Tuesday, June 6, 2023
TopCrytpoNews.com
Shop
No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • Market & Analysis
  • Bitcoin
  • Altcoins
  • Dogecoin
  • Ethereum
  • Litecoin
  • Solana
TopCrytpoNews.com
No Result
View All Result
Home Litecoin

Polkadot, Litecoin, MANA Price Analysis: 10 December

Mikhailev by Mikhailev
May 27, 2022
in Litecoin
0
Polkadot, Litecoin, MANA Price Analysis: 10 December
Share on FacebookShare on Twitter


Most altcoins tried to get well because the bears prolonged their pattern and capitalized on the broader sentiment.

Altcoins like Polkadot and Litecoin fashioned a bearish flag whereas MANA recovered from a bearish pennant over the previous day. The near-term technicals for these cryptos undeniably most well-liked the bears.

Polkadot (DOT)

TradingView, DOT/USDT

DOT has moderately aggressively declined after putting its ATH on 4 November. After a 17 day downfall in a descending channel, it noticed a slight restoration try however gravitated towards the $24-mark on 3 December. 

Related articles

Price analysis 5/19: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Price analysis 5/19: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

May 19, 2023
Price analysis 5/17: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Price analysis 5/17: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

May 17, 2023

Because of the latest actions, DOT fashioned a bearish flag on its 4-hour chart. Up to now six days, the alt nudged the 14-week assist stage (on the $26.1-mark) thrice. This indicated that the bulls didn’t absolutely dwindle and had a good restoration potential within the close to time period.

At press time, the alt traded at $28.26. DOT discovered a powerful RSI resistance close to the half-line for over a month. This studying discouraged robust near-term restoration possibilities. Additional, the MACD affirmed the earlier narrative by selecting the sellers.

Litecoin (LTC)

TradingView, LTC/USDT

The altcoin depicted a excessive correlation with the large-cap cryptos. Thus, it persistently fell in a descending channel after touching its 25-week milestone on 10 November. Because of this, the alt registered an over 41% 30-day decline.   

As witnessed on the 4-hour chart, LTC fashioned a bearish flag over the past week. After poking its 18-week low on 3 December, it retested the $167 resistance twice over the previous six days. At press time, LTC traded at $158.6. 

The RSI has been testing the equilibrium since 2 December however nonetheless couldn’t breach it, visibly depicting a bearish affect. Additional, the DMI additionally skewed in favor of the sellers however hinted at slim probabilities of a near-term bullish comeback. 

Decentraland (MANA)

TradingView, MANA/USDT

MANA really witnessed a dynamic trajectory since late October. Throughout the vivid section for the Metaverse tokens, MANA rallied to its ATH. Then, after a descending wedge breakout, the worth motion transposed into an ascending channel.   

Nonetheless, since then, the bears retested the $4.9-mark resistance thrice earlier than a big hunch. The downturn lastly correlated with the market pattern, not like its earlier rallies. Now, the alt noticed an anticipated bearish pennant breakout over the past day. Consequently, at press time, the alt traded at $3.577 after noting a 5.6% 24-hour loss.

The RSI confirmed a good restoration however wanted to cross its midline resistance to flash a bullish bias. Additionally, the DMI barely favored the bears however depicted a weak directional pattern.



Source link

Share76Tweet47

Related Posts

Price analysis 5/19: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Price analysis 5/19: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

by Mikhailev
May 19, 2023
0

The restoration in Bitcoin and most main altcoins halted close to respective overhead resistance ranges, indicating that the bears are...

Price analysis 5/17: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Price analysis 5/17: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

by Mikhailev
May 17, 2023
0

Bitcoin and most main altcoins are promoting off on rallies, proof that investor sentiment stays destructive within the brief time...

Price analysis 5/12: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Price analysis 5/12: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

by Mikhailev
May 12, 2023
0

Bitcoin and most main altcoins are slumping, however the charts counsel {that a} restoration could possibly be across the nook....

