Uniswap, Litecoin, NEAR Price Analysis: 17 January - Aliens: AI Crypto News & Markets Updates
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Uniswap, Litecoin, NEAR Price Analysis: 17 January

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AMB Crypto

Mon, Jan 17, 2022

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Aliens TLDR

NEAR managed to attain its lifetime milestone on 15 January and formed a bullish divergence with its RSI.

Uniswap (UNI) After the $19.89-mark displayed strong resistance, the rising wedge broke down to test the Point of Control (red) multiple times.

As a result, it fell below its Point of Control (red) and marked a down-channel (white) on its 4-hour chart.

Litecoin (LTC) LTC managed to claw back in an up-channel and reclaim its oscillating range between the $167 and $143-mark.

The altcoin saw a 25.7% ROI (from its five-month low on 10 January) until press time.

Near protocol (NEAR) After an inverse head and shoulder on its RSI, NEAR marked exponential gains by forming a bullish flag and pole on its 4-hour chart.

As the down-channel (white) oscillation halted at the $13.2-mark support, NEAR saw a patterned breakout and entered into price discovery.

Furthermore, it still marked a hidden bullish divergence (yellow trendline) with the price.

However, it becomes crucial to note that the Volume Oscillator marked lower peaks, hinting at a weak bullish rally

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