Litecoin (LTC) worth is at the moment on the backfoot as skinny quantity sparks a slight correction, pushing worth motion under the month-to-month S1 assist stage at $160. With that transfer, nevertheless, LTC has entered a pre-defined zone offering a superb shopping for alternative between $155 and $138. Anticipate demand to remain persistent in 2022, which ought to spark a brief rally again as much as $170.
Stellar (XLM) worth has opened at the moment above $0.28, which reveals that bulls are attempting to push the pattern increased. The Relative Energy Index (RSI) is confirming the excessive demand with a transfer above 50 however nonetheless holds loads of upside potential. The worth goal appears to be like to be set at $0.32, the place each the 55-day and 200-day Easy Transferring Common (SMA) kind a double cap.
Dogecoin worth has picked up some wonderful, bullish traction over the previous two weeks. An anticipated gap-fill between the our bodies of the weekly candlesticks and the weekly Tenkan-Sen is at the moment underway however might prolong past the Tenkan-Sen.