CoinOpinion's cryptocurrency watchlist highlights: Litecoin and Cardano
Long
Litecoin LTC/USD
Entry price $197.40
Stop loss $185.00
Short term Target $250
According to FXstreet.com, “On-chain activity on the Litecoin network hit a peak after the launch of the altcoin's debit card. Litecoin cardholders can now spend the altcoin at nearly 50 million merchants worldwide”.
Litecoin is the second most used coin on the BitPay platform.
Short
Cardano ADA/USD
Entry price $2.375
Stop loss $2.25
Short term Target $1.50
Solana (SOL) replaces Cardano (ADA) in top 5 cryptocurrencies by market cap. This displacement has made www.CoinOpinions.com short term bearish on ADAUSD.