Bitcoin
$23,165.28
+185.09
(+0.81%)
Ethereum
$1,674.44
+33.75
(+2.06%)
Ripple
$0.40
0
(+1.24%)
Litecoin
$101.49
+2
(+2.01%)
EOS
$1.11
+0.03
(+2.41%)
Cardano
$0.40
+0.01
(+2.5%)
Stellar
$0.09
0
(+1.77%)
NEO
$9.12
+0.21
(+2.4%)
NEM
$0.04
0
(+3.62%)
DigitalCash
$65.19
+1.72
(+2.71%)
Tether
$1.00
0
(0%)
Binance Coin
$331.29
+1.28
(+0.39%)
QTUM
$2.95
+0.1
(+3.51%)
Verge
$0.00
0
(+3.75%)
Ontology
$0.24
+0.01
(+3.72%)
ZCash
$46.65
+1.08
(+2.37%)
Steem
$0.23
-0
(-1.05%)

Litecoin, SafeMoon & Cardano — Asian Wrap 27 Oct

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Litecoin price has entered a tight congestion zone since the initial spike above the Cloud on October 20th. The trading range has been limited to the Tenkan-Sen at $196 above and Senkou Span B at $188 below. Thus, Litecoin has prime conditions for a bullish expansion move to occur, but bulls are unable or unwilling to make that happen.

SafeMoon price has made some astounding progress in October, rallying over 145% from the lowest open in its history on the first day of October to its present new two-month high. After hitting the required $0.0000024 level above the Cloud, SafeMoon spiked on Monday for a gain of over 22%. And it is likely to continue a move higher before facing any resistance.

 

Cardano price has been stuck in a ditch for most of October as price action ranged between $2.0 and $2.4. Neither bulls nor bears could take control as both defended their support or resistance levels quite adequately. The Relative Strength Index (RSI) has crossed above 50 again, proving buy-volume is picking up, and a breakout trade looks set to break $2.40 and target $2.74.



Read More: Litecoin, SafeMoon & Cardano — Asian Wrap 27 Oct

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