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IOTA (MIOTA)
It was a slow start of the year for cryptography, and IOTA (MIOTA) is no exception. Due to the New Year holidays, the volumes were relatively low. The IOTA (MIOTA) has been trading in a range between $ 0.357 and $ 0.362 in the last 24 hours. To operate in IOTA (MIOTA), it would be better to look for an increase in volumes and a break outside this range. If it rises to the upside and pushes above the 48-hour high of $ 0.377, it would be an indicator that the bulls still have control of the market. This position would have a good exit point of $ 0.415. This is a key point of resistance for the IOTA (MIOTA) over the 12 hours of 200 days MA.
On the flip side, if IOTA (MIOTA) falls below the lower range of $ 0.362 and pushes below the 200-day MA to $ 0.350, it would be an indicator of a greater bearish sentiment. This would be a trigger to go short with a goal of $ 0.296. This is a key support level for the IOTA (MIOTA) on the MA of 3 days to 200 days and a possible reversal point for the IOTA (MIOTA) during the day.
XRP (XRP)
XRP (XRP) has been trading sideways in the last 24 hours. This is due to the low exchange volumes of the new year. However, the momentum appears to be largely bearish after it failed to overcome the minor MA resistance of 55 days to $ 0.370. To shorten XRP (XRP), it would be better to wait for a break below the day minimum of $ 0.356. This position would have a good exit point at $ 0.347 on the 200 day 3 day MA. It is likely that the XRP is included in the interval or rebounds from this price level.
However, if XRP (XRP) pushes above the high of the day by $ 0.370, it would make sense to go long with a goal of $ 0.379. This is a key resistance level for XRP on the 200 day MA. If it pushes above this level, it could go up to $ 0.433. This is an important resistance point for XRP (XRP) in 12 days to 12 days MMA.
Litecoin (LTC)
While the entire market has been largely bearish over the past 24 hours, Litecoin (LTC) has achieved some minor gains over this period. He pushed from a minimum of $ 30.54 to a maximum of 32.00. However, he failed to overcome the 200-day AM, an indicator that the bears are still under control of Litecoin (LTC). To go short on Litecoin (LTC), it would be better to wait for a break below the day minimum of $ 30.54. This would be a signal to shorten with a goal of $ 29.15. This is a key support level for Litecoin (LTC) on the 3-day MA in 200 hours.
However, in the scenario where Litecoin (LTC) pushes above the maximum day of 32.0, it would be an indicator that the bulls are back in control and a signal to go long on Litecoin (LTC). A long position at this price level would have a good exit point at $ 43.74. This is a good exit point for Litecoin (LTC) on 12-hour MA of 12 days. A break above this could indicate the start of a short-term uptrend.
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