Verge, XVG

Bitcoin (BTC)

Bitcoin (BTC) has been on a downtrend for the past 24-hours. In this period, it has dropped from a high of $3575.5 to a low of $3480. This drop followed Bitcoin (BTC)’s failure to push above the 200-day MA at $3573.8. This is an indicator that bears are still in control of the market. To go short on Bitcoin (BTC), it would be best to wait for a break below the 72-hour low of $3422.2. This would be an indicator of increased bearish sentiment. It would also be a signal to go short with a target of $3299.3. This is a key support level for Bitcoin (BTC) on the 1-day chart, and a possible long-term support for Bitcoin (BTC), before it turns long-term bullish.

On the other hand, if Bitcoin (BTC) gains bullish momentum and pushes above the 1-hour 200-day MA at $3573.8, it would be a signal to go long on Bitcoin (BTC). A long position at this price level would have a good exit point at $3641.7. This is a key resistance level for Bitcoin (BTC) in the day. If it pushes above this level, then there is a possibility that it could rise to $3703.6. This is a key resistance level for Bitcoin (BTC) on the 3-hour 200-day MA.

XRP (XRP)

XRP (XRP) has been bearish for the past 24-hours. In this period, it has dropped from a high of $0.342 to a low of $0.308. However, in the last 6-hours, it has been trading in a range above the 1-hour 200-day MA at $0.312. This could be an indicator that it could have hit the bottom after the latest sell-off, and that it could possibly turn bullish. However, to go long on XRP (XRP), it would be best to wait for a break above the 24-hour high of $0.342. This would be confirmation that bulls are back in control. A long position at this price level would have a good exit point at $0.387. This is a key resistance level for XRP (XRP) on the 12-hour 200-day MA.

On the flip side, if XRP (XRP) breaks the 1-hour 200-day MA at $0.312 and extends below the 100-day MA at $0.305, it would be a signal that bears are in control. This would be a signal to go short with a target of $0.289. This is a key support level for XRP (XRP), and possible reversal point in the short-term.

Litecoin (LTC)

Litecoin (LTC) has been on a downtrend for the past 24-hours, dropping from a high of $33.08 to a low of $31.69. However, in the last 6-hours, Litecoin (LTC) has been trading in a range with $31.77 offering support. To trade in Litecoin (LTC), it would be best to wait for a clear break outside of this range. If it breaks this support, it would be a signal to go short with a target of $30.70. This is a key support level for Litecoin (LTC), and a possible exit point in the next 24-hours.

On the other hand, if it breaks out to the upside and pushes above the 24-hour high of $33.08, it would be a signal to go long with a target of $34.35. This is the next key resistance level for Litecoin (LTC) in the short-term.

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