BitcoinExchangeGuide Coins Update

[BitcoinExchangeGuide]

Litecoin (LTC) Daily Price Forecast – August 16


LTC/USD Medium-term Trend: Ranging

Resistance Levels: $58, $59, $60
Support Levels: $54, $53, $52

Yesterday, August 15th, the LTC price was in a bullish trend. The digital currencies rose from the low of $51.05 to the high of $58.73. However, the LTC price was resisted and the price fell to the low of $55.90. Since on August 12, the price of Litecoin has been fluctuating between the levels of $60 and $50.

Today, the LTC price will continue its fluctuations between those levels until they are broken by price.Today, the LTC price is currently trading at $56.78 as at the time of writing. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Relative Strength Index period 14 is level 44 which indicates that price in the sideways trend zone.


LTC/USD Short-term Trend: Bullish

From the 1-hour chart, the LTC price is in a sideways trend. The price of Litecoin is ranging at a price of $54.88. Meanwhile, the MACD line and the signal line are at par with the zero line which indicates a neutral signal.



The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

 

[BitcoinExchangeGuide]

Ethereum (ETH) Daily Price Forecast – August 20


ETH/USD Medium-term Trend: Ranging

Resistance Levels: $310, $320, $330
Support Levels: $280, $270, $260

The price Ethereum was in a sideways trend. In the last one week, the ETH price was fluctuating between the levels $290.99 and 319.17. The price of Ethereum has been quiet in the last four days. Today, the cryptocurrency is likely to continue its range bound movement.

Meanwhile, the MACD line and the signal line are at par with the zero line which indicates a neutral signal. In addition, the price of ETH is at par with the 12-day EMA and the 26-day EMA which indicates that price is in the sideways trend. The Relative Strength Index period 14 is level 47 which indicates that price is in the sideways trend zone.


ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the ETH price is in a bullish trend. The price of the cryptocurrency is moving horizontally along with the exponential moving averages. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The price of Ethereum is above the 26-day EMA and the 12-day EMA which indicates that a bullish trend is ongoing.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: www.bitcoinexchangeguide.com

 

[BitcoinExchangeGuide]

Bitcoin (BTC) Daily Price Forecast – August 23


BTC/USD Medium-term Trend: Ranging

Resistance levels: $6,500, $6,600, $6,700
Support levels: $6,300, $6,200, $6,100

Yesterday, August 22, the price of Bitcoin was in a sideways trend. The BTC price fell while in a sideways trend. The cryptocurrency fell to its previous range-bound levels of $6,600 and $ 6,000. Yesterday, the BTC price reached the high of $6,880.72 and price pullback to the low of $6,303.65. Today, the BTC price is now in range bound movement.

It is assumed that the cryptocurrency will cross over the hurdle at the price of $6,600. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Relative Strength Index period 14 is level 48 which indicates that price is in the sideways trend zone.


BTC/USD Short-term Trend: Ranging

On the 1-hour chart, the BTC price is in a sideways trend. While in a sideways trend, the price of Bitcoin fell to the low of $6,323.93. After it has fallen, the cryptocurrency resumed its range-bound movement.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

 

[BitcoinExchangeGuide]

Litecoin (LTC) Daily Price Forecast – August 27


LTC/USD Medium-term Trend: Ranging

Resistance Levels: $70, $75, $80
Support Levels: $60, $55, $50

Last week the LTC price was in a sideways trend. The digital currency fluctuates between the resistance level at $60 and the support level at $50. However, On August 22nd, the price of Litecoin reached the high of $59.43 and price pullback to the low of $56.21. The digital currency had been ranging below and above the price $56.21. Today, the LTC price has no significant price movement because the market is quiet.

The price will react the same way this week until a breakout occurs. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the price of Litecoin is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. The Relative Strength Index period 14 is level 48 which indicates that price is in the sideways trend zone.


LTC/USD Short-term Trend: Ranging

From the 1-hour chart, the LTC price is in a sideways trend. The price of Litecoin is above the 12-day EMA and the 26-day EMA which indicates that price is in a trend. The MACD line and the signal line are at par with the zero line which indicates a neutral signal.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

 

[BitcoinExchangeGuide]

Ethereum (ETH) Daily Price Forecast – August 30


ETH/USD Medium-term Trend: Rang: Ranging

Resistance Levels: $330, $340, $350
Support Levels: $300, $290, $280

Yesterday, August 29th, the price of Ethereum was in a bullish trend. The ETH price was unable to reach and break the upper level of a price range. The cryptocurrency reached the high of $297.53 and later fell to the low of $284.02. The price of Ethereum is range bound between the levels of $260 and $320 since August 17. Today, the price of Ethereum has fallen to its range bound movement.
The ETH price is likely to fluctuate within the confinement of its range.

Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the price of Ethereum is above the 12-day EMA and the 26-day EMA which indicates that the bullish trend is ongoing. The Relative Strength Index period 14 is level 51 which indicates that price is in the sideways trend zone.


ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of Ethereum is in a sideways trend. The MACD line and the signal line are below the zero line which indicates a sell signal. Price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that price is falling.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: www.bitcoinexchangeguide.com

 

[BitcoinExchangeGuide]

Litecoin (LTC) Daily Price Forecast – September 6


LTC/USD Medium-term Trend: Bearish

Resistance Levels: $60, $70, $80
Support Levels: $50, $40, $30

Yesterday, September 5, the LTC price was in a bullish trend. The cryptocurrency was resisted at a price of $68.58 while attempting to break to $70 price level. But the bears took control of the market and brought the price to the low of $55.66. This implies that the LTC price is now back to the previous range bound zone of Levels $60 and $50.

However, if the bearish pressure continued, the cryptocurrency will revisit the previous low of $50. Also, the MACD line and the signal line are below the zero line which indicates a buy signal. In addition, the price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Relative Strength Index period 14 is level 27 which indicates that the market is oversold suggesting bulls to take control of the market.


LTC/USD Short-term: Bearish

On the 1-hour chart, the LTC price is in a bearish trend. The price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

 

[BitcoinExchangeGuide]

Ethereum (ETH) Daily Price Forecast – September 12


ETH/USD Medium-term Trend: Bearish

Resistance Levels: $200, $220, $240
Support Levels: $160, $140, $120

Yesterday, September 11, the price of Ethereum was in a bearish trend. The price of Ethereum fell to the low of $175.69. Today, the cryptocurrency is in a bearish trend. Price has broken the major support level of $200. Price is likely to test the next support level which is $160 price level.

If price reaches the next support level, that would probably be the first low since the beginning of the year.Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is ongoing. The Relative Strength Index period 14 is level 22 which indicates that the market is oversold suggesting bulls to take control of the market.


ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of Ethereum is in a bearish trend. Price of Ethereum is falling because the 12-day EMA and the 26-day EMA are above the price of the cryptocurrency. The MACD line and the signal line are below the zero line which indicates a sell signal.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source: www.bitcoinexchangeguide.com

 

[BitcoinExchangeGuide]

Bitcoin (BTC) Daily Price Forecast – September 17


BTC/USD Medium-term Trend: Ranging

Resistance Levels: $6,400, $6,600, $6,800
Support levels: $6,100, $5,900, $5,700

Last week the price of Bitcoin has been in a sideways trend. The BTC price fluctuates between the levels of $6,400 and $6,200.The BTC price reached the high of $6,520.51 and was repelled because of the selling pressure at the $6,400 price level. The price ranges more at the upper-level of price . Last week it was assumed that the bulls can overcome the upper level of price by introducing more buyers to push the price above the $6,400 price level.

Today, the price will continue its range at the support zone. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend. The Relative Strength Index period 14 is level 55 which indicates that price is in a sideways trend zone.


BTC/USD Short-term Trend: Ranging

On the 1-hour chart, the BTC price is in a sideways trend. The MACD signals are all bullish. The price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend. The MACD line and the signal line are above the zero line which indicates a buy signal.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

 

[BitcoinExchangeGuide]

Litecoin (LTC) Daily Price Forecast – September 20


LTC/USD Medium-term Trend: Ranging

Resistance Levels: $60, $65, $70
Support Levels: $50, 45, $40

Yesterday, September 19, the price of Litecoin was in a sideways trend. There has been no significant price movement as the digital currency had been range bound between the levels of $50 and $60. On September 19, the LTC price had a price spike. The price went down to the low of $51.56 and was resisted.
The same candlestick at the same time went up to the high of $55.04 and also pulled back.
The prices were pulling back as they test the upper and lower levels of price range. Meanwhile, the LTC price will continue its range bound movement. However, the MACD line and the signal line are at par with the zero line which indicates a neutral signal. In addition, the price of Litecoin is neither below nor above the 12-day EMA and the 26-day EMA which indicates that a sideways trend is ongoing. The Relative Strength Index period 14 is level 48 which indicates that price is in the sideways trend zone.


LTC/USD Short-term Trend: Ranging

On the 1-hour chart, the LTC price is in a sideways trend. The price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. The MACD line and the signal line are above the zero line which indicates a sell signal.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

 

[nathanbenjaminme]

Litecoin (LTC) Daily Price Forecast – June 11


LTC/USD Medium-term Trend: Ranging


Resistance: $108, $109, $110
Support:$106, $105, $104

Last week, price of Litecoin was also in a ranging market. Price of the asset was fluctuating between the levels of $119 and $123. However, it was suggested that if the asset fell to its previous low at $115, traders should initiate long trades. Litecoin is presently trading at $107.75 as at the time of writing.

However, from the 4-hour chart , the asset has fallen to the low of $104.75 . This was the previous low of the asset, and price has commenced a bullish movement. Meanwhile, the MACD line and the signal line are below the zero line indicating a sell signal . Also, 12-day EMA and 26-day EMA are above the price of the asset indicating that the bearish trend is ongoing.


LTC/USD Short-term Trend: Bearish

On the 1-hour chart, price of Litecoin is in a bearish trend. Price of the asset has fallen to the low of $102.77 but has commenced a bullish movement. The MACD line and the signal line are deep below the zero line indicating a sell signal. If the bearish pressure continued the support levels would be breached.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

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