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Crypto Analyst Projects Next Moves for LTC, MATIC, and ARB

11M ago
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bearish:

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  • LTC could break above the resistance at $93 and initiate a pre-halving rally in the new week.
  • MATIC spiked after Polygon’s recent NFT announcement during the GP Monaco F1.
  • ARB’s current price provides a long entry opportunity at $1.10.

Michael van de Poppe, CEO and founder of MN Trading, notes that Litecoin (LTC) could break above the resistance at $93 and initiate a pre-halving rally in the new week. In a tweet, van de Poppe observed LTC found support at $82 and only needs a bounce to enter the new phase.

Van de Poppe explained his LTC analysis using a screenshot of the LTC/USDT daily chart on TradingView. He explained that many squiggles in the price chart could affect the short-term LTC price behavior. However, according to the renowned crypto analyst, the trend looks more profound in the higher time frame, with the $82 support more obvio…

The post Crypto Analyst Projects Next Moves for LTC, MATIC, and ARB appeared first on Coin Edition.

11M ago
bullish:

0

bearish:

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