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Litecoin Price Prediction: LTC/USD Aims to Make a Breakout Attempt Above $90 Level

Litecoin Price Prediction: LTC/USD Aims to Make a Breakout Attempt Above $90 Level

LTC Price Prediction – November 30

LTC/USD may continue to set a bullish run if the market can climb back above the $90 resistance level.

LTC/USD Market

Key Levels:

Resistance levels: $95, $100, $105

Support levels: $70, $65, $60

LTCUSD – Daily Chart

According to the daily chart, LTC/USD is currently showing a positive movement over the past few hours. The market is actually running a little retracement move towards $90 with price growth of 9.18%. Apart from today’s gain, Litecoin (LTC) is still maintaining an upward movement within the channel and traders can expect the price to continue to rise as soon as the bulls put more pressure on the market.

What to Expect from Litecoin (LTC)

If the price can keep respecting the upward movement, we can then expect a bullish continuation after testing the $75 support. As the technical indicator, RSI (14) crosses above the 9-day moving average; the potential resistance levels are located at $95, $100, and $105 in the long-term.

However, should in case the coin continues to maintain the rising channel pattern, traders may witness a more bullish trend. Meanwhile, looking at the price formation, a bearish breakout may likely play out for this market and this could roll the coin back to the long-term support at $70, $65, and $60 levels. Therefore, a continuous fall might further lead to a violent break below $55.

Against Bitcoin, the buyers are gradually stepping back into the market as the coin is trying to show some promising signs that could make higher highs should it continue to move above the 9-day and 21-day moving averages. From the upside, the nearest level of resistance lies at 4800 SAT and above this, higher resistance lies at 5000 SAT and 5200 SAT.

LTCBTC – Daily Chart

In other words, from the downside; the nearest support level is below the moving averages at 4100 SAT and beneath this, further support lies at 4000 SAT. If the price drops further to create additional low, lower support may be located at 3800 SAT and 3600 SAT. The RSI (14) has already crossed above the 50-level which shows that the bulls are building up.

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Bitcoin Price Prediction: BTC/USD Back Above $17,500 Level as the King Coin Recovers

Bitcoin Price Prediction: BTC/USD Back Above $17,500 Level as the King Coin Recovers

Bitcoin (BTC) Price Prediction – November 27

According to the daily chart, the Bitcoin (BTC) remains bullish but could still see some sideways movement before it takes off again.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $19,500, $19,700, $19,900

Support Levels: $16,200, $16,000, $15,800

BTCUSD – Daily Chart

BTC/USD is now back on track as the market price trades near the previous resistance level of $18,000, after sharply correcting to a low of $16,200 a few days ago. More so, the first digital asset appears unstoppable in the last couple of weeks, climbing higher every single day with only a few retracement periods. The volatility in the cryptocurrency market is extremely high right now with some altcoins jumping up and down as the RSI (14) remains above the 60-level.

Would Bitcoin (BTC) Keep the Uptrend?

BTC/USD has been outperforming pretty much almost any other asset in the market. Bitcoin seems to be only facing one major barrier at $19,890 and cracking the all-time high could be a major achievement for the bulls which may potentially push the Bitcoin price towards the $20,000 level. However, if the bulls refused to reclaim the $18,000 level in the near-term, it could mean that a decline towards the support at $16,500 is imminent.

Therefore, if this level is broken, it could strike a serious blow to the cryptocurrency’s technical outlook. Meanwhile, an increase in selling pressure could see the Bitcoin drop to the supports of $16,200, $16,000, and $15,800 respectively. In other words, if the bulls continue to push the coin, crossing above the 9-day moving average may likely reach the resistance levels of $19,500, $19,700, and $19,900 as reveals by the technical indicator.

BTC/USD Medium-Term Trend: Bearish (4H Chart)

According to the 4-hour chart, BTC/USD may continue to move sideways as the technical indicator RSI (14) is seen moving in the same direction above the 50-level. If the market price stays above the 9-day and 21-day moving averages, it may persistently trade above the $18,500 resistance level in the nearest term.

BTCUSD – 4 Hour Chart

Meanwhile, BTC/USD is currently trading above the moving averages. The upward movement is likely to push the price to the resistance levels of $19,200 and above while the immediate support lies below the moving averages at $16,700, $16,500, and $16,300 levels.

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Bitcoin Price Prediction: BTC/USD Nosedives Below $17,000; Price May Return Back to Red Zone

Bitcoin Price Prediction: BTC/USD Nosedives Below $17,000; Price May Return Back to Red Zone

Bitcoin (BTC) Price Prediction – November 27

Today, the Bitcoin price loses traction after opening at $17,155; losses likely to continue in the near term.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $19,000, $19,200, $19,400

Support Levels: $15,400, $15,200, $15,000

BTCUSD – Daily Chart

Looking at the daily chart, one can easily conclude that BTC/USD is heading back to the red zone as the coin is posting minor losses of 0.56% on the day after commencing the trading at $17,155. More so, the coin has an intraday high of $17,181; although the world’s largest crypto touches the support level of $16,989 before going back to where it is currently trading at $17,058.

Would Bitcoin Price Go Down Or Up?

