Written by Frederic RacinecontributorReviewed by Cyril Gilsonformer editorDaily Altcoin Price Analysis: Holding On
MagazinePublishedDec 18, 2015
December 18, Litecoin, DASH, Dogecoin, ETH, Peercoin, Neucoin moving slowly.
Litecoin
Today all cryptocurrencies use all their forces to hold on the levels they have already reached. Litecoin grows slowly, and tries to reach the upper bound of a corridor of $3.50 - $3.80 as Bitcoin exceeded its level of $450. The Litecoin vs. Bitcoin exchange rate of 0.008 confirmed its reputation of being a good resistance, and now Litecoin is on 0.0081 with a tendency to decrease.
DASH
DASH holds on to the level of 0.0056. And the longer it is on this level, the sharper its move will be afterwards.
Dogecoin
Dogecoin gradually moves under the level of 30 Satoshi, which has already become a resistance level. In comparison with yesterday’s situation, Dogecoin shows no futher development.
ETH
Even ETH has stopped its sharp movements. Now ETH must hold on to the reached level of 0.002, or it will continue a trend down, perhaps even setting a new price bottom.
Peercoin
Peercoin is in the same place as it was yesterday – about $0.42-0.43. It’s exchange rate against Bitcoin is also the same at 0.0094-0.0095.
Neucoin
Neucoin’s price fluctuates in the range of $8.25 up to $9.25 today.
Did you know that you can compare altcoins in our top of cryptocurrencies and help our readers to choose the best one? Learn more in our ratings.
Subscribe to daily byte-sized crypto news from Cointelegraph
Cointelegraph publishes long-form journalism, analysis and narrative reporting produced by Cointelegraph’s in-house editorial team with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors in line with our editorial standards. Some articles contain affiliate links, from which Cointelegraph may earn a commission. These relationships do not influence which products we review or our editorial conclusions. Content published in here does not constitute financial, legal or investment advice. Readers should conduct their own research and consult qualified professionals where appropriate. Cointelegraph maintains full editorial independence.
