Litecoin (LTC) has finally done it. The price has found a true bottom at the exact price of $ 50. This has been tested a number of times now according to the daily chart for LTC/USD above. Some might argue that finding a bottom is a process and not a price target. I agree with that in the case of Bitcoin (BTC) but Litecoin (LTC) seems to have found a bottom in terms of price.
Golem (GNT) is about to finish its first green candle against US Dollar (USD) on the weekly time frame after five consecutive red weeks. This week has been confidence inspiring for Golem (GNT) bulls as the trend seems to be reversing as the price has now put in a bottom. The above weekly chart for GNT/USD shows that Golem (GNT) has been trading in an ascending channel against USD since March 2017. Golem (GNT)’s price took a heavy hit against USD after its ICO but it did recover in the months ahead and had a bullish comeback even against both Bitcoin (BTC) and Ethereum (ETH) in the months that followed.