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Cryptocurrencies Mixed as Litecoin Hits Highs and Nears Targets

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Cryptocurrencies Mixed as Litecoin Hits Highs and Nears Targets

Introduction

This article was posted on Wednesday, 07:22, UTC.

The major coins dipped lower after a promising start on Tuesday, as momentum remained weak in the low volume environment. Litecoin hit a new high in early trading, while NEM and Dash were also relatively strong, with Ethereum still being stuck below $300 and Bitcoin trading near the $2600 level throughout the week. Today’s session might be a crucial one after the 4-day low volume period, and the next significant move could define the sentiment of the week, while also turning the tide on the long-term charts. Bitcoin BTC/USD, 4-Hour Chart Analysis Bitcoin is trading in a very narrow range…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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