Litecoin (LTC) Ranges after a Breakdown, Is It Time to Buy?
Litecoin crashed to $43 after the last bearish impulse. Previously, the coin had been trading above $50 for over a month before the market went up. This sudden price jump hit resistance at $65. After a pullback, the bulls retested the resistance to form a bearish double top pattern. This pattern formation led to a further drop of Litecoin to a low of $43.
Security Token Offering as a Blockchain-Based Alternative to IPO
Whenever the venture capitalists or the public asks how it is possible today for a firm to gather capital for growth and development, the first thing that comes into consideration is an initial public offering (IPO), which is the process that it is popularly regarded as the opening of social capital to the public.
Ripple (XRP) Tumbles Again as Market Breaches Support at $0.22
The Persistent tussle between the bulls and bears over the support at $0.22 has given the bears an advantage over the bulls. Buyers could not sustain hold above the support because of the absence of buyers at the previous highs. Yesterday, XRP dropped suddenly to $0.21, but a pullback was not sufficient to keep the coin above the $ 0.22.
Ethereum Recovery Faces Stiff Resistance; Can the Bulls Sustain an Upturn?
Regrettably, the pair shows no signs of recovery below the price at $150 and $160. Yesterday, the coin made a pullback and retested the price at $150 resulting in further depreciation. A retest is a confirmation that the bearish trend is ongoing. The bears have capitalized on this to sink the coin to the previous low.