Chainlink (LINK), Avalanche (AVAX) and Litecoin (LTC) prices found lock levels at the beginning of this week. According to crypto analyst Manish Chhetri, technical views for these 3 Altcoin indicate rise. Analyst says that these tokens are preparing for double -digit gains.
LINK Price Estimation: Altcoin targets levels over $ 30!
The Chainlink (LINK) price was re -tested by re -testing the weekly support level, which is a weekly support level. Thus, it rose by 8.13 %until Thursday. This level coincides with two important support levels: 50 -day mobile average (EMA) and 38.2 %Fibonacci withdrawal (the lowest level of August 5, the highest level of $ 8.08, the highest level of December 30.96 dollars with the highest level ). This makes him an important zone of support.
If Altcoin maintains its upward acceleration, it will expand the rally by 23 %of its current level to test the highest level of $ 30.96 on December 16th. The relative power index (RSI) is over 50 with neutral level with 56 and points to the rise momentum. If the moving average convergence deviation (MACD) turns into an ascension passage in the daily graph, it will give a purchase signal and propose an upward trend.
LINK/USDT Daily GraphicsAvax Price Estimation: The price movement of the token looks promising!
Avalanche (AVAX) was rejected after testing a diminishing trend line on Sunday and fell by 12.3 %until Tuesday. However, on Wednesday, 61.8 %of the Fibonacci correction line (the lowest level of August $ 17.29 dollars, the highest level of December $ 55.79 dollars) was supported for $ 32. It also recovered by about 7 %until Thursday.
If AVAX continues to recover and rises above the diminishing trend line, it may extend the rally to re -test the weekly resistance level, $ 41.15. However, the RSI value is 44 and upward. In order to continue the ascension momentum, RSI needs to close and rise over 50, the neutral level. Like Chainklink, Avax’s MACD indicator on the daily graph is about to reversed a rise passage. If it is successful on a daily basis, it will give a purchase signal and propose an upward trend.
AVAX/USDT Daily GraphicsLTC Price Estimation: Altcoin bulls are targeting double -digit gains!
The Litecoin (LTC) price found around $ 112 in his 50 -day EMA on Tuesday and rose more than 18 %in the next two days. If the LTC continues to tend to rise, it will expand the rally by 14 %of its current level to re -test the highest level of $ 147.34 on December 5th. RSI is worth 59 and points to the upward momentum. In addition, the MACD indicator on the daily graph gives a signal of a purchase by showing a rise pass on Thursday and proposes a trend of ascension.
LTC/USDT Daily GraphicsThe opinions and estimates in the article belong to the analyst and are not definitely investment advice. Kriptokoin.comWe recommend that you do your own research before investing.
