Price analysis IOTA (MIOTA), Ethereum Classic (ETC) and Litecoin (LTC) – 14 November

[ad_2][ad_1]
IOTA, Ethereum Classic, Litecoin

IOTA (MIOTA)

The IOTA (MIOTA) has been largely stable in the last 48 hours. In this period, it was traded in a range of $ 0.504 which served as support and $ 0.495, which is now a key support level on the 200-day MA. This is an indicator that IOTA (MIOTA) could break out at any moment in the near future. To go long on IOTA (MIOTA), it would be best to wait for a break above the resistance point of the day at $ 0.504. If the IOTA (MIOTA) exceeds this level and extends beyond the day's maximum of $ 0.508, it would be a trigger factor to go long with a goal of $ 0.518. This is the next key resistance level on the 6-day 6-hour MA.

If it pushes above this level, the next possible inversion point would be at $ 0.587, a level at which, IOTA (MIOTA) reached the last month. But if during the day it breaks under the 200 day MA at $ 0.495, it would be a signal to run out with a $ 0.488 target. This is the next level of key support on the 100-day MA. A break below this could see IOTA (MIOTA) going down to $ 0.477. This is the last minimum that has hit in the last 48 hours and a possible reversal point.

Ethereum Classic (ETC)

Ethereum Classic (ETC) has remained relatively stable over the past 48 hours. The range is between $ 9.29 which acts as resistance and $ 9.19, which offers intra-day support. If, over the course of the day, Ethereum Classic (ETC) pushes above $ 9.29 and extends above the $ 9.35 top day, it would be best to go long with a $ 9.40 goal. This is the next level of key support on the 100-day MA. A break above this level could see it testing $ 9.50 on the 200-day MA.

However, if during the day Ethereum Classic (ETC) falls below $ 9.19 and extends below the daily minimum of $ 9.13, it would be a signal to go short with a target of $ 8.99. This is the next level of key support on the 6-hour chart and one in which Ethereum Classic (ETC) could reverse during the day.

Litecoin (LTC)

Litecoin (LTC) has been sold in a range for the last 48 hours. A range of $ 50.70 has been reached, which is now supported and $ 51.53 which is now resistance. To make a trade in Litecoin (LTC), it would be better to expect a breakout in both directions. If it rises to the upside and extends beyond the 100 day MA to $ 51.72, it would be best to go long with a goal of $ 52.90. This is a key resistance level on the 200 day MA.

However, if during the day Litecoin (LTC) falls to the bottom and will extend below the daily minimum of $ 50.58, it would be better to go short with a goal of $ 49.19. This is the next key support level for Litecoin (LTC) in the 6-hour chart. He fluctuated at this price level last week and could reverse around this level. A break below it could see the value of Litecoin (LTC) hit $ 48.72 in the chart of the day.

Loading…

[ad_2]Source link