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Ethereum, Litecoin and Avalanche Price Analysis: Sep 12




Ethereum has been trading sideways with a lower gain of 1.70%. ETH was considering its multi-month high of $ 4033.45. Litecoin was also consolidating with a small gain of 1.10%, with immediate overhead resistance at $ 194.13. By contrast, Avalanche dissociated itself from broader market sentiment and rallied 21.06%, securing an all-time high of $ 64.87. The last time AVAX tried to reach this price level was almost six months ago.

Ethereum (ETH)

Ethereum was seen consolidating on its charts as it was trading at $ 3,432.49. Over the past 24 hours, ETH was up 1.70% on its chart. Immediate overall resistance for ETH stood at $ 3,715.04, at this level, Ethereum could touch its one-week price level again.

Upon breaking through the aforementioned price resistance, ETH could revisit its multi-month high of $ 4033.47. Technical indicators were pointing towards a positive price action for Ethereum. MACD it showed green bars on its histogram, after a bullish crossover.

Awesome oscillator flashing green signal bars. Relative Strength Index it was above the midline, indicating a reactivation of buying pressure. In case of ETH crash, the immediate minimum price waiting for ETH stood at $ 2,946.43. This minimum price marks the one-month low price mark for ETH. Further declining, ETH could find support at the $ 2,600.07 support region.

Litecoin (LTC)

Ethereum, Litecoin and Avalanche Price Analysis: Sep 12

LTC / USD, TradingView

Litecoin was also trading sideways and was priced at $ 182.05. It registered a small increase of 1.10% in the last 24 hours. The immediate maximum price of LTC stood at 194.13 dollars, exceeding this level, LTC would revisit its price level in one week.




Staying above its one-week price level, LTC could attempt to touch $ 218.15 and then revisit its multi-month high of $ 232.77. Key indicators were pointing towards a bullish price action for the coin. MACD you noticed green bars on your histogram.

Awesome oscillator green signal bars are also displayed. Capital inflows recovered as Chaikin money flow it was observed above the midline. Should LTC continue to consolidate during the upcoming trading sessions, prices could drop to their one-month low of $ 160.58. The additional price level stood at $ 135.32, which would mark a low price mark of more than a month for Litecoin.

Avalanche (AVAX)

Ethereum, Litecoin and Avalanche Price Analysis: Sep 12

AVAX / USD, TradingView

Avalanche showed a 21.60% rally during the previous day. Priced at $ 62.25, AVAX secured its all-time high. On the 4-hour chart, it hovered above the 20-SMA line, indicating that the momentum of the coin was in favor of buyers. The immediate resistance mark stood at $ 63.27.

MACD you saw growing green bars on your histogram. Awesome oscillator represented amplified green signal bars. Relative Strength Index According to the four-hour 20-SMA it moved above the $ 75 mark, indicating that the coin was in oversold territory.

In case Avalanche suffers a corrective price pullback, the support region for the coin stood at $ 41.92, which is also its 2-week price low. The additional minimum price was $ 33.74 and $ 21.64.

This is a machine translation of our English version.




TAMMY SEWELL
Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: [email protected] Phone: +1 513-209-1700

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