{"id":5828,"date":"2022-01-24T18:04:34","date_gmt":"2022-01-24T18:04:34","guid":{"rendered":"http:\/\/egrowonline.com\/?p=5828"},"modified":"2022-01-24T18:04:34","modified_gmt":"2022-01-24T18:04:34","slug":"litecoin-stellar-near-price-analysis-24-january","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=5828","title":{"rendered":"Litecoin, Stellar, NEAR Price Analysis: 24 January"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"mvp-content-main\">\n<p><span data-preserver-spaces=\"true\">While altering the broader sentiment is still only a wish for the bulls, the near-term technical indicators of Litecoin, Stellar and NEAR continued to flash a selling bias after touching their multi-month lows. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Stellar and NEAR bullishly diverged with its 4-hour RSI but they need higher volumes to sustain a rally.<\/span><\/p>\n<h4><strong><span data-preserver-spaces=\"true\">Litecoin (LTC)<\/span><\/strong><\/h4>\n<div id=\"attachment_214172\" style=\"width: 2995px\" class=\"wp-caption aligncenter\"><a target=\"_blank\" href=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143141\/LTCUSDT_2022-01-24_13-26-54.png\" data-wpel-link=\"internal\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-214172\" loading=\"lazy\" class=\"wp-image-214172 size-full lazy\" src=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143141\/LTCUSDT_2022-01-24_13-26-54.png\" alt=\"\" width=\"2985\" height=\"1385\" srcset=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143141\/LTCUSDT_2022-01-24_13-26-54.png 2985w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143141\/LTCUSDT_2022-01-24_13-26-54-300x139.png 300w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143141\/LTCUSDT_2022-01-24_13-26-54-1024x475.png 1024w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143141\/LTCUSDT_2022-01-24_13-26-54-768x356.png 768w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143141\/LTCUSDT_2022-01-24_13-26-54-1536x713.png 1536w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143141\/LTCUSDT_2022-01-24_13-26-54-2048x950.png 2048w\" data-sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><\/p>\n<p id=\"caption-attachment-214172\" class=\"wp-caption-text\">Source: TradingView, LTC\/USDT<\/p>\n<\/div>\n<p><span data-preserver-spaces=\"true\">The sellers took on the initiative after the bulls lost the vital $143-resistance (previous support) on 5 January. LTC managed to claw back on an up-channel (white) but could not sustain itself above the aforestated mark.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Having an over 90% correlation with Bitcoin, LTC followed the king coin\u2019s footsteps over the last week. As a result, the alt lost over 37% after the up-channel breakdown. Following the same, it poked its 13-month low on 22 January. Now, the <\/span><strong><span data-preserver-spaces=\"true\">20-SMA<\/span><\/strong><span data-preserver-spaces=\"true\"> (cyan) stands as an immediate barrier for the bulls. Also, buyers will have to defend the $105-level to prevent further breakdowns.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At press time, LTC traded at $105.4. Since the head and shoulder break down on 18 January, the <\/span><strong><span data-preserver-spaces=\"true\">RSI<\/span><\/strong><span data-preserver-spaces=\"true\"> remained below the midline. To reignite the recovery chances, it needs to find a close above its immediate resistance at the 39-level.<\/span><\/p>\n<h4><strong><span data-preserver-spaces=\"true\">Stellar (XLM)<\/span><\/strong><\/h4>\n<div id=\"attachment_214173\" style=\"width: 2995px\" class=\"wp-caption aligncenter\"><a target=\"_blank\" href=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143248\/XLMUSD_2022-01-24_14-03-44.png\" data-wpel-link=\"internal\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-214173\" loading=\"lazy\" class=\"wp-image-214173 size-full lazy\" src=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143248\/XLMUSD_2022-01-24_14-03-44.png\" alt=\"\" width=\"2985\" height=\"1384\" srcset=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143248\/XLMUSD_2022-01-24_14-03-44.png 2985w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143248\/XLMUSD_2022-01-24_14-03-44-300x139.png 300w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143248\/XLMUSD_2022-01-24_14-03-44-1024x475.png 1024w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143248\/XLMUSD_2022-01-24_14-03-44-768x356.png 768w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143248\/XLMUSD_2022-01-24_14-03-44-1536x712.png 1536w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143248\/XLMUSD_2022-01-24_14-03-44-2048x950.png 2048w\" data-sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><\/p>\n<p id=\"caption-attachment-214173\" class=\"wp-caption-text\">Source: TradingView, XLM\/USD<\/p>\n<\/div>\n<p><span data-preserver-spaces=\"true\">Since the 5 January decline, XLM has practically oscillated below the basis line (green) of the <\/span><strong><span data-preserver-spaces=\"true\">Bollinger Bands.