span><b>Relative Strength Index <\/b>was in<span style=\"font-weight: 400;\"> the neutral zone and suggested equal pressure between buyers and sellers. At press time, the indicator was creeping slightly above the neutral line. However, since the trend was not dominant a reversal from the faintly dominant buying pressure to moderately dominant selling pressure could be expected.<\/span><\/p>\n<p>The<b> Awesome oscillator,<\/b><span style=\"font-weight: 400;\"> after a moderate bullish trend from the beginning of June, crept into a faintly bullish trend at press time. However, if the price falls further down, the trend can become dominantly bullish.\u00a0<\/span><\/p>\n<p><b>Filecoin [FIL]<\/b><\/p>\n<figure id=\"attachment_162241\" aria-describedby=\"caption-attachment-162241\" style=\"width: 1783px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/zjoGC25C.png\"><img decoding=\"async\" class=\"wp-image-162241 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/zjoGC25C.png\" alt=\"\" width=\"1783\" height=\"860\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/zjoGC25C.png 1783w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/zjoGC25C-300x145.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/zjoGC25C-1024x494.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/zjoGC25C-768x370.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/zjoGC25C-1536x741.png 1536w\" sizes=\"(max-width: 1783px) 100vw, 1783px\" \/><\/a><figcaption id=\"caption-attachment-162241\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/FILUSD\/\">FIL\/USD,<\/a> TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">After Filecoin\u2019s price fell by almost 50% over the past month, the crypto-asset sought support around the $64-mark. Its price was consolidating between $64 support and $75.5 resistance levels before breaking the resistance and finding the new resistance at the $92 mark.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The asset&#8217;s <\/span><a href=\"https:\/\/messari.io\/asset\/filecoin\/metrics\"><span style=\"font-weight: 400;\">ROI<\/span><\/a><span style=\"font-weight: 400;\"> over the past 7 days v. USD was up by almost 34% and the coin was ranked 23 on CoinMarketCap. <\/span><b>Bollinger Bands<\/b><span style=\"font-weight: 400;\"> for Filecoin showed divergence since 3 June, with the same noting signs of increased price volatility. The asset\u2019s price went up by almost 33.6% over that time period.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The candles, at press time, clung close to the resistance level and tested the $92-mark multiple times. If the price crosses this resistance level, the next prominent level will be at $122. The <\/span><b>Relative Strength Index <\/b><span style=\"font-weight: 400;\">for Filecoin highlighted that the asset was in the overbought zone and a market correction may happen. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, the indicator registered a slight downward movement, one which highlighted that selling pressure might take precedence if the indicator keeps moving in that direction.\u00a0\u00a0<\/span><\/p>\n<p><b>Dash [DASH]<\/b><\/p>\n<figure id=\"attachment_162242\" aria-describedby=\"caption-attachment-162242\" style=\"width: 1783px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/kIUnsgo5.png\"><img decoding=\"async\" class=\"wp-image-162242 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/kIUnsgo5.png\" alt=\"\" width=\"1783\" height=\"749\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/kIUnsgo5.png 1783w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/kIUnsgo5-300x126.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/kIUnsgo5-1024x430.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/kIUnsgo5-768x323.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/kIUnsgo5-1536x645.png 1536w\" sizes=\"(max-width: 1783px) 100vw, 1783px\" \/><\/a><figcaption id=\"caption-attachment-162242\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/DASHUSD\/\">DASH\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Dash\u2019s price has been oscillating between the $172 support and $217 resistance marks after the price fall on 19 May. The alt&#8217;s price movement was restricted and volatility was low during this period. At press time, the asset was trading at $192, and its price noted a 2.05% drop over the past week.\u00a0<\/span><\/p>\n<p>The<b> Parabolic SAR <\/b><span style=\"font-weight: 400;\">for Dash showed that a bearish trend had gained momentum since 3 June. This corresponded with the <\/span><b>MACD indicator <\/b><span style=\"font-weight: 400;\">which saw a bearish crossover at the same time. At press time, the MACD lines moved in a close range to each other and suggested that even though the ongoing trend was bearish, a faint bullish crossover might be in store for the asset. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, the general trend for Dash was bearish with constricted price movement.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global crypto-market cap, at press time, was $1.78 trillion and saw a 5.4% increase over the last 24 hours. With Bitcoin\u2019s price inching up, alts like Litecoin, Filecoin, and Dash, too, noted slight price recovery.\u00a0 After the fall in the price of Litecoin, Filecoin, and Dash between 18 and 20 May, their prices were<a href=\"https:\/\/ambcrypto.com\/litecoin-filecoin-dash-price-analysis-5-june\/\">Continue reading <span class=\"sr-only\">&#8220;Litecoin, Filecoin, Dash Price Analysis: 5 June&#8221;<\/span><\/a><\/p>\n","protected":false},"author":42,"featured_media":162243,"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":[70],"class_list":["post-162236","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-litecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Litecoin, Filecoin, Dash Price Analysis: 5 June - AMBCrypto<\/title>\n<meta name=\"description\" content=\"After Litecoin\u2019s price fell by almost 47% in just one day around 19 May, the asset was seen fluctuating between the $171 support and $198...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/litecoin-filecoin-dash-price-analysis-5-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Litecoin, Filecoin, Dash Price Analysis: 5 June - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"The global crypto-market cap, at press time, was $1.78 trillion and saw a 5.4% increase over the last 24 hours. 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