Litecoin – Litecoin – Litecoin, Polkadot, FTX Token Price Analysis: 02 Nov | Zoom Fintech
Bitcoin, the largest cryptocurrency in the world, fell from $ 13,750 to $ 13,440 on the charts, with BTC buying and promoting at $ 13,561 at press time. Litecoin, rather the alternative, was buying and promoting within a spread, while Polkadot was in an accumulation part. The FTX token has seen some volatility over the past couple of days and has seen some losses, with the cryptocurrency buying and promoting sideways under a resistance phase.
Litecoin [LTC]
Litecoin went up to $ 60, however it was pushed back into being able to shop and promote ranges while it was unable to hold out at $ 58. Over the past couple of days, the price has dropped and LTC was buying and promoting quite a bit of $ 56.5 to $ 53.
This rectangle (yellow) could see a breakdown in each course in the next few days. An in-depth outdoor pattern accompanied by very important purchases and promotions would confirm a breakout.
The RSI has fluctuated across the neutral zone for the past couple of days, indicating a lack of notable momentum for the crypto-asset on each price.
Litecoin has been forming a symmetrical triangle for an extended period of time and may see a bullish breakout. Throughout the short term, however, lateral movement may very well be the best way to the asset.
A pois [DOT]
Polkadot was only buying and promoting above the 61.8% retracement phase as evidenced by the Fibonacci retracement tool on the $ 3.6 to $ 4.95 DOT move.
The DOT fell just $ 3.9 from where it was in an assist phase and bounced up to reclaim the $ 4.18 level.
The Bollinger bandsThe breadth of the charts was receding, also a sign of a decline in volatility. The Upper oscillator he also observed a decline in bearish momentum.
In conclusion, a consolidation gap was apparently in the dealer for DOT between the price fluctuation of $ 4.11 and $ 4.27 in the next few days.
FTX Token [FTT]
The FTX token observed very important volatility during the previous week, however it appeared to have stabilized for a few quiet hours just below the resistance at $ 3.66.
The MACD was on the verge of forming a bullish crossover. This could give a weak buy signal as it was forming below zero. The shift in momentum could see FTT change north, properly above the approaching resistance phase.
Furthermore, the CMF it also confirmed that capital flows had reached equilibrium after the previous two days had observed out-of-market capital flows. Taken collectively, they indicated an end to selling pressure in the short term.
In related information, the FTX exchange these days announced that the tokenized shares would be listed shortly.
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