- Nov 22, 2014
- Reaction score
LTC AND EOS – FURTHER UPSIDE ANTICIPATED
From Sunday when the price of Litecoin was sitting at around $40.8 at its lowest point we have seen an increase of 12.26% measured to ti’s highest point today which was at $45.9. We have seen the price coming to the levels above its previous horizontal resistance but is still in the zone and is retesting its upper level which is why in the last hour we have seen a red candle developing and the momentum slowing down.
In either was from here we are most likely to see further uptrend continuation from who’s momentum and strength we are going to evaluate this possibility, but most importantly from the descending move that is coming after.
The price of EOS has been following the market trend and has been in an upward trajectory, increasing by 13.57% from Sunday’s low at $2.4 to $2.73 at its highest point today around which the price is still currently being traded/
Like in the case of Litecoin we would be expecting a retest of the prior higher high at around $2.86 before the completion of this current increase.
#Stayhomeandtrade #EOSUSD #LTCUSD #blockchain #crypto #EOS #LTC
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