You can check the content of our news for current developments and technical analysis about VeChain (VET), Ripple (XRP) and Litecoin (LTC), the three important actors of the altcoin market.
VeChain (VET), Ripple (XRP) and Litecoin (LTC) latest developments and technical analysis
VeChain (VET)
After the Non-Fungible Token expansions, VET is experiencing the mobility it has not experienced in the last 3 weeks in VeChain (VET) prices.. In the chart below, we see the weekly change in VET prices.
VeChain; 1 million dollars has been allocated for software developers who develop NFT and DeFi compatible with their own blockchain. This move could bring serious action to VeChain. The work of successful software developers will be rewarded by VeChain.
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We see the VeChain technical analysis in the chart below .
Current VET prices found support in the 21-period moving average (21 MA) and 19-18 cents band, which coincides with the middle line of Bollinger Bands.. Bulls gathering strength at this level can retest the 27-cent resistance line, which coincides with the upper level of the Bollinger Bands.
Ripple (XRP)
After the SEC trial XRP, which had bad days, survived the negative effects of the lawsuit and was later added to the ongoing bull process in the markets.. In this process, XRP prices rose from the 20 cent band to the 1.96 dollar band.. Some exchanges decided to list XRP again. For example, Phemex has decided to list XRP again.
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Shoulder-Head-Shoulder If the prices moving in the form break the 1.50 resistance, a new bull run may come in the pair.. Prices can quickly go up to $1.75.
LiteCoin (LTC)
Litecoin (LTC) ) saw its highest value on December 19, 2017 at $375.. LTC, which was shown as an alternative to Bitcoin in the 2017-2018 bull season, failed to show the expected performance in the 2019-2020 period.. With the bull season in 2021, LTC/USD took off again.. On April 17, 2021, Litecoin hit $335, the highest value since 2017.. Litecoin investors are very hopeful about a new ATH.
Litecoin prices were moving within a descending corridor formation. Prices for now modestly broke that form. The first resistance line appears at the $300 level.
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