Litecoin, VeChain, Basic Attention Token Price Analysis: 14 February

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Litecoin showed some exhaustion above the $221 level but stabilization at that mark was healthy in the long-term. VeChain moved within an ascending channel but threatened a breakdown, while BAT entered a consolidation phase between $0.83 and $0.72.

Litecoin [LTC]

Source: LTC/USD ^[1], TradingView

Litecoin’s ^[2] bounce back from $155.7 support fueled a strong uptrend on the charts as the price broke above several resistance levels. Gains over the last seven days now stood at nearly 17% as LTC outperformed almost all cryptocurrencies in the top 10 rankings. The only coin with more weekly gains was the market leader itself, Bitcoin.

However, not everything was rosy for LTC as the price moved south on the 4-hour timeframe. The Awesome Oscillator showed momentum on the selling side, while the MACD saw a bearish crossover. This suggested that a correction was underway as the market was looking to stabilize below the press time resistance. If the event of an extended sell-off, support at $205 could come under the spotlight.

VeChain [VET]

Source: VET/USD ^[3], TradingView

VeChain ^[4] was currently in a stabilization phase after the bulls flipped the $0.065 mark post a minor correction from record levels. The movement, however, was within the confines of an ascending channel and a rise towards record levels looked likely if the price reversed from the lower

Litecoin, VeChain, Basic Attention Token Price Analysis: 14 February

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