Daily Altcoin Price Analysis: Litecoin, Peercoin and Neucoin in stagnation, while DASH, ETH And Dogecoin Face Corrections

Daily Altcoin Price Analysis: Litecoin, Peercoin and Neucoin in stagnation, while DASH, ETH And Dogecoin Face Corrections

Litecoin price is in a corrective stage after a recent deep falling. The price move stopped at about $3, and wants to make an ascending movement to 3.20. However, it won’t be easy, as it must first break through the level of $3.10, but the triangle of the technical analysis presses it down to $2.90. Now it can only hope for Bitcoin to rise as LTC:BTC exchange rates can't overcome the level of 0.008 anyway. DASH continues its correctional movement as well. The next target is the level of 0.01. The movement is strong therefore soon it is hardly worth expecting the price going higher than....

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Daily Altcoin Price Analysis: Litecoin, Dogecoin, Peercoin, Neucoin Stay Stable while DASH and ETH Jump Up

Litecoin hasn’t seen such a low position since a long time ago. The cryptocurrency again reached the habitual level of $3. And we remember that fluctuations of Litecoin price around the level of $3 can stick for a long time. Now the market is pessimistic. Falls also on the LTC:BTC exchange rates, having again moved lower than 0.008. It seems that traders aren’t in a hurry to move to Litecoin while Bitcoin is facing problems. However, levels below $3 looks attractive to purchase, and a price of $2.80 - $2.90 is perfect to place buy orders, while sales are worth it at a level of $3.20.

Daily Altcoin Price Analysis: Litecoin, Dash, Dogecoin, Ethereum, Peercoin

The Litecoin price continues to fall from about $3.60 to $3.50 and below. The pressure from the Bitcoin price corrections from the level of $380 has a major influence on the LTC/BTC pair, the ratio was established at the level of 0.095 and shows a trend for further reduction. We need to consider the behavior of Bitcoin (whether it is going to test $420), but the focus is on the pair LTC/BTC. By looking at the two-weeks chart and today we understand that there are no reason to buy Litecoin right now. DASH hasn’t changed its position greatly since yesterday. Now it’s in a downtrend and at....

Daily Altcoin Analysis: Litecoin, Dash, Dogecoin, Ethereum, Peercoin

Yesterday, I advised our readers to sell Litecoin at $3.50, and did Litecoin show a double top by touching $3.80? Those who have followed my advice will be able to close the deal with a profit at $3.40. Most likely, this will happen this week, because now the price is rolling down from $3.60. Congratulations to those who sold their coins today for $3.80. This level is significant as an important achievement of Bitcoin price of $380, and as the descent from 0.01 ratio between LTC/BTC pair. How deep will the descent be? It was 0.99 LTC/BTC yesterday and 0.95 LTC/BTC today.

Daily Altcoin Price Analysis: Litecoin, Dogecoin, Peercoin are stable, ETH and DASH grow before new falling

Bitcoin went a down from $360 to $350 and LTC/BTC pair exchange rate in the same time reacted with small growth from 0.092 to 0.094. As a result, Litecoin got stuck between the levels of $3.20 and 3.40 in the narrowed triangle. Bitcoin continues a downtrend, while at the Chinese exchanges, Litecoin reaches an important level of 21.5 yuans. If this level isn’t withheld, we may see the price of $3.20 and below soon, or even $3. The movement up is possible only if some good news on cryptocurrencies will arise. DASH continues its success — trading volume has grown, and yesterday, the price....

Daily Altcoin Price Analysis: Breeze on the Cryptocurrency Market

Litecoin is still standing between two price levels of $3.50 and 3.80, somewhere near $3.60. It seems that situation would only change when the Bitcoin price moves away from $450. DASH bottomed out at a price of 0.056, having lost about 6% in a day. If the Bitcoin price moves up, DASH would probably move to another bottom, but Bitcoin price corrections will give DASH a chance to make a new start from this level. Dogecoin resists the inevitable, holding its price at the level of 30 Satoshi. Last night the price even fell down to 28 Satoshi, so it is not the best idea to place buy orders at....