Litecoin (LTC) Daily Price Forecast – October 18

LTC/USD Medium-term Trend: Ranging

Resistance Levels: $66, $68, $70
Support Levels: $46, $44, $42

Yesterday, October 17, the price of Litecoin was in a sideways trend. On October 15, the digital currency had a price rally which made the price to reach the high of $62 but pulled back to the low of $56. Litecoin had been fluctuating below and above the $56 price level. As the crypto's price is consolidating, the key levels of the market are not evenly apart. Therefore trading is not recommended until when price is out of the range-bound zone.

Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the price of Litecoin is neither above nor below the 12-day EMA and the 26-day EMA which indicates that price is in the sideways trend zone.

LTC/USD Short-term Trend: Ranging

On the 1-hour chart, LTC price is in a sideways trend. However, the price of Litecoin is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. In addition, 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 BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

SELL Perfect Money and get paid immediately

Hello Traders:

SELL Perfect Money and get paid immediately.

When it comes to sales of PM, we’re not better than other exchangers. It’s a lie when an exchanger tells you they’re the best. No-one is the best.

Yes, we’re not better than other exchangers who do automated orders. BUT THE ONLY ADVANTEG WE HAVE IS THAT:

We pay faster than all exchangers.  Our rate may not be the best and our services may not be the most sophisticated, but we pay customers very fast.

If you want to experience the thrill of Instant Payment, sell Perfect Money to us today.

To see our current rates, please visit www.ituglobalfx.com.ng

To fund and withdraw with Neteller, please visit: www.instantforex.com.ng

WE’RE NOW ON TELEGRAM – WE STOPPED USING IMO

Because of increasing popularity of Telegram and the perceived decreasing popularity of Imo, we stopped using Imo as one of our means of customers support contacts and we added Telegram to enhance our customers’ experience.

Our Telegram username is: @ItuGlobal

And our other means of contacts can be found here:

http://www.ituglobalfx.com.ng/contact

https://www.instantforex.com.ng/contact.php 

To see our current rates, please visit www.ituglobalfx.com.ng

To fund and withdraw with Neteller, please visit: www.instantforex.com.ng

Ethereum (ETH) Long Term Price Forecast

ETH/USD Long-term Trend: Bearish

Resistance Levels: $350, $370, $390
Support Levels: $180, $160, $140

Last month of September, the price of Ethereum had been on a range bound movement. In September, Ethereum had an opening balance of $282.80 but fell to the low of $196.60. Later it commenced a range bound movement all through the month to close at a price of $228.62. In the month of October, Ethereum was in a range bound movement for ten days before the bearish trend.

Ethereum is currently trading at $199.78 as at the time of writing. Price is expected to rise as the digital currency has reached the oversold region.
Meanwhile, the price of Ethereum 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 34 which indicates that the market is oversold signaling bears’ exhaustion and suggesting bulls to take control of the market.

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

Top of Form

Source: www.bitcoinexchangeguide.com

Bitcoin (BTC) Daily Price Forecast – October 11

BTC/USD Medium-term Trend: Bearish

Resistance Levels: $7,000, $7,200, $7,400
Support levels: $6,100, $5,900, $5,700

Yesterday, October 10, the BTC price was in a Bearish trend. The bulls had been holding the price above $6,500 in the last ten days. This cause Bitcoin to be stagnant and range bound above the $6,500 price level. Today, the bulls have succumbed to the bearish pressure. The bears have broken the $6,500 price level and price is approaching the $6,200 price level.

The next move is likely to be the $5900- $6,000 price levels. Traders are to look out for buy setups at the end of the bearish trend. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. The price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that price is falling.

BTC/USD Short-term Trend: Bearish

On the 1-hour chart, the BTC price is in a bearish trend. The price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that price is falling. The Relative Strength Index period 14 is level 18 which indicates that the market is oversold signaling bear’s exhaustion and suggesting bulls to take control of the market.

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