Litecoin Price Prediction: LTC/USD Facing the Ultimate Make or Break Test at $42

LTC Price Prediction – April 4

LTC/USD is currently facing the ultimate breakout dilemma; would the breakout rally to $50 or a breakdown to $30?

LTC/USD Market

Key Levels:

Resistance levels: $50, $52, $54

Support levels: $30, $28, $26

LTCUSD – Daily Chart

LTC/USD has mainly underperformed since recovery was staged from the lows posted a few weeks ago. While the price crash has been devastating for traders, the LTC/USD recovery has not occurred compared to other major cryptocurrencies in the market. On the other hand, Litecoin only succeeded in testing the resistance at $43 without much success.

Meanwhile, at the time of writing, LTC/USD is trading at $40.37 where the intraday bullish action may close in this range but may likely test the resistance level of $41 before the end of trading today. The price is also moving above the 9-day and 21-day MAs whose breakout could be the … Read more

Litecoin Price Prediction: LTC/USD Will Only Move Higher If $40 Is Broken

LTC Price Prediction – April 2

The Litecoin (LTC) price records gain of almost 1.5%, as the coin is seen approaching the $40 level.

LTC/USD Market

Key Levels:

Resistance levels: $48, $50, $52

Support levels: $30, $28, $26

LTCUSD – Daily Chart

LTC/USD is trading in the green in today’s session, trading above the 9-day and 21-day moving averages with a gain of 1.45%. The Litecoin bulls broke out from a narrow range-block formation as the price action is capped to the upside at $39 and supported the downside at $36, within tight conditions.

However, a few days ago, the Litecoin (LTC) price was trapped in an incredible narrow trading range after the bullish rally has failed to materialize several times. LTC/USD has failed to clear the hurdles towards the resistance level of $45. Instead, the bears are making an effort to force their way back to the $35 support … Read more

Bitcoin Cash Price Prediction: BCH/USD Price Follows the Sideways Movement as the Coin Holds $220 Level

BCH Price Analysis – March 31

The daily chart reveals that the Bitcoin Cash seems to be caught between the bull and the bear as the price of the cryptocurrency fluctuates in sideways.

BCH/USD Market

Key Levels:

Resistance levels: $275, $295, $315

Support levels: $155, $135, $115

BCHUSD – Daily Chart

BCH/USD has been showing an uneven movement with several falls more than rises and it has not been able to maintain a consistent bullish run. More so, BCH/USD may continue to show some signs of a downward movement slowly till the latter part of the day. Meanwhile, for the past few days, the market has been forming a pattern where the day begins with either having an uptrend or downtrend, but towards the end, it reverses.

Looking at the daily chart, BCH/USD price has continued to consolidate itself in a flag formation, waiting for a cross below the 9-day … Read more

Ripple Price Prediction: XRP/USD Looks to Consolidate Its Position Below the $0.16 Zone

XRP Price Prediction – March 29

The Ripple price is floating within the channel as the price has been making an effort to break past the upward trend line.

XRP/USD Market

Key Levels:

Resistance levels: $0.20, $0.22, $0.24

Support levels: $0.15, $0.13, $0.11

XRPUSD – Daily Chart

A few days ago, XRP/USD had a bullish breakout from a flag formation as it looks to consolidate its position below the $0.18 level. Yesterday, the price has gone up from $0.17 to $0.18 before giving a bearish signal today. At the time of writing, the coin is floating around the upper limit of the channel as the RSI (14) indicator moves around 46-level. The daily breakdown shows that the intraday support and resistance lie between $0.16 and $0.18 respectively.

Moreover, XRP/USD has continued to demonstrate a sign of weakness across its markets. The daily chart reveals that the coin is down with … Read more

Ethereum Price Prediction: ETH/USD Consolidates Under $140 Before Moving Up Higher

ETH Price Prediction – March 27

The Ethereum price is making an attempt to lift off to levels above $160 but fundamentals keep lagging behind.

ETH/USD Market

Key Levels:

Resistance levels: $170, $175, $180

Support levels: $100, $95, $90

ETHUSD – Daily Chart

ETH/USD is seen moving in a tight range. Ethereum, the second-largest digital asset with the current market value of $15.10 billion, early this morning, tested above $142 level before retreating to the current level of $136.41. According to the daily chart, the Ethereum price is seen trading under the key resistance of $140 zone.

Moreover, as the price moves within the chart, the downside is strongly protected at $135 level. Nevertheless, the bulls are still in control of the market movement but the main goal is to step above the 9-day and 21-day moving averages and sustain gains above $150. At the time of writing, ETH/USD has … Read more