The Bitcoin price is seen plunging below $17,000 one more time, marking $16,989 as the current daily low at the moment. Does this mean that Bitcoin (BTC) is finally leaving the significant $17,000 level and searching for a new low? However, looking at the declining daily volume candle, together with the steady but stable recent Bitcoin price action, it can be assumed that the market may soon experience a stronger bearish movement.

At the time of writing, BTC/USD is struggling to maintain the $17,100 level and if the coin follows the downward trend as the RSI (14) moves below the 55-level, the next supports may likely come at $15,400, $15,200, and $15,000. From the upside, by maintaining the current level of $17,085, any bullish movement may likely cross above the 9-day and 21-day moving averages to send the price to the resistance levels of $19,000, $19,200, and $19,400 respectively.

BTC/USD Medium-Term Trend: Bearish (4H Chart)

On the 4-Hour chart, BTC price hovers below the 21-day moving average around $17,084 which may take time to persistently trade above $17,100. However, if the bulls regroup and gather enough strength, the upward movement may be able to reach the $18,200 and $18,400 resistance levels.

BTCUSD – 4 Hour Chart

On the downside, the immediate support is around the $16,500 level while the main support is at the $16,000 level. Therefore, crossing below the lower boundary of the channel may cause the coin to hit the supports at $15,800 and below. Technically, BTC/USD may be moving sideways as the RSI (14) moves above the 40-level.

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Ethereum Price Prediction: The Bears Take-over; ETH/USD May Fall below $500 Support Level

Ethereum Price Prediction: The Bears Take-over; ETH/USD May Fall below $500 Support Level

ETH Price Prediction – November 26

The daily chart reveals that the Ethereum price is approaching a crucial support level, similar to Bitcoin (BTC).

ETH/USD Market

Key Levels:

Resistance levels: $620, $640, $660

Support levels: $420, $400, $380

ETHUSD – Daily Chart

ETH/USD is trading down 8.33% at its current price of $521.51, which marks a notable decline from its daily highs of $577 today when the bulls attempt to spark another rally. In the next negative movements, ETH/USD may find some support in the lower $480 level, as it has bounced multiple times after visiting this level.

What to Expect from Ethereum (ETH)

The Ethereum (ETH) is currently following the bearish trend with a tremendous price drop. Although many traders were expecting a lot from the coin before it suddenly changes to the downside. Meanwhile, the majority of the altcoins started trading today with a fall as the Ethereum price is seen trading under the 9-day moving average but yet to break below the lower boundary of the channel.

Moreover, a bearish drop may likely roll the market down to the support level of $420, $400, and $380 while a possible bullish surge may drive the market above the moving averages at the $580 resistance level. Meanwhile, the $620, $640, and $660 may further provide resistance levels for the market. The technical indicator RSI (14) is facing the negative side and staying there may cause the coin to fall below the critical supports again.

Against Bitcoin, the market price remains within the negative side but still trading above the 9-day and 21-day moving averages. The bears are already taking over the market as ETH/BTC is currently trading at 0.0303 BTC and the bulls failed to push the price upward. Meanwhile, if the market continues to drop, the next key supports could be 0.0270 BTC and below.

ETHBTC – Daily Chart

However, on the upside, a possible bullish movement may surface and this could push the market to cross above the upper boundary of the channel, once this is done, the resistance level of 0.0330 BTC and above may be visited. As for now, the RSI (14) is seen moving below the 55-level, suggesting that the market may continue to fall.

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Bitcoin Price Prediction: Bears May Come to Focus as BTC/USD Plunges Below $18,850

Bitcoin Price Prediction: Bears May Come to Focus as BTC/USD Plunges Below $18,850

Bitcoin (BTC) Price Prediction – November 25

The Bitcoin price continues to follow the bearish movement as the price drops below $18,850.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $20,600, $20,800, $13,000

Support Levels: $17,800, $17,600, $17,400

BTCUSD – Daily Chart

BTC/USD is hovering at $18,820. There have been instances when BTC has exchanged hands below $18,550 sustaining the bearish price action is a downhill task. As the daily chart reveals, the path of least resistance is still downwards with the formation of a bearish pennant pattern.

Where is BTC Price Going Next?

The technical indicator RSI (14) reveals that the market movement is bearish. Despite the drop suffered, the technical indicator remains within the overbought zone. This could mean that there is still room that may be explored by the bears. Therefore, BTC/USD may continue to follow the downtrend if the market price crosses below the 9-day moving average.

On the upside, recovery may not come easy but any attempt to cross above the upper boundary of the channel may negate the bearish scenario and allow for an extended recovery towards the resistance levels at $20,600, $20,800, and $13,000. However, an increase in selling pressure across the market could force the Bitcoin price to follow a painful path towards the support levels of $17,800, $17,600, and $17,400.

BTC/USD Medium-Term Trend: Ranging (4H Chart)

On the 4-hour chart, the Bitcoin bulls have not been able to push the market price above the 9-day moving average. The chart reveals that the coin survived the $18,500 support as the market rebounds from the low of $18,502. However, the Bitcoin price is likely to return to the bull market if the price breaks above the $19,000 level. Higher resistance is located at $19,500 and above.

BTCUSD – 4 Hour Chart

Moreover, if the price drops below the 21-day moving average, even $18,500 may not be able to hold the support as the RSI (14) faces the south. Therefore, the king coin is likely to fall visit the $18,200 and below if the price breaks below the lower boundary of the channel.

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