Litecoin Price Prediction: LTC Not Ready To Step On The Podium As Metric On The Chain Warns
Litecoin price has corrected 75% from its May high to today’s low of $ 104.02. Still, the current falling wedge pattern combined with oversold technical indicators like the RSI and Percentage Price Oscillator (PPO) suggest that LTC may be on the verge of a rebound, despite the IOMAP metric communicating the lack of support below current price.
Shiba Inu corrects 25% with even more pain for SHIB
Shiba Inu did not differ in any way from any other cryptocurrency during the market turmoil due to rising Covid cases in the USA and Great Britain. Investors are concerned about a third wave that could come if economies reopen without commitments to masks or other security measures. The price movement is approaching two interesting entry points for long-term buyers.
Dogecoin Price Prediction: DOGE still has 6% of losses ahead of them before buyers can step in
DogeCoin was no match for the global risk appetite that was shaking markets. Investors are concerned about a third wave of Covid as cases rise again in countries that are reopening. In this risk-free move, cryptocurrencies and stocks are the first to be removed from the portfolios.