Bitcoin Cash, Litecoin and Amp – Asian Wrap 23 Oct

[ad_2][ad_1]

Bitcoin Cash Price Forecast: BCH flashes buy signal – Confluence Detector

After breaking out of the 50-day SMA ($ 232.75) on October 10, Bitcoin Cash managed to hit $ 270.75 at the time of writing. The MACD is showing sustained bullish momentum, so we can expect the price to hit the resistance barrier of $ 282.35. After passing this point, the Bitcoin fork should be able to enter the $ 300 zone.

Litecoin Price Prediction: LTC’s pullback to $ 50 looks imminent before breaking out

Litecoin was trading close to $ 70 in August, following a notable recovery from the March crash. However, the crypto asset resumed the downtrend within a parallel downward channel. For more than two months, LTC / USD suffered nursing injuries but was treated with occasional pull-ups.

Amp Technical Analysis: AMP charges $ 1.50, but may soon undergo a short-term correction

Between September 30 and October 17, the AMP went from $ 0.63 to $ 1.28. After a brief decline at the 50-day SMA ($ 0.82), the price managed to rise and barely cross the 200-day SMA ($ 1.19). The price must adequately consolidate its position above the 200-day SMA to continue this bullish growth.

.[ad_2]Source link