Further Trends on Altcoin Markets: Litecoin, DASH, ETH

Further Trends on Altcoin Markets: Litecoin, DASH, ETH

Which resistance levels will be decisive for the weekly LTC/USD, ETH/USD and DASH/USD trends? It’ll be those, where the trends are most likely to change direction. One of the predicted scenarios of Litecoin’s price development has played out during this week. $3.25 was a key resistance level, which was broken through and then held by the sellers, after which the price formed a downward trend. Currently the weekly trend is heading downward. The LTC/USD price is recoiling after a downward trend.


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Altcoin Weekly: Dogecoin, DASH And ETH Are Growing But Neucoin Falls

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December promises to be rich in a variety of news that can affect the Litecoin price. Similarly next week on the cryptocurrency market promises to be very eventful and interesting. We have already seen the dynamics of the Litecoin price last week – its sharp move from $3 to $3.80, and its corrections from $3.80 to $3.50. It’s a beautiful picture for a trader as they can earn both on price growth and its correction. Can Litecoin can stay at $3.50? Not sure, probably it will go down to $3.20 or below. Bitcoin is now on a downward trend, so the connection LTC/BTC 0.01 is abandoned, and....