Litecoin appeared to consolidate around $ 150. It was gathering momentum to start another northward movement to test the resistance level of $ 180. OMG Network sees a similar scenario on the charts as it exceeded $ 3.1 in the past few days. Crypto is heading towards $ 4.1. SushiSwap was also bullish on the charts. It has not faced any significant historical resistance from $ 6.4 to $ 8.9.
Litecoin [LTC]
Source: LTC / USD on TradingView
The $ 122 to $ 180 range for LTC had its midpoint at $ 151. The price has stagnated near this mark in recent trading sessions.
TheAwesome oscillator note a change in momentum towards the bullish side. In addition, theOBV note that higher lows have been continuously set. This is a trend that dates back to the end of November. Which speaks of a strong demand behind the LTC rally.
Collecting the $ 150 region will be the first step for the bulls to steer LTC towards $ 180.
OMG Network [OMG]
Source: OMG / USDT on TradingView
Since early September, there have been three levels of importance to OMG: resistance at $ 4.1, support at $ 2.4 and $ 3.1 sandwiched between the two.
Of these, $ 3.1 is the most notable. A rebound or slide below this level has dictated the direction of the crypto short-term market. Consolidation above this level has generally seen the price climb towards $ 4. The most recent instance should be of the same nature.
OMG climbed past $ 3.1, retested it as support. He was heading higher at the time of writing. The RSI rose above neutral 50 also to indicate bullish momentum. Therefore, $ 4.1 is expected to be tested in the coming days.
SushiSwap [SUSHI]
Source: SUSHI / USDT on TradingView
SUSHI has made tremendous progress in recent weeks. Its low of $ 0.47 in November is a long way back now. The next significant level of resistance for SUSHI was at $ 8.9.
The Stochastic RSI was in overbought territory. He suggested that SUSHI would undergo a pullback before another northward move. The MACD and the signal lines were also some distance away to show strong bullish momentum.
It is not clear exactly when a dip could occur. The $ 5.9-6 region could be tested, or SUSHI could register further gains before a small dip.
What is certain is the strong bullish momentum behind SUSHI and a lack of bullish resistance.
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