As of right now, Litecoin had a bullish outlook on its value motion, and the $115 space was a powerful zone of resistance that LTC may break previous quickly. Cosmos and Stellar Lumens, alternatively, appeared to kind a variety.
Litecoin (LTC)
Supply: LTC/USDT on TradingView
Litecoin faces stiff resistance within the $115 space (purple field). Within the close to time period, it has robust help ranges at $101 and $107. The ascending trendline help (white) meant that the worth was forming one thing like an ascending triangle sample.
Therefore, over the following few days, it’s possible that LTC has a bullish outlook. It may see a pullback to $110, and in addition to the help 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 up 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, the vast majority of buying and selling has occurred between these ranges.
At press time, the RSI fell beneath the impartial 50 line and the worth was on the $24.28 help stage. This prompt that ATOM may see an extra dip. The OBV has additionally dipped on the pullback from $25, however general it nonetheless confirmed extra shopping for quantity than promoting just lately.
The $24-$24.3 space may 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). Up to now two weeks, the RSI has climbed to 70 in addition to dipped to 30. The RSI didn’t present a gradual development in both course, and the worth 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 development in progress. The ADX dipped under the 20 mark up to now couple of days, to indicate the shortage of a powerful development in progress.
