The price of Bitcoin has been surging at the time of the press and has been marching along with the alts. Bitcoin’s price was up by 4.23% in 3 hours and the alts also indicated a rising price.
Litecoin [LTC]
Source: LTC/USD on Trading View
Litecoin ranked seventh on CoinMarketCap, with a market cap of $2.69 billion. The coin has been surging by 3.99% in 2 hours, where the price of LTC jumped from $40.62 to $42.24. However, at press time, the value had reduced to $42.11. The coin had breached its immediate resistance at $41.71
According to Awesome Oscillator, even though the trend was bullish, it was a weaker one, as the momentum had reduced.
Zcash [ZEC]
Source: ZEC/USD on Trading View
The 26th coin on the CoinMarketCap was also noting almost a 10% spark in its value. The sudden boost helped the coin push past the immediate resistance at $34.86 and was valued at $35.74. The price of the coin could be expected to rise and it was affirmed by the Chaikin Money Flow indicator that pointed above the zero mark.
OmiseGo [OMG]
Source: OMG/USD on Trading View
The OMG has been ranked the lowest among the above-mentioned list of alts. The coin had a market cap of $78.29 million. The coin lost all its gains in the drastic fall in March and has been noting a fall of 9.66%. The immediate resistance of the coin was marked at $0.5814 and support at $0.4170.
According to Bollinger Bands, the volatility had reduced in the OMG market, whereas, the moving average had slid under the candlesticks, indicating bullish momentum.
