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Litecoin Price Prediction Today: Daily (LTC) Value Forecast – June 27

 

 

LTC/USD Medium-term Trend: Bullish

 

·         Resistance Levels: $140, $150, $160

·         Support levels: $120, $110, $100

 

Yesterday, June 26, the LTC price was falling as the bulls fail to break the $140 overhead resistance level. The bulls have failed to break the $140 overhead resistance since June 11. On June 22, the bulls made their final attempt to break the $140 price level but were resisted. The bears have broken below the 12-day EMA and the 26-day EMAs which suggest that there is a likelihood of price continuous fall.

 

From the Fibonacci tool, the LTC price has broken the 0.236 and it is approaching the 0.382 Fib. retracement level. On the downside, if the bears break the 0.382 Fib, retracement level, the LTC price will be in the downtrend zone, trading at the $100, or $110 support level. The MACD line and the signal line are above the zero line which indicates a buy signal.

 

 

LTC/USD Short-term Trend: Bearish

 

On the 1-hour chart, the LTC price is in a bearish trend. On June 25 and 26, the bulls were resisted at the $137 resistance zone. The crypto’s price fell to a low at $115 as the bulls pulled back price to the EMAs. The price  of Litecoin may further depreciate as price is below the EMAs. 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: https://bitcoinexchangeguide.com

Edited by BitcoinExchangeGuide
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Ethereum Price Prediction Today: Daily (ETH) Value Forecast – June 29

 

ETH/USD Long-term Trend: Bullish

 

·         Resistance Levels: $320, $340, $360

·         Support Levels: $300, $280, $260

The ETH/USD pair is now in a bullish trend. In retrospect, the price of Ethereum had been in a sideways trend trading between the levels of $220 and $280 for a month. On June 21, the bulls broke the $280 overhead resistance and reached the high of $315. From the chart, on June 26, the bulls tested the $360 price level and were resisted.

 

The ETH market was on a downward correction to the support of the 12-day EMA. The 12-day EMA support level was holding as the bulls make an upward move to the previous highs. The ETH price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise.

 

On the other hand, if the bears break below the EMAs, the crypto’s price will fall to the low of $240 price level. On June 1, the ETH price has an opening balance of $267 and closing balance of $308 as at June 28. The price of Ethereum appreciated by 15% of its capilisazation in the month of June 2019. From the Fibonacci tool, the ETH price is in the downtrend zone of 0.50 Fib retracement level. Meanwhile, 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: www.bitcoinexchangeguide.com     

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Litecoin Price Prediction Today: Daily (LTC) Value Forecast – July 4

 

 

LTC/USD Medium-term Trend: Bullish

 

Resistance Levels: $140, $150, $160
Support levels: $120, $110, $90

 

Yesterday, July 3, the price of Litecoin was in a bullish trend attempting to break the EMAs and reach the bullish trend zone. Presently, the LTC market is in a bullish trend but below the 12-day EMA and the 26-day EMA. On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $134 and $140 resistance levels.

 

On the other hand, if the bulls fail to break the EMAs, the LTC price will be in a range bound move. From the Fibonacci tool, the price of Litecoin is in the downtrend zone of 0.50 Fib. retracement level. Yesterday, the price did not continue its fall to the 0.786 Fib. retracement level. Rather the LTC price is moving upward. The MACD line and the signal line are above the zero line which indicates a buy signal.

 

 

LTC/USD Short-term Trend: Bullish

 

On the 1-hour chart, the LTC price is in a bullish trend. In the lower time frame, the LTC market is facing resistance at the $122 price level. The bulls have tested the resistance level on four occasions.

 

On each occasion, the price would fall to the support of the EMAs after testing the resistance level. Today the bulls have broken the $122 resistance and reach a high of $125. The price of Litecoin is retracing at a high of $126 price level. The MACD line and the signal line are above the zero line which indicates 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

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Litecoin Price Prediction: Long-term (LTC) Value Forecast – July 6

 

 

LTC/USD Long-term Trend: Bearish

·         Resistance Levels: $140, $150, $160

·         Support levels: $110, $100, $90

The LTC/USD pair is now in a bearish trend zone. The 12-day EMA and the 26-day EMA are sloping horizontally indicating that price is falling and may be range bound. The crypto’s price is below the EMAs which indicate that price may further depreciate. On June 22, the LTC market reached a high of $140 price level.

 

On June 23, the bulls were resisted and the LTC market was on a downward correction to a low at $114 price level. At the support of the $110, the bulls made an upward move to reach the bullish trend zone. The bulls were resisted again as the price fell below the EMAs. On the upside, if the bulls break the EMAs and price is sustained above it , the crypto will retest the $140 price level.

