Litecoin
Since the beginning of the week, Litecoin’s price stood in a corridor of $3.50 – $3.80, having created a triangle on the chart. Next week the exit from this triangle is inevitable, and the direction of an exit depends only on the direction of Bitcoin’s price. However, this week Litecoin had another important event: as the LitecoinCT r: 58 vs. Bitcoin exchange rate reached a local bottom of 0.008, having stopped its continuous falling at this level. DASH
Dash began last week pretty well, having jumped sharply from 0.06 to 0.07 on Monday. But then gradually went down to a local bottom of 0.0056, just where it is now. Placing buy orders at a price lower than 0.0056 might be a good decision and if DASHCT r: 83 is able to hold on at this level all week there is a chance of a trend reversal. Dogecoin
This time we will look at the Dogecoin chart of two weeks. Not so long ago it reached 35 Satoshi, but this week we could only dream of reaching such a level. Sales at prices higher than 30 Satoshi became good sales. In only one week the level of 30 Satoshi turned into a resistance level, and buy orders around 28-29 Satoshi stopped being favorable. Next week it is worth expecting an updating of a local price bottom, and to hope for buy orders in the range of 25-26 Satoshi. ETH
If at the end of the last week ETH showed steady growth, all this week the price of ETH was falling. Having looked at the chart of one month, we can see that ETH’s price is in a falling trend again. And if this trend doesn’t stop right now, we will see updates of a bottom (which could be at […]
