Bitcoin [BTC] and Litecoin [LTC] Price Analysis: BTC and LTC bulls defend position

2019-5-26 03:30

Bitcoin, the king of all cryptocurrencies was priced at $8,049.86 with a 0.98% 24-hour change and $25.61 billion in 24-hour trading volume, at press time. With a market cap of $142.61 billion, Bitcoin continued on its bullish path.

Litecoin was priced at $103.34 with 8.56% growth over the 24-hour change cycle and $6.12 billion was the 24-hour trading volume. Litecoin was ranked fifth with a market cap of $6.39 billion.

1-Day BTC

Bitcoin saw an uptrend from $3,959.01 to $8,146.31. The two resistance lines stood at $8,197.57 and $7,220.63, along with the three support lines at $5,026.28, $3,742.69 and $3,373.01.

Bollinger bands depicted an increase in the volatility of the market.

Awesome Oscillator showed a consistent rate of growth above the zero-line, supporting the short-term momentum as it became greater than long-term momentum. As the last three lines were red, a bearish swing was in the offing.

Chaikin Money Flow indicator line was just below the zero-mark, indicating that money was flowing out of the market.

1-Day LTC

Litecoin [LTC] saw three uptrends, from $38.91 to $92.15, $92.37 to $102.17, and $102.62 to $103.51. Resistance lines stood at $61.19 and $102.40 as the support lines were at $41.36 and $29.78.

Soure: TradingView

Parabolic SAR indicator displayed a bearish trend in the market as the markers were above the candles.

Moving Average Convergence/Divergence [MACD] showcased a bullish crossover as the MACD line crossed above the signal line.

Relative Strength Indicator presented a high buying pressure as the indicator line was positioned at 65.11.

Conclusion

Bitcoin and Litecoin are projected to be in bullish territory by the indicators.

The post Bitcoin [BTC] and Litecoin [LTC] Price Analysis: BTC and LTC bulls defend position appeared first on AMBCrypto.

origin »

Bitcoin (BTC) на Currencies.ru

$ 96316.2 (+0.04%)
Объем 24H $47.48b
Изменеия 24h: -1.99 %, 7d: -1.28 %
Cегодня L: $94918.25 - H: $96475.65
Капитализация $1909.716b Rank 1
Цена в час новости $ 7990.18 (1105.43%)

bitcoin btc ltc 24-hour billion litecoin priced

bitcoin btc → Результатов: 126


Bitcoin Market Dominance Faces a Challenge as This AI Altcoin is Set for 22,000% Gains

Many were left stunned after seeing Bitcoin (BTC) achieve milestone upon milestone but witnessing altcoins like Ethereum (ETH), Ripple (XRP), and Cardano (ADA) fail to pump by a meaningful amount. Now, after three straight months of Bitcoin (BTC) dominance, it seems the altcoin market is ready to push back with a major inflow of investments [...]

2025-2-12 02:00


MicroStrategy Strikes Again: $100 Million Bitcoin Purchase Signals Strong Market Confidence

MicroStrategy, the major enterprise software company that has evolved into a Bitcoin (BTC) investment platform, has captured attention once again with its latest purchase of $101 million in BTC. The company, led by chairman and co-founder Michael Saylor, has committed to utilizing perpetual preferred stock, common shares, and debt to fuel its ongoing Bitcoin purchasing strategy.

2025-1-7 06:00


Фото:

El Salvador now holds 6,000 BTC: can Bitcoin success story sustain?

El Salvador, the pioneering nation that made Bitcoin legal tender in 2021, has surpassed 6,000 BTC in its treasury, valued at $561.3 million as of the latest update. This milestone represents not only a strategic accumulation effort but also a bold economic experiment under President Nayib Bukele’s leadership. With a 105% unrealised return on its […]

2024-12-30 09:51


Фото:

El Salvador rings in Christmas 2024 with a Bitcoin twist

El Salvador continues to showcase its unwavering commitment to Bitcoin, doubling down on its cryptocurrency strategy despite stringent restrictions imposed by the International Monetary Fund (IMF). On 19 December 2024, the country purchased an additional 11 Bitcoin (BTC), valued at over $1 million, pushing its total reserves to nearly 6,000 BTC. This comes on the […]

2024-12-24 17:26


Фото:

Bitcoin Rally Set To Extend? Expert Foresees A $110,000 Price Target For BTC

The general cryptocurrency community is brewing with excitement and optimism following Bitcoin’s rally to a new all-time high on Monday. Despite the significant price growth, there are speculations that the uptrend may not be ending anytime soon, suggesting BTC’s potential for more increases to higher levels or milestones. Next Big Milestone For Bitcoin On The […]

2024-12-17 17:30