#BTC LATINUM PRICE PROFESSIONAL#

Moving averages are a lagging indicator which means they are based on previous price action. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a popular indicator in all financial markets. Popular LTNM Moving Averages and Oscillators for Sat, Aug 27, 2022 Currently, the RSI value is at 41.41, which indicates that the LTNM market is in a neutral position. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Bitcoin Latinum's short-term 50-Day SMA is estimated to hit $ 2.85 by Sep 26, 2022. The most recent Death Cross in the Bitcoin market happened 107 days ago, on May 12, 2022.īased on our technical indicators, Bitcoin Latinum's 200-day SMA will drop in the next month and will hit $ 7.81 by Sep 26, 2022. The price of Bitcoin Latinum is currently below the 50-day SMA and this indicator has been signaling SELL for the last 70 days, since Jun 18, 2022. The 200-day SMA has been signaling SELL for the last 107 days, since May 12, 2022. Bitcoin Latinum Predictions for years 2023, 20 Based on Tech Growthīitcoin Latinum is currently trading below the 200-day simple moving average (SMA).

#BTC LATINUM PRICE PROFESSIONAL#

Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our Bitcoin Latinum forecast, it's now a bad time to buy Bitcoin Latinum.ĭisclaimer: This is not investment advice. Bitcoin Latinum recorded 12/30 (40%) green days with 13.20% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 28 (Fear). The other part which is 17.19% covers all the other things, such as media, technological releases or crypto related laws.According to our current Bitcoin Latinum price prediction, the value of Bitcoin Latinum is predicted to drop by -49.01% and reach $ 1.923352 by September 1, 2022. If we take all the circumstances affecting the price of GPL as 100%, then the share of BTC price among these factors will be 82.81%. The knowledge of the correlation coefficient helps to figure out in percentage the influence of Bitcoin over Gold Pressed Latinum. The negative strong relation will point that when BTC is growing GPL value will be in opposite lowering. For example, if Bitcoin and Gold Pressed Latinum connection is positively strong, it means that when BTC is growing GPL will rise as well. The negative coefficient points that the prices of the coins are moving in the opposite trend while the positive coefficient tells that the prices are going in the identical trend. This coefficient may vary from -1 to 1, where -1 is the strongest negative correlation, 0 is no correlation at all and 1 is the strongest positive correlation. The correlation coefficient of their values is 0.91, which was measured based on the last 100-days' price movements of both cryptocurrencies. Does Gold Pressed Latinum depend on Bitcoin? According to the correlation analysis, BTC and GPL have a very strong positive relationship.

Btc latinum price