Price analysis 5/5: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Price analysis 5/5: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

by Mikhailev
May 5, 2023
0

Ether has damaged out of its triangle and which will pull Bitcoin worth above $30,000. Source link

Price analysis 5/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Price analysis 5/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

by Mikhailev
May 3, 2023
0

Bitcoin and choose altcoins are exhibiting a continuation sample, indicating indecision among the many bulls and the bears. Source link

Load More
  • Trending
  • Comments
  • Latest
Square Enix NFT And Blockchain Plans Laid Out In Annual Report

Square Enix NFT And Blockchain Plans Laid Out In Annual Report

May 13, 2022
Is Austin, Texas About to Lead the US in Blockchain, Crypto and Sustainability? With Mission 6, it Appears So

Is Austin, Texas About to Lead the US in Blockchain, Crypto and Sustainability? With Mission 6, it Appears So

May 13, 2022
Jack Dorsey Names Reason for Next Bitcoin Price Surge

438.4 Million Dogecoin Moved to Robinhood for Fee That Easily Beats Any Bank

May 22, 2022
Top LTC Online Gambling Sites for 2022

Top LTC Online Gambling Sites for 2022

May 15, 2022
Japan’s Nomura dives into cryptocurrency derivatives trading (NYSE:NMR)

Japan’s Nomura dives into cryptocurrency derivatives trading (NYSE:NMR)

0
Cryptocurrency Avalanche’s Price Increased More Than 8% Within 24 hours

Cryptocurrency Avalanche’s Price Increased More Than 8% Within 24 hours

0
Bitcoin & Cryptocurrency Take Massive Nose Dive

Bitcoin & Cryptocurrency Take Massive Nose Dive

0
Todd Snider talks life on the road making music ahead of Southern California dates – Daily News

Todd Snider talks life on the road making music ahead of Southern California dates – Daily News

0
Maybe Bitcoin didn’t bottom? SEC lawsuit against Binance shakes BTC bulls’ confidence

Maybe Bitcoin didn’t bottom? SEC lawsuit against Binance shakes BTC bulls’ confidence

June 5, 2023
Bitcoin price will get ‘another test’ of 200-week trend line — analyst

Bitcoin price will get ‘another test’ of 200-week trend line — analyst

June 5, 2023
The blockchain and AI bond, explained

The blockchain and AI bond, explained

June 5, 2023
Ethereum gas fees cool down after May memecoin frenzy

Ethereum gas fees cool down after May memecoin frenzy

June 5, 2023

Recent News

Maybe Bitcoin didn’t bottom? SEC lawsuit against Binance shakes BTC bulls’ confidence

Maybe Bitcoin didn’t bottom? SEC lawsuit against Binance shakes BTC bulls’ confidence

June 5, 2023
Bitcoin price will get ‘another test’ of 200-week trend line — analyst

Bitcoin price will get ‘another test’ of 200-week trend line — analyst

June 5, 2023
The blockchain and AI bond, explained

The blockchain and AI bond, explained

June 5, 2023

Categories

  • Altcoins
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Litecoin
  • Market & Analysis
  • Solana

Follow Us

Tags

Avalanche bitcoin bitcoin price bitcoin price in india bitcoin price today Blockchain Blockchain Wire business Business news Cardano Crypto Crypto Coins CryptoCurrencies Cryptocurrency cryptocurrency news cryptocurrency price today crypto market crypto news crypto price in india crypto price today Culture DeFi Dogecoin Dogecoin price ETH Ethereum fintech FTX investing Litecoin Markets News NFT Opinion Ripple SEO Shiba shiba inu Shiba Inu Price SOL Solana solana price TECH Technical Analysis Technology
  • Contact Us

© 2022 Top Crypto News - All rights reserved.

No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • Market & Analysis
  • Bitcoin
  • Altcoins
  • Dogecoin
  • Ethereum
  • Litecoin
  • Solana

© 2022 Top Crypto News - All rights reserved.