Ethereum has been trading sideways with a minor gain of 1.70%. ETH was eyeing its multi-month high of $4033.45. Litecoin was also consolidating with a minor gain of 1.10%, with immediate overhead resistance at $ 194.13. Contrastingly, Avalanche dissociated itself from the broader market sentiments 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)
ETH / USD, TradingView
Ethereum was seen consolidating on its charts as it was trading at $3432.49. Over the last 24 hours ETH moved up on its chart by 1.70%. Immediate overhead resistance for ETH stood at $3715.04, at this level Ethereum could once again touch its one-week price level.
Upon toppling over the aforementioned price resistance, ETH could revisit its multi-month high of $4033.47. Technical indicators pointed towards a positive price action for Ethereum. MACD displayed green bars on its histogram, after a bullish crossover.
Awesome oszcillátor zöld jelzősávok villogtak. Relative Strength Index stood above the half-line, indicating a revival in buying pressure. In the event of ETH dipping, the immediate price floor awaiting ETH stood at $2946.43. This price floor marks ETH’s one-month low price mark. On further decline, ETH could find support in the $2600.07 support region.
Litecoin (LTC)
LTC / USD, TradingView
Litecoin was also trading sideways and was priced at $182.05. It registered a minor hike of 1.10% over the last 24 hours. The immediate price ceiling of LTC stood at $194.13 breaching this level, LTC would again revisit its one-week price level.
Sustaining over its one-week price level, LTC could attempt to touch $218.15 and then revisit its multi-month high of $232.77. Key indicators pointed towards bullish a price action for the coin. MACD observed green bars on its histogram.
Awesome oszcillátor also depicted green signal bars. Capital inflows recovered as Chaikin pénzáramlás was observed above the mid-line. In case LTC continues to consolidate over upcoming trading sessions, the prices could dip to their one-month low of $160.58. The additional price level stood at $135.32 which would mark a more than one-month low price mark for Litecoin.
Lavina (AVAX)
AVAX / USD, TradingView
Avalanche depicted a rally of 21.60% over the past day. Priced at $ 62.25, AVAX secured its all-time high. On the 4 hour chart, it stood above the 20-SMA line which indicated the momentum of the coin was in favour of the buyers. The immediate resistance mark stood at $ 63.27.
MACD observed growing green bars in its histogram. Awesome oszcillátor depicted amplified green signal bars. Relative Strength Index in accordance with the four-hour 20-SMA was positioned above the $75 mark indicating that the coin was in the oversold territory.
In case Avalanche undergoes a corrective price pullback, the support region for the coin stood at $41.92, which is also its 2-week price low point. The additional price floor stood at $33.74 and at $21.64.
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Source: https://ambcrypto.com/ethereum-litecoin-avalanche-price-analysis-12-september/