 

On the other hand, if the bulls fail to break the EMAs, the crypto’s price will continue its range bound move. From the Fibonacci tool, the LTC price is in 0.50(50%) Fib. retracement level which is a downtrend zone. The 0.50(50%) Fib. retracement was holding as the bulls took control of price. Meanwhile, 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

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Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – July 11

 

 

BTC/USD Medium-term Trend: Bullish

·         Resistance Levels: $12,000, $11, 800 ¸ $12,400

·         Support levels: $11,400, $11,200, $11, 000

 

Yesterday, July 10, the price of Bitcoin was retracing from the $13,000 resistance level. On June 26, the BTC market reached the $13000 price level and was resisted. The price fell to the support of the 26 –day EMA and commenced a range bound move above it. On July 9, the bulls were resisted as price retraced to the support of the 26-day EMA.

 

From the Fibonacci tool, the price fell to the support of the 0.382 Fib. retracement level. The 0.382 Fib. retracement level is a continuation zone. If the bulls defend this level, the crypto’s price will rise. On the upside, if the bulls break the $13, 000 price level, the crypto’s price will rise and test the high of $14,000 price level. The crypto’s price is above the EMAs which indicate that price is likely to rise. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.

 

BTC/USD Short-term Trend: Bullish

On the 1-hour chart, the BTC price is in an uptrend trend. The 12-day EMA and the 26-day EMA appears to be heading northward. The crypto’s price was in an upward move above the 12-day EMA and the 26-day EMA until the bulls were resisted at the $13,000 price level.
Meanwhile, the MACD line and the signal line are above the zero line which indicates is 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

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Ethereum Price Prediction: Long-term (ETH) Value Forecast – July 13

 

 

ETH/USD Long-term Trend: Bearish

·         Resistance Levels: $240, $260, $280

·         Support Levels: $220, $200, $180

 

On June 26, the ETH market reached its peak price of $340 price level. The bulls tested the $340 price level and were resisted. The market fell to the support of the 12-day EMA to commence a range bound move above the EMAs but below the $320 resistance level. The bulls were facing another resistance at the $320 price level after the overhead resistance.

 

On July 9, the bulls were resisted at the $320 price level and the ETH market commenced a downward correction. The bears broke the 12-day EMA and the 26-day EMA as the downtrend continues. The ETH price has fallen into the previous range bound zone of $220 and $280. The crypto may likely revisit the previous low of $220 price level.

 

A trend line has been drawn to determine the duration of the bearish trend. A bearish trend is ongoing if the trend line is unbroken. A bearish trend is said to be terminated if price breaks the trend line and another candlestick closes on the opposite of it. Meanwhile, 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: www.bitcoinexchangeguide.com     

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Bitcoin Price Prediction: Long-term (BTC) Value Forecast – July 20

 

BTC/USD Long-term Trend: Ranging

Resistance  $10,500, $11,000, $11,500
Support levels: $10,000, $9,500, $9,000

 

The BTC/USD pair had been trading in the bearish trend zone after facing resistance at the $13,000 overhead resistance level. On July 10, the BTC price reached a high of $13,000 but was resisted. The bears broke the 12-day EMA and the 26-day EMA as the price fell to the bearish trend zone. In the previous resistances, the price fell within the bullish trend zone. On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $13,000 resistance level.

 

On the other hand, if the bulls fail to break above the EMAs.  the crypto's price  will commence a range bound move below the EMAs,Meanwhile, 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

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Ethereum Price Prediction Today: Daily (ETH) Value Forecast – July 24

 

ETH/USD Medium-term Trend: Ranging

·         Resistance Levels: $280, $300, $280

·         Support Levels: $200, $180, $160

Yesterday, July 23, the price of Ethereum was in a range bound move below the 12-day EMA and the 26-day EMA. On July 16, after the downward trend correction at the $200 price level, the bulls made an upward move to break above the EMAs. The bulls are facing resistance at the 12-day EMA.

On the upside, if the bulls break above the EMAs, the crypto’s price will resume its bullish trend to retest the $320 and $340 resistance level. On the other hand, if the bulls fail to break the EMAs, the ETH price will continue to range below the EMAs. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

 

 

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of Ethereum is in a bullish trend. The 12-day EMA and the 26-day EMA are pointing northward. On July 24, the bulls made an upward move to break above the EMAs. The crypto's price is facing resistance at the $225 price level as the price retraces to the support of the 12-day EMA. 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: www.bitcoinexchangeguide.com

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