- MATIC, LTC and SOL all escaped medium-term negative trends over the past 2 weeks.
- A bullish chart pattern had formed on LTC’s daily chart, which suggested that it may break above a key resistance soon.
- MATIC’s price could continue to rise this week after it broke above a medium-term negative trend line.
As the week comes to an end, traders and investors may seek to identify potential trade opportunities in the coming 7 days. Three cryptocurrencies that could generate gains for traders are Litecoin (LTC), Solana (SOL) and Polygon (MATIC). These altcoins were all able to escape medium-term negative trends, opening up the possibility of continued increases in their prices.
Litecoin (LTC)
A bullish chart pattern had formed on LTC’s daily chart over the past 2 weeks. Subsequently, the altcoin’s price may breach a key resistance level through the course of the coming week.
Daily chart for LTC/USDT (Source: TradingView
An ascending triangle had formed on LTC’s daily chart after the altcoin’s price printed higher lows over the past 2 weeks. If this bullish pattern is validated, then LTC could break above the base of the chart pattern at $68.95 .…
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