{"id":197940,"date":"2021-11-07T18:00:10","date_gmt":"2021-11-07T12:30:10","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=197940"},"modified":"2021-11-07T17:39:48","modified_gmt":"2021-11-07T12:09:48","slug":"solana-litecoin-cosmos-price-analysis-07-november","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/solana-litecoin-cosmos-price-analysis-07-november\/","title":{"rendered":"Solana, Litecoin, Cosmos Price Analysis: 07 November"},"content":{"rendered":"

At press time, most of the alts were trading in green in the last 24 hours. Altcoins like Solana, Litecoin, and Cosmos saw daily gains while their near-term technical indicators flashed mixed signals. <\/span>After following a month-long bullish trajectory, Solana struck its ATH and showed signs of easing bullish momentum.<\/span><\/p>\n

Whereas alts like Litecoin and Cosmos showed signs of revival as their technicals pointed at easing bearish momentum.<\/span><\/p>\n

Solana (SOL)<\/span><\/strong><\/h3>\n
\"\"<\/a>
TradingView, SOL\/USD<\/figcaption><\/figure>\n

Since 6 October, the SOL price action was northbound after undertaking a bullish trajectory and oscillated between the parallel lines. The ‘smart contract platform’ registered a staggering 64.4% and 31.2% monthly and weekly ROI, respectively.<\/span><\/p>\n

Consequently, the price marked higher highs and ruptured the upper trendline to strike its ATH at $255.9950. After this, it witnessed a slight pullback as the near-term indications pointed at easing bullish influence. If the bears can demonstrate sustained pressure, the price may see a correction by falling back into the trend. At press time, SOL traded at $251.12.<\/span><\/p>\n

The\u00a0<\/span>RSI\u00a0<\/span><\/strong>dipped from the overbought region to the 62-mark. This plunge notably depicted easing bullish momentum. Additionally,\u00a0<\/span>MACD<\/span><\/strong>\u00a0and the\u00a0<\/span>AO\u00a0<\/span><\/strong>histograms displayed red signals and reaffirmed the decreasing buying power. Moreover,\u00a0<\/span>DMI\u00a0<\/span><\/strong>lines continued to prefer the buyers, but their directional tendencies reiterated the decreasing bullish strength. <\/span><\/p>\n

Litecoin (LTC)<\/span><\/strong><\/h3>\n
\"\"<\/a>
TradingView, LTC\/USDT<\/figcaption><\/figure>\n

Since the beginning of October, LTC bulls displayed their vigor as the price rallied by nearly 29% to hit its five-week high on 21 October. After which, the price-action witnessed a blip as it fell to its two-week low at $171.1. <\/span>Since then, the bulls were again keen on sustaining pressure as the price registered an 8.31% gain over the past ten days. On the other hand, LTC bears have shown resistance at the $203-mark.<\/span><\/p>\n

The near-term technical indicators obliged the above observations by flashing a preference for increased buying strength. At press time, the altcoin traded at $198.5.<\/span><\/p>\n

The\u00a0<\/span>RSI\u00a0<\/span><\/strong>saw a surge in the last 24 hours, depicting an increasing buying strength. Additionally, the\u00a0<\/span>AO\u00a0<\/span><\/strong>and<\/span>\u00a0MACD\u00a0<\/span><\/strong>readings affirmed the previous analysis. <\/span>However, the ADX<\/strong> stood at the 10-mark, indicating a profoundly weak directional trend.<\/span><\/p>\n

Cosmos (ATOM)<\/span><\/strong><\/h3>\n
\"\"<\/a>
TradingView, ATOM\/USDT<\/figcaption><\/figure>\n

After hitting its one-month high on 27 October, ATOM witnessed a pullback and registered a 2.7% loss on its weekly charts. <\/span>The bears gathered momentum, as confirmed by the 4-hour 20-50\u00a0<\/span>SMA. <\/span><\/strong>As a result, the price touched its two-week low on 6 November at the $34-mark. Since then, ATOM bulls have shown signs of revival as the near-term readings hint at decreasing selling strength.\u00a0<\/span><\/p>\n

The altcoin traded at $36.00 after noting a 1.52% gain in the last 24 hours.<\/span><\/p>\n

The\u00a0<\/span>RSI\u00a0<\/span><\/strong>surged by 10 points over the last day as it headed towards the midline. Furthermore, the\u00a0<\/span>AO\u00a0<\/span><\/strong>flashed green signals as it approached the zero line. However, the\u00a0<\/span>DMI\u00a0<\/span><\/strong>lines showed a continued preference for the sellers with significantly weak directional trends.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

At press time, most of the alts were trading in green in the last 24 hours. Altcoins like Solana, Litecoin, and Cosmos saw daily gains while their near-term technical indicators flashed mixed signals. After following a month-long bullish trajectory, Solana struck its ATH and showed signs of easing bullish momentum. Whereas alts like Litecoin andContinue reading “Solana, Litecoin, Cosmos Price Analysis: 07 November”<\/span><\/a><\/p>\n","protected":false},"author":55,"featured_media":197949,"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-197940","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":"\nSolana, Litecoin, Cosmos Price Analysis: 07 November - AMBCrypto<\/title>\n<meta name=\"description\" content=\"At press time, most of the alts were trading in green in the last 24 hours. 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