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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('After a few days of growth, bears have seized the initiative, and the <a rel="nofollow" target="_blank" href="#-eth-and-xrp-price-analysis-for-august-16">majority of the coins</a> are in the red zone. Solana (SOL) and Polkadot (DOT) are the only exceptions to&nbsp;the rule.
        
                        
    
    
    
        
                        
    
    
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    Yesterday's attempt by buyers to break through the resistance of $48,000&nbsp;was unsuccessful. The pair rolled back to the support of <a href="https://u.today/bitcoin-btc-price-analysis-for-august-14">$46,000</a>&nbsp;and remained in sideways consolidation until the end of the day.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    Last night, the bears managed to pierce this support level, but in the morning the price of Bitcoin (BTC) recovered to the two-hour EMA55. If buyers cannot hold above the moving average EMA55, then the decline may continue to the support of $44,000.
    
    Bitcoin is trading at $45,984 at press time.
    
    LTC/USD
    
    Litecoin (LTC) could not keep up the rise and the rate of the "digital silver"&nbsp;has gone down by 1.74%.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">LTC/USD chart by TradingView</a>
    On the daily chart, Litecoin (LTC) could not fix above the level at $185 supported by decreasing trading volumes. At the moment, neither bulls nor bears are dominating, which means that traders are accumulating power for the future price blast. If buyers can break the resistance, one might expect long-term growth to the next zone around $239.
    
    Litecoin is trading at $178 at press time.
    
    ADA/USD
    
    Cardano (ADA) is following the decline of Litecoin (LTC), falling by 1.65% over the past 24 hours.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by Trading View</a>
    From the technical point of view, Cardano (ADA) has fixed above the formed mirror level of $2.0317. Until bulls hold this level, the price action remains bullish.
    
    <a rel="nofollow" target="_blank" href="#-eth-and-ada-price-analysis-for-august-13">card</a>
    
    But if bears break the support and fix below it, the decline may continue to the next important mark at $1.70.
    
    Cardano is trading at $2.0708 at press time.
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    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    Yesterday's attempt by buyers to break through the resistance of $48,000&nbsp;was unsuccessful. The pair rolled back to the support of <a href="https://u.today/bitcoin-btc-price-analysis-for-august-14">$46,000</a>&nbsp;and remained in sideways consolidation until the end of the day.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    Last night, the bears managed to pierce this support level, but in the morning the price of Bitcoin (BTC) recovered to the two-hour EMA55. If buyers cannot hold above the moving average EMA55, then the decline may continue to the support of $44,000.
    
    Bitcoin is trading at $45,984 at press time.
    
    LTC/USD
    
    Litecoin (LTC) could not keep up the rise and the rate of the "digital silver"&nbsp;has gone down by 1.74%.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">LTC/USD chart by TradingView</a>
    On the daily chart, Litecoin (LTC) could not fix above the level at $185 supported by decreasing trading volumes. At the moment, neither bulls nor bears are dominating, which means that traders are accumulating power for the future price blast. If buyers can break the resistance, one might expect long-term growth to the next zone around $239.
    
    Litecoin is trading at $178 at press time.
    
    ADA/USD
    
    Cardano (ADA) is following the decline of Litecoin (LTC), falling by 1.65% over the past 24 hours.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by Trading View</a>
    From the technical point of view, Cardano (ADA) has fixed above the formed mirror level of $2.0317. Until bulls hold this level, the price action remains bullish.
    
    <a rel="nofollow" target="_blank" href="#-eth-and-ada-price-analysis-for-august-13">card</a>
    
    But if bears break the support and fix below it, the decline may continue to the next important mark at $1.70.
    
    Cardano is trading at $2.0708 at press time.
    ') (Line: 1031)
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BTC, LTC and ADA Price Analysis for August 17

Tue, 08/17/2021 - 15:19
article image
Denys Serhiichuk
How great is the effect of Bitcoin's (BTC) fall on altcoins?
BTC, LTC and ADA Price Analysis for August 17
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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After a few days of growth, bears have seized the initiative, and the majority of the coins are in the red zone. Solana (SOL) and Polkadot (DOT) are the only exceptions to the rule.

Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

Yesterday's attempt by buyers to break through the resistance of $48,000 was unsuccessful. The pair rolled back to the support of $46,000 and remained in sideways consolidation until the end of the day.

BTC/USD chart by TradingView
BTC/USD chart by TradingView

Last night, the bears managed to pierce this support level, but in the morning the price of Bitcoin (BTC) recovered to the two-hour EMA55. If buyers cannot hold above the moving average EMA55, then the decline may continue to the support of $44,000.

Bitcoin is trading at $45,984 at press time.

LTC/USD

Litecoin (LTC) could not keep up the rise and the rate of the "digital silver" has gone down by 1.74%.

LTC/USD chart by TradingView
LTC/USD chart by TradingView

On the daily chart, Litecoin (LTC) could not fix above the level at $185 supported by decreasing trading volumes. At the moment, neither bulls nor bears are dominating, which means that traders are accumulating power for the future price blast. If buyers can break the resistance, one might expect long-term growth to the next zone around $239.

Litecoin is trading at $178 at press time.

ADA/USD

Cardano (ADA) is following the decline of Litecoin (LTC), falling by 1.65% over the past 24 hours.

ADA/USD chart by Trading View
ADA/USD chart by Trading View

From the technical point of view, Cardano (ADA) has fixed above the formed mirror level of $2.0317. Until bulls hold this level, the price action remains bullish.

card

But if bears break the support and fix below it, the decline may continue to the next important mark at $1.70.

Cardano is trading at $2.0708 at press time.

article image
About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.