\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">This movement depicted a strong bearish influence over the last three weeks.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The recent sell-off from the $0.2464-level propelled the alt to lose nearly a third of its value. Consequently, XLM hit its one-year low on 22 January. Subsequently, the recovery from there halted at the basis line yet again. Now, the $0.187-mark becomes vital for the buyers to hold.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At press time, XLM was trading at $0.1893. The <\/span><strong><span data-preserver-spaces=\"true\">RSI<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0revived after a falling wedge breakout as it reclaimed the 33.8-mark. Over the past few hours, it bullishly diverged (yellow trendline) with the price action. Although the\u00a0<\/span><strong><span data-preserver-spaces=\"true\">CMF\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">was still below the zero-line, it pictured strong revival. However, the <\/span><strong><span data-preserver-spaces=\"true\">Volume Oscillator<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0was at its record low, hinting at weak price movements.<\/span><\/p>\n<h4><strong><span data-preserver-spaces=\"true\">Near protocol (NEAR)<\/span><\/strong><\/h4>\n<div id=\"attachment_214174\" style=\"width: 2995px\" class=\"wp-caption aligncenter\"><a target=\"_blank\" href=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143331\/NEARUSDT_2022-01-24_14-24-00.png\" data-wpel-link=\"internal\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-214174\" loading=\"lazy\" class=\"wp-image-214174 size-full lazy\" src=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143331\/NEARUSDT_2022-01-24_14-24-00.png\" alt=\"\" width=\"2985\" height=\"1384\" srcset=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143331\/NEARUSDT_2022-01-24_14-24-00.png 2985w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143331\/NEARUSDT_2022-01-24_14-24-00-300x139.png 300w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143331\/NEARUSDT_2022-01-24_14-24-00-1024x475.png 1024w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143331\/NEARUSDT_2022-01-24_14-24-00-768x356.png 768w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143331\/NEARUSDT_2022-01-24_14-24-00-1536x712.png 1536w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/01\/24143331\/NEARUSDT_2022-01-24_14-24-00-2048x950.png 2048w\" data-sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><\/p>\n<p id=\"caption-attachment-214174\" class=\"wp-caption-text\">Source: TradingView, NEAR\/USDT<\/p>\n<\/div>\n<p><span data-preserver-spaces=\"true\">The altcoin saw an exceptional 56.7% ROI (from 10 January low) and marched toward its ATH at $20.597 on 15 January. Since then, it lost over half of its value while marking lower peaks and troughs.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At press time, the alt traded at $10.244. The <\/span><strong><span data-preserver-spaces=\"true\">RSI<\/span><\/strong><span data-preserver-spaces=\"true\"> took a sharp 30 point plunge from 17 January and tested the 33-mark thrice. Then, after plunging to its record low at 18.4, it saw a revival after forming a bullish divergence (yellow trendline) with the price.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Interestingly, the\u00a0<\/span><strong><span data-preserver-spaces=\"true\">OBV\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">maintained its support that upheld higher prices over the past week. This reading displayed a potential comeback possibility for the bulls. However, the\u00a0<\/span><strong><span data-preserver-spaces=\"true\">DMI<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0continued to flash a bearish bias.<\/span><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/ambcrypto.com\/litecoin-stellar-near-price-analysis-24-january\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While altering the broader sentiment is still only a wish for the bulls, the near-term technical indicators of Litecoin, Stellar and NEAR continued to flash a selling bias after touching their multi-month lows. Stellar and NEAR bullishly diverged with its 4-hour RSI but they need higher volumes to sustain a rally. Litecoin (LTC) Source: TradingView, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[43],"tags":[14,2460,199,195,2367],"class_list":["post-5828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-analysis","tag-january","tag-litecoin","tag-price","tag-stellar"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/quantitatives-io-NrhfRq2Ck5Y-unsplash-1000x600.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/5828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5828"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/5828\/revisions"}],"predecessor-version":[{"id":5830,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/5828\/revisions\/5830"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/5829"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5828"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}