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ADA, XTZ and LTC Price Analysis for November 21

Which crypto can show the biggest rise at the altcoins' rally?

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Cover image via www.tradingview.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of CryptoComes. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

The weekend has begun with the continued growth of the cryptocurrency market. Almost all Top 10 coins are in the green zoneexcept for Polkadot (DOT), whose rate has declined by 2.11% since yesterday.

Top 10 coins by CoinMarketCap
Top 10 coins by CoinMarketCap

The key statistics for Cardano (ADA), Tezos (XTZ) and Litecoin (LTC) today:

Name

Ticker

Market Cap

Price 

Volume (24h)

Change (24h)

Cardano 

ADA

$3,924,258,547 $0.126131 $1,123,512,570 14.57%

Tezos

XTZ

$1,724,166,720 $2.30 $374,989,457 9.23%

Litecoin

LTC

$5,468,109,382 $82.94 $6,028,795,074 0.92%

ADA/USD

Cardano (ADA) is the main gainer from our list today. The price of the 10th most popular crypto has rocketed by 14.57% over the last 24 hours.

ADA/USD chart by TradingView
ADA/USD chart by TradingView

Analyzing the weekly chart, Cardano (ADA) is trying to fix above the crucial support at $0.1278. In case of success, there are chances of attaining the next resistance of $0.1522 within the next few weeks.

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Thus, the lines of the MACD indicator are about to enter the green zone that supports the bullish scenario.

Cardano is trading at $0.1280 at press time.

XTZ/USD

Tezos (XTZ) has also shown a significant price rise since yesterday. The rate of the altcoin has increased by 9%.

XTZ/USD chart by TradingView
XTZ/USD chart by TradingView

From the technical point of view, Tezos (XTZ) is trading similarly to Cardano (ADA). On the weekly time frame, the bullish divergence has been formed on the RSI indicator. Thus, the coin has accumulated enough power for a rise. All in all, next week bulls may touch the nearest resistance at $2.46.

Tezos is trading at $2.3025 at press time.

LTC/USD

Litecoin (LTC) is gaining the least today as its rate has gone up by only 1% since yesterday, while the price change over the last week has been +31.76%.

LTC/USD chart by TradingView
LTC/USD chart by TradingView

Despite relatively week growth, Litecoin (LTC) is approaching the crucial resistance at $100.96. The rise is supported by the increasing trading volume, which means that there is a high potential of breaking the level. If that happens, the next target for bulls is $146, which is the 2019 peak.

Litecoin is trading at $84.16 at press time.

 

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Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing & ICO Advisory, ATB Coin, and others, can be contacted at denys.serhiichuk@cryptocomes.com