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is Ethereum a good investment

Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing

Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge. While Bitcoin (BTC) remains in a downtrend, its price has recently found support at the $17,000 level, and ping-pong price action in the $16,700–$17,300 range appears to be allowing traders to pursue some interesting setups in a few altcoins. Let’s take a quick peek at some enticing patterns showing up on the weekly time frame. Time for Litecoin’s halving hopium? LTC/USDT 1-day chart. Source: TradingView As a fork of Bitcoin, Litecoin (LTC) tends to turn bullish several months before its reward halving takes place, as was the case in 2015 and 2019. Litecoin’s next reward halving is 237 days away, and it appears that the altcoin is undergoing a little pre-halving hype. Since ...