Litecoin Eyes Potential Uptrend As Uniswap Investors Show Interest in New DeFi Coin
The post Litecoin Eyes Potential Uptrend As Uniswap Investors Show Interest in New DeFi Coin appeared on BitcoinEthereumNews.com.
The crypto market could see more gains in the coming weeks if Bitcoin regains its momentum. If this happens, Litecoin (LTC) may rally to $115. As Litecoin consolidates, Uniswap (UNI) investors are focusing on IntelMarkets (INTL) as the DeFi project of the future. Being a decentralized trading platform with AI integration, analysts say IntelMarkets could take over the DeFi market. Analysts have forecasted a 1,100% surge in the future. Litecoin (LTC) Could Pump To $110 If Bitcoin Rises Litecoin (LTC) has been trading between $83.31 and $103.77 in the last seven days. The cryptocurrency is consolidating above the 50-SMA ($74.40), which is a very bullish sign. According to data from CoinMarketCap, the value of the Litecoin token has soared by 9.0% in the weekly timeframe. There are also gains of 22.9% on the biweekly level and 30.8% on the monthly chart. CRYPTOWZRD told his followers the Litecoin price is trading close to a major resistance at $94. A breakout could push the value of the altcoin to $110 in the coming days as long as it remains above the support at $80. However, CRYPTOWZRD notes that Bitcoin’s overall sentiment could affect the price movement of the Litecoin crypto. The Stoch RSI (14) is currently showing a buy signal, which is a sign that bulls are in control. So, investors should watch out for the $94 resistance. Uniswap (UNI) Needs To Close Above $12 To Spark Uptrend Over the last few days, the Uniswap coin has been consolidating between $10 and $12. The DeFi token has failed to breach the resistance around the upper level, leaving investors tired. Meanwhile, Uniswap (UNI) has double-digit gains on the price charts. In the 7-day timeframe, the cryptocurrency is up 22.3%. in the 14 day timeframe, it has a profit of 25.6%. Amdtrades notes that…
Filed under: News - @ November 30, 2024 5:16 am