- summary:
- In this upper article to predict encryption prices, we look at LTC, BNB and XLM prices and why it is likely to go up.
The encryption market has struggled in the past two weeks, as Bitcoin faces resistance at a brand of $ 100,000. However, the last 48 hours have seen some aspects of recovery, and the following three currencies indicate a high rise in the short term.
Litecoin
PRICE Litecoin was in a strong upward trend challenging the encryption market in several ways. While the broader market was in a state of recession and lost more than $ 550 billion of value in the past ten days, the LTC price was flexible and gained 20.5 % last week. In addition, it rises by 7.4 % on the daily chart to this lines.
The momentum that pays the price of Litecoin is a compliment to strong positive feelings surrounding the possible approval of ETF by the Securities and Stock Exchange Committee (SEC). Amid optimism, the trading volume increased 24 hours by 50.7 % at the time of writing this report, indicating a strong upper momentum.
Litecoin prediction
Axis: Pivot Litecoin is $ 121.35. The momentum calls for more bullish direction.
Resistance: It is likely that the resistance is the first to be 129.85 dollars. The second in 135.40 dollars.
Support: Basic Support at $ 116.85, below, which will be an inaccurate bullish direction. The second is probably at $ 110.40.
Star (xlm)
The price of XLM increased by 7 % on the daily chart to $ 0.335 to this writing. The currency works on the shoulder to the shoulder with XRP as a coin with the highest potential for explosive growth in the ecosystem of financial services. Before profit today, the price of XLM was heading about 200-SMA, indicating a strong declining momentum.
It is worth noting that today’s gain is the outbreak of the fall of the fall of the fall that was previously formed by the original on the daily chart. Therefore, emphasis on the candlestick can be the beginning of the most powerful payment in the coming days.
XLM prediction price
Pivot: Continuing momentum signals in the upward trend over $ 0.303.
Resistance: The first barrier is likely to be at $ 0.347, and the next barrier is likely to come at $ 0.380.
Support: First Support at $ 0.274. The pace of the upward trend is not valid at the bottom of this level. The second support is likely at $ 0.250.
BNB currency
The BNB price was in a winning series during the past five days, and has risen by 2.1 % at the time of writing this report. The bullish trend of the currency is supported by the launch of the Four Meme Platform on the BNB series. The platform is the series’s answer to Solana’s Fun.pump and TON’s Sun.pump, and is expected to increase BNB Coin.
However, the Meme Coin launch platform suffered a security breach on Tuesday, causing trading suspension. The exploitation caused a loss of $ 183,000, but it was contained more before spreading. However, Binance Tema is likely to address the challenge, which means that the BNB price is likely to remain in the upward direction.
BNB currency prediction predictions
Axis: BNB coin prices axis at $ 619.10. RSI prefer the upward trend of this level.
Resistance: Initial Resistance at $ 651.00. The second resistance is at $ 685.80
Support: First Support at $ 578.30. The bullish narration will be invalid if the price broke out below this level. The second support at 536.75 dollars
