Cryptocurrencies Price Prediction: Cardano, Zcash & Litecoin – Asian Wrap 14 Jan
|Cardano Price Forecast: ADA battles this crucial barrier for the ultimate liftoff to $0.4
Cardano is among the altcoins that have recorded double-digit gains over the last 24 hours. The price action must have followed Bitcoin’s surge above $37,000. ADA is trading at $0.31 after accruing over 10% in gains. The main aim is to bring down the resistance at $0.32 while focusing on the rest of the journey to $0.4.
Zcash price could be on the verge of a correction as indicator flashes sell signal
Zcash price is up by 116% in the past two weeks and has established a new two-year high at $120.69. Additionally, the digital asset has seen a massive increase in trading volume which adds a lot of credence to the breakout. On the daily chart, the TD Sequental indicator has just presented a sell signal for the first time since August 2020.
Litecoin Price Prediction: LTC at the door of a 16% explosion
Litecoin has been under consolidation for the past two days and has formed a symmetrical triangle pattern on the 1-hour chart. The digital asset looks primed for a massive 16% breakout towards $166. LTC is currently trading just below a critical resistance level at $142 which would open the doors for a 16% breakout towards $166.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.