Conversely, a drop below an important moving average is usually a sign of weakness in the LTNM market. If the LTNM price moves above any of these averages, it is generally seen as a bullish sign for Bitcoin Latinum. The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.ĥ0-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). For example, a 12-day simple moving average for LTNM is a sum of LTNM’s closing prices over the last 12 days which is then divided by 12. As the name suggests, a moving average provides the average closing price for LTNM over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular Bitcoin Latinum price prediction tools. Bitcoin Latinum Price Prediction Indicators When trying to predict the Bitcoin Latinum price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. These tools can roughly be divided into indicators and chart patterns. Similarly, Bitcoin Latinum resistance levels are at $ 0.694442, $ 0.988622, and $ 1.135826.īitcoin Latinum traders use a variety of tools to try and determine the direction in which the LTNM market is likely to head next. Periodīased on today's classical pivot point (P1) with the value of $ 0.547238, Bitcoin Latinum has support levels of $ 0.253058, $ 0.105854. Traders use the trend indicator to discover short-term overbought or oversold conditions. Weekly Exponential Moving Average (EMA) PeriodĪn oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Bitcoin Latinum Price Forecast Based on Technical Analysis Compared to today’s price, Bitcoin Latinum could gain 608.01% by 2030 if it reaches the upper price target. The Bitcoin Latinum price prediction for 2030 is currently between $ 2.29 on the lower end and $ 2.90 on the high end. Compared to today’s price, Bitcoin Latinum could gain 583.66% by 2025 if LTNM reaches the upper price target. The Bitcoin Latinum price prediction for 2025 is currently between $ 1.167126 on the lower end and $ 2.80 on the high end. Using the same basis, here is the Bitcoin Latinum price prediction for each year up until 2030. Meanwhile, the price of Bitcoin Latinum is predicted to reach as high as $ 3.23 next year. Long-term Bitcoin Latinum price prediction for 2024, 2025, 2026, 2027, 2028, 20īased on the historical price movements of Bitcoin Latinum and the BTC halving cycles, the yearly low Bitcoin Latinum price prediction for 2024 is estimated at $ 0.403967. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our Bitcoin Latinum forecast, it's now a bad time to buy Bitcoin Latinum.ĭisclaimer: This is not investment advice. Bitcoin Latinum recorded 19/30 (63%) green days with 38.36% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 48 (Neutral). According to our current Bitcoin Latinum price prediction, the price of Bitcoin Latinum is predicted to rise by 1.62% and reach $ 0.416772 by October 10, 2023.
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