Litecoin exhibits a bullish outlook today, and the $115 mark remains a crucial resistance that the alt can overcome soon. Meanwhile, Stellar Lumens and Cosmos seemed to create a range.
Litecoin (LTC)
LTC meets a challenging hurdle around the $115 mark. In the short term, the massive support floor sits at $101, then $107. The ascending trend-line foothold meant Litecoin was somewhat printing an ascending triangle formation.
Therefore, Litecoin will likely lose the bullish picture in the coming few days. LTC may see a retracement towards $110 before further downswings drag the token lower to the support barrier of around $107.9. The Moving Average Convergence Divergence withdrew from massively bullish towards the zero-line. That displayed neutral momentum in this publication. The on-balance volume saw an upsurge last week, highlighting buying volume presence.
Cosmos (ATOM)
The VPVR positioned the Point of Control (POC) at 24.04, whereas the Value Area Highs and Lows stood at $25.05 and $23.85. That means most of last week’s trading happened between these ranges.
While writing this content, the Relative Strength Index dropped under the 50-neutral as the price hovered around the support of $24.28. That shows that Cosmos may witness a further downward move. Moreover, the on-balance volume dipped amid the retracement from $25, but OBV sustained more buying pressure and selling. The range between $24 – $24.3 could present a ‘buy’ opportunity in the coming hours.
Stellar Lumens (XLM)
According to the 2hr chart, Stellar Lumens seemed to create a range between $0.2125 and $0.186. The previous two weeks had the Relative Strength Index climbing towards 70 and plunging to 30. The indicator did not display bias in either direction. Also, the price oscillated from $0.21 to $0.18.
Moreover, the Aroon Oscillator displayed down and uptrends within the previous two weeks. The DMI indicated no impending massive trend. The ADX plunged beneath the 20-level over the past few days, showing an absence of colossal trends in the making.
