Altcoins

Litecoin, Zilliqa, ApeCoin Price Analysis: 31 March

Litecoin was buying and selling inside a rising channel and had good assist on the $126 and $128 ranges. Zilliqa may publish a pullback within the coming hours or subsequent couple of days after every week of up-only, whereas ApeCoin slid again beneath the vary it tried to interrupt out of.

Litecoin (LTC)

Litecoin, Zilliqa, ApeCoin Price Analysis: 31 March

Supply: LTC/USDT on TradingView

Litecoin has been buying and selling inside an ascending channel over the previous ten days. On the time of writing, the RSI dived beneath the impartial 50 line at the same time as LTC plunged beneath the $131 mark and the mid-point of this channel.

The latest buying and selling session previous to press time had extraordinary buying and selling quantity, and $128 and $126 are ranges to be careful for within the close to time period. The Stochastic RSI was oversold. A drop beneath $128 and $126 may see LTC search assist at $118-$120.

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Zilliqa (ZIL)

Litecoin, Zilliqa, ApeCoin Price Analysis: 31 March

Supply: ZIL/USDT on TradingView

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ZIL has been strongly bullish up to now week and has gained practically 350% in every week. Prior to now few hours, a bearish divergence between the worth and momentum (RSI) was rising. The value made larger highs whereas the RSI made decrease highs. This might see ZIL dip to $0.182. The Fibonacci retracement ranges additionally marked out the $0.125-$0.145 space as a requirement zone.

The OBV has been steadily rising, and except this modifications, assessments of assist ranges may supply shopping for alternatives. To the upside, a longer-term resistance stage at $0.224 would must be damaged.

ApeCoin (APE)

Litecoin, Zilliqa, ApeCoin Price Analysis: 31 March

Supply: APE/USDT on TradingView

ApeCoin appeared to interrupt out of a variety (white) from $9.5 to $14.5 a few days in the past. Nonetheless, the breakout failed resulting from an absence of demand, as seen on the OBV. The value was unable to register a better excessive after the breakout. As a substitute, a flip from a bullish to a bearish market construction was witnessed when the worth dropped beneath $13.65 to check assist at $13.

On the time of writing, the short-term market construction was bearish, and contemplating the rejection from the vary highs up to now couple of days it was seemingly that the worth would search the mid-point of the vary as soon as once more. The RSI stood at 47 and if it closes a session beneath 40, the probability of a transfer down would improve.

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