• Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
Newsletter
Crypto Hoarding
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
Crypto Hoarding
No Result
View All Result
Home Litecoin

Ethereum, Litecoin Price Prediction – ETH Returns Below $4000, LTC Returns Below the 200 Daily SMA – Forex News by FX Leaders – FX Leaders

Admin by Admin
October 27, 2021
in Litecoin
0
Ethereum, Litecoin Price Prediction – ETH Returns Below $4000, LTC Returns Below the 200 Daily SMA – Forex News by FX Leaders – FX Leaders
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The crypto market has been on a bullish run during most of October, in line with the improved sentiment. BITCOIN broke above the all-time high of $65,000, which was a major psychological barrier, improving the sentiment further and pulling the rest of the market up with it. But, the last few trading sessions have been negative for cryptocurrencies, with Bitcoin retreating below $60,000. Ethereum and Litecoin have also retreated, and they have entered the neutral zone again, so this might be the beginning of a bearish phase for them, let’s have a look.

Ethereum Daily Chart Analysis – ETH Fails at ATH of $3,380

falls below $4,000

Related articles

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

July 6, 2022
Litecoin shoots up by 4,620% – Not price, but… – AMBCrypto News

Litecoin shoots up by 4,620% – Not price, but… – AMBCrypto News

July 4, 2022
ETH/USD falls below $4,000 again

Ethereum has been showing strength since the end of July, when the major bearish period ended in the crypto market. It even brushed off the pullback in September and progressed higher, moving above the big round level at $4,000, which is an important psychological level for Ethereum.

Moving averages have been doing a good job as support indicators, and ETH/USD has challenged the all-time high (ATH) at $3,380. Buyers failed to take that level out, which showed that it remains a strong resistance zone, although the price was not retreating lower – in fact, it was trading close to that level.

Today, we are seeing a retreat in the market, and Ethereum has fallen below $4,000. After the bullish momentum and the rejection at the ATH, Ethereum might enter a bearish retracing period before the next bullish leg. If that’s the case, we will look to buy this crypto at the 100 SMA (green) above $3,000, but let’s first see if sellers are strong enough to send the price down there.

Litecoin Daily Chart Analysis – Is the Bullish Momentum Over?

Will the 200 SMA hold as support for Litecoin?

As we have often mentioned recently, Litecoin was trading in a range below the 200 SMA (purple) on the daily chart for quite some time. The first two breaks above it turned out to be fake-outs as the price returned below them pretty fast, while this time the break seemed more sustainable.

This moving average has even turned into support during the last few days, confirming the breakout. The price started to bounce off this level, but today we saw a quick bearish reversal in the crypto market, after a $500 million Bitcoin liquidation. So, we’re back below the 200 SMA, which would be quite bearish for Litecoin, but the price is beginning to pull back up now, and if the daily candlestick closes above the 200 SMA, that would be a positive sign. Otherwise, LTC/USD might fall to $150.

Share76Tweet47

Related Posts

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

by Admin
July 6, 2022
0

The crypto crash of June has undoubtedly created various losers. However, an unlikely winner is emerging from this crash and...

Litecoin shoots up by 4,620% – Not price, but… – AMBCrypto News

Litecoin shoots up by 4,620% – Not price, but… – AMBCrypto News

by Admin
July 4, 2022
0

One of the biggest disadvantages of Litecoin is its lack of demand, when compared to other altcoins in the market....

Litecoin falls beneath a bullish order block, could $40 be next target – AMBCrypto News

Litecoin falls beneath a bullish order block, could $40 be next target – AMBCrypto News

by Admin
July 3, 2022
0

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion...

Litecoin (LTC) Returns to $50 After Rejection From Resistance – BeInCrypto

Litecoin (LTC) Returns to $50 After Rejection From Resistance – BeInCrypto

by Admin
June 30, 2022
0

Litecoin (LTC) is at risk of breaking down from a short-term consolidation pattern, something which could take it towards its...

Litecoin price analysis: LTC/USD exhibits extreme bearish signs at $52.50 – Cryptopolitan

Litecoin price analysis: LTC/USD exhibits extreme bearish signs at $52.50 – Cryptopolitan

by Admin
June 29, 2022
0

John Palmer John Paul is an enthusiastic crypto writer with an interest in Bitcoin, Blockchain, and technical analysis. With a...

Load More
  • Trending
  • Comments
  • Latest
Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

April 21, 2021

SteveWillDoIt reveals hacker stole his crypto wallet: “I lost a lot of money” – Dexerto

July 26, 2021
Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

February 11, 2022
DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap – Cointelegraph

DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap – Cointelegraph

April 15, 2021
Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

0

Rivals Ripple and R3 partner up | PaymentsSource – American Banker

0
Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

0

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches – Coindesk

0
Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

July 6, 2022
Ethereum just finished its second-to-last major ‘merge’ test and the main upgrade could be just months away – Fortune

Ethereum just finished its second-to-last major ‘merge’ test and the main upgrade could be just months away – Fortune

July 6, 2022
Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20000, as Crypto Volatility Continues – Market Updates Bitcoin News – Bitcoin News

Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20000, as Crypto Volatility Continues – Market Updates Bitcoin News – Bitcoin News

July 6, 2022
What if Ripple loses and XRP is deemed a security? – FinanceFeeds

What if Ripple loses and XRP is deemed a security? – FinanceFeeds

July 6, 2022
Crypto Hoarding

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Cryptocurrency Hackers
  • Ethereum
  • Litecoin
  • Ripple

Newsletter

[mc4wp_form]

  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

Copyright (c) 2021 - Crypto Hoarding - All Rights Reserved - web design by TechyRack