On the hourly chart, LTC formed a rising wedge pattern (white) and dipped from $228 to $217 before resuming its move upwards. The $220 area of demand lived up to its name, and the $230 and $244 levels have been flipped to support.
LTC was trading at $256 at the time of writing. The $270 and $287 are levels of overhead resistance.
While the Awesome Oscillator was forced to retreat to the zero lines, on longer timeframes, momentum was strongly bullish.
Dogecoin flipped the $0.062 level from resistance to support a few days ago and has seen strong buying volume since. The RSI reached into overbought territory and pulled back to 66 as DOGE also saw a pullback from $0.075 to test the $0.0716 retracement level.
A deeper retracement to $0.066 is also possible. After this correction, DOGE would likely begin another move toward $0.08, and some extension levels are plotted in gray.
Dropping beneath the 50% retracement level at $0.062 will see DOGE descend toward $0.05 once more.
Chiliz was in a steady downtrend since reaching highs at $0.94. CHZ has support at $0.47 and $0.42, and a further drop could see demand step in at $0.37. However, there was no sign that CHZ was ready to begin recovery toward $0.9 again.
The A/D line showed strong, steady selling pressure on CHZ which has forced the coin to trend lower down the charts in recent weeks. It appeared to be only a matter of time before CHZ broke beneath the $0.4 mark.
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