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Litecoin, Cosmos, Decred Price Analysis: 30 November

bitcoinschannel.com

Litecoin pictured a bullish divergence between the price and the momentum indicator (RSI) and bounced strongly off the support at the 50% retracement level for LTC’s move from $45 to $94 over the past two months. The 61.8%, 50%, and 38.2% retracement levels have performed remarkably as support, and it was likely that LTC would resume the previous uptrend and flip the resistance at $80 to support.

Since then, ATOM has climbed steadily past the retracement levels, while also rising past the resistance at $5.45 on a trading session with above-average trading volume, lending legitimacy to the rise in price. The level at $24.6 has seen the price get rejected a few days ago and the indecisive candle that tested the resistance might presage DCR testing the $22-region before another surge upwards.

Read in Full: bitcoinschannel.com
Bitcoin ATOM
$ 12.262
Bitcoin DCR
$ 28.19
Bitcoin LTC
$ 94.34

Timeline of Cosmos, Decred, Atomic-coin, Litecoin

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Bitcoin Bitcoin
70811.3000 1.94%
Ethereum Ethereum
3572.62000 1.86%
BNB BNB
585.547000 0.56%
Solana Solana
189.272000 2.50%
XRP XRP
0.62438100 1.98%