Bitcoin (BTC), the key currency, is still bullish this week and closes the week above $ 13,000. The majority of the top 100 altcoins also tend to the north and ensure a friendly atmosphere in the overall market.The bulls show their horns again this week and ensure a significant price increase of 13 percent to the price target of 13,198 US dollars. The top 10 Altcoins, in particular, can benefit from this strong price development and, like Litecoin (LTC), have, in some cases, recorded double-digit price gains. The continuing interest of institutional investors as well as the increasing interest of small investors, continue to have a positive effect on the overall market. At the moment, the political and economic uncertainties surrounding the US presidential election seem to be playing into the cards of the crypto market. This shows the increasing decoupling from the development of the traditional financial market this week. However, the first bearish divergences in the 4-hour Bitcoin chart are currently indicating an initial weakness in the bulls,Price analysis based on the value pair LTC \/ USD on BinanceAfter weeks of struggle at the $ 50 mark, Litecoin creates an explosive breakout across the multiple resistance cluster of EMA100 (yellow) and EMA200 (blue). After Litecoin also broke the history high at US $ 51.54 on October 21 and pulverized the supertrend at US $ 52.50, the price rose to a new 30-day high at US $ 60.00. This sets the course for a further increase in the LTC rate in the coming weeks.The next price target on the upside is now $ 62.06. If the LTC price also overcomes the pink resistance area at 63.50 US dollars at the daily closing price, price targets at 67.79 US dollars and 71.73 US dollars are activated. If the overall market\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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