As of at present, Litecoin had a bullish outlook on its worth motion, and the $115 space was a robust zone of resistance that LTC might break previous quickly. Cosmos and Stellar Lumens, however, appeared to kind a variety.
Litecoin (LTC)
Supply: LTC/USDT on TradingView
Litecoin faces stiff resistance within the $115 space (pink field). Within the close to time period, it has robust assist ranges at $101 and $107. The ascending trendline assist (white) meant that the value was forming one thing like an ascending triangle sample.
Therefore, over the subsequent few days, it’s possible that LTC has a bullish outlook. It might see a pullback to $110, and in addition to the assist stage at $107.9.
The MACD pulled again from strongly bullish to the zero line, to indicate impartial momentum on the time of writing. The OBV has seen an uptick prior to now week, to indicate the presence of shopping for quantity.
Cosmos (ATOM)
Supply: ATOM/USDT on TradingView
The Quantity Profile Seen Vary confirmed the Level of Contol at $24.04, and the Worth Space Lows and Highs lie at $23.82 and $25.05, This meant that, over the previous week, nearly all of buying and selling has occurred between these ranges.
At press time, the RSI fell beneath the impartial 50 line and the value was on the $24.28 assist stage. This recommended that ATOM might see an extra dip. The OBV has additionally dipped on the pullback from $25, however total it nonetheless confirmed extra shopping for quantity than promoting lately.
The $24-$24.3 space might supply a shopping for alternative within the subsequent few hours.
Stellar Lumens (XLM)
Supply: XLM/USDT on TradingView
On the 2-hour chart, XLM appeared to kind a variety from $0.2125 to $0.186 (white). Prior to now two weeks, the RSI has climbed to 70 in addition to dipped to 30. The RSI didn’t present a gradual pattern in both path, and the value was additionally oscillating between the $0.21 and $0.18 ranges.
The Aroon Oscillator additionally confirmed up and downtrends over the previous two weeks, whereas the DMI additionally confirmed no robust pattern in progress. The ADX dipped under the 20 mark prior to now couple of days, to indicate the shortage of a robust pattern in progress.
