Litecoin Price Prediction: LTC/USD Slips Below $200 Level

Litecoin Price Prediction – October 24

According to the daily chart, the Litecoin price prediction may be looking for support at $180 where the market is likely to rebound.

LTC/USD Market

Key Levels:

Resistance levels: $215, $225, $235

Support levels: $170, $160, $150

LTCUSD – Daily Chart

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For the past few days, LTC/USD has been following the bearish movement as the market price slides below the 9-day and 21-day moving averages but if the Litecoin price improves in the last hours of the day, the intraday traders may expect a positive close above the opening price of $196 level. At the time moment, the sellers keep focusing on the downside, suggesting more bearish movements for the coin.

Litecoin Price Prediction: Litecoin Price May Fall More

As reveals by the daily chart, the Litecoin price may continue to experience a downtrend if it continues to trade below the … Read more

Bitcoin Price Prediction: BTC/USD Drops Below $63,000 Level

Bitcoin Price Prediction – October 21

The Bitcoin price drop today as the cryptocurrency breaks beneath $63,000 and heads toward $62,000.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $71,000, $73,000, $75,000

Support Levels: $59,000, $57,000, $55,000

BTCUSD – Daily Chart

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BTC/USD is seen dropping with a loss of 5.03% as the cryptocurrency falls beneath the $62,500 support level to reach the daily low at $62,070. However, the daily chart reveals that $62,000 is a very important area as it provided strong resistance for the market a couple of days ago; therefore, it is expected to provide strong support moving forward.

Bitcoin Price Prediction: Bitcoin Price Could Fall More

The Bitcoin price is currently trading towards the 9-day moving average within the channel. However, a break below this trend line could cause Bitcoin to revisit toward the $62,000 level. However, the king coin is in … Read more

5 Best Cryptocurrency To Buy For The Weekend Rally October 2021 Week 4

The cryptocurrency market is cooling off a little after this week’s exuberance. It’s down by 1% in the past 24 hours, with bitcoin (BTC) and most major coins falling by comparable percentages. However, with overall sentiment remaining largely bullish, it’s likely that the rally could kick off again soon. Accordingly, we’ve compiled a list of the 5 best cryptocurrency to buy for the weekend rally. While these coins all have a very good chance of jumping in the next few days, they also have great long-term potential.

5 Best Cryptocurrency To Buy For The Weekend Rally

1. Bitcoin (BTC)

BTC is down after hitting a new all-time high this week. At $63,736, it has sunk by 3% in the past 24 hours. That said, it’s up by 11% in the past week, and by 58% in the past month.

As its 30-day moving average (red) shows, BTC is still in … Read more

Bitcoin Price Prediction: BTC/USD Retraces Below $66,000

Bitcoin Price Prediction – October 21

The Bitcoin price indicates bearish momentum as further upside got rejected and bullish momentum has been lost.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $70,000, $72,000, $74,000

Support Levels: $58,000, $56,000, $54,000

BTCUSD – Daily Chart

Buy Bitcoin Now

At the time of writing, BTC/USD is hovering at $62,599. There have been instances when BTC has exchanged hands below $63,000 sustaining the bearish price action is a downhill task. At the time of writing, the path of least resistance is still downwards and the daily chart shows that the formation of a bearish may come to play.

Bitcoin Price Prediction: BTC Fails at Crucial Resistance

Looking at the technical indicator Relative Strength Index (14) is leaving the overbought region; with the look of things, the Bitcoin price is not yet done with the upside but despite the drop suffered today, the … Read more

Crypto Analyst says Bitcoins Bubble has not yet been formed

Bitcoin’s price since the beginning of October has been on a major upswing. Developments across the market, such as growing institutional adoption and the launch of a Bitcoin exchange-traded fund (ETF), are among the factors attributed to these gains.

Despite gaining by almost 100% since the lows of $30K reported in late July, one analyst still believes that Bitcoin has not yet entered into a “bubble”, predicting more gains to come.

The Real BTC Bubble is not here

According to an analyst on Twitter who goes by the handle venturefoundEr, investors are yet to see the real Bitcoin bubble.

“Bubbles form when the momentum of short-term returns attracts enough money that the makeup of investors shifts from mostly long-term to mostly short-term,” he wrote. This could add to the argument that the current bull market has been inspired by institutional investors and that retail investors have yet to join the … Read more