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Litecoin. Cardano & Uniswab — Asian Wrap 21 May

by Handy
May 21, 2021
in Litecoin
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Litecoin Price Prediction: LTC confirms 38% upswing
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Litecoin Value Prediction: LTC bears eye 20% decline amid mounting strain

Litecoin value has seen a pointy restoration after Wednesday’s large sell-off. Nevertheless, this uptrend will face vital overhead obstacles that might stop it from climbing larger. A decisive shut above $247.04 will invalidate the bearish thesis and kick-start an upswing.

 

Cardano value positions ADA to be a frontrunner within the subsequent crypto rally

Cardano value recovered the 50-day easy shifting common (SMA) on a day when a lot of the cryptocurrencies have been struggling to regain their 200-day SMA. It’s a notable demonstration of relative power and solidifies ADA as a frontrunner for the following wave of shopping for within the crypto market.

 
Uniswap value route unsure, UNI wants time to consolidate

Uniswap value fell 53% yesterday on the intra-day low earlier than rebounding 40% to shut nicely above the strategically necessary 200-day easy shifting common (SMA). The magnitude of the bounce coupled with enhancing fundamentals leaves UNI able for a comparatively tight consolidation for the foreseeable future.



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