Digital Currency/Stablecoin/Tokenization Series: Quick Glance At The Key Roles Of Tokenized Assets (Security Tokens) In Enterprise
Crypto Technicals: XRP/USD finds stiff resistance at 21W-EMA (0.3008), break above to accentuate gains
Crypto Technicals: LTC/USD consolidates break below 20-DMA, on track to test trendline support at 52.25
Crypto Technicals: XMR/USD holds above trendline support, 'Bullish Divergence' raises scope for upside
Crypto Technicals: Bitcoin cash (BCH) finds strong support at 208.85, break below to strengthen bearish bias
Crypto Technicals: LTC/BTC pauses at 4H 200 SMA, break above will propel the pair higher
LTC/BTC chart - Trading View
Exchange - Coinbase
Support: 0.006873 (21-EMA); Resistance: 0.007634 (50-DMA)
Technical Analysis: Bias Bullish
LTC/USD has paused upside after 5 straight sessions of gains.
'Doji' formation is seen on the daily candle at the time of writing.
The pair finds stiff resistance at 4H 200 SMA (0.007034), break above will propel the pair higher.
'Golden Cross' (bullish 50-DMA crossover on 200-DMA) on the 2H charts supports upside in the pair.
Stochs and RSI are biased higher and RSI is above 50 mark extending support to the uptrend.
Price action has broken above 20-DMA and 'Bullish Divergence' on RSI and Stochs adds upside bias.
Breakout at 4H 200 SMA eyes next major resistance at 50-DMA at 0.007634 ahead of 55-EMA at 0.007839.