The Best Lost Altcoins That Demand Your Attention! Here’s what will happen to AVAX, LTC and DOT prices

Cryptocurrency markets are gearing up as Bitcoin price once again attempts to reach levels above $70,000. With the start of trading hours in the US, the markets are gaining strength and thus other altcoins are also trying to stop the persistent downward trend. Meanwhile, some of the tokens that once attracted the attention of traders have now faced a significant decline in trading volume.

This suggests that traders have shifted their attention to other altcoins, as the prices of Avalanche (AVAX), Litecoin (LTC), and Polkadot (DOT) are losing tradition.

Avalanche (AVAX) Price Analysis.

• THE AVAX Price is experiencing equal bullish and bearish pressure as the daily candle has formed equal wicks on both sides

• The price is testing one of the key support levels at $32.81 and the current trading setup indicates that the price may reach lower support levels near $30 very soon

• Despite a slight increase in volume, the bears appear to have sufficient dominance, which confirms the bearish thesis

• However, levels fell below the 200-day moving average and the Ichimoku clouds once again turned from bullish to bearish.

Litecoin (LTC) price analysis.

• Litecoin price it is one of the most undervalued tokens that struggles to reach and sustain a figure above 3 figures

• The rally showed similar price action as it broke away from the ascending parallel channel and began its recovery, forming another ascending parallel channel.

• The current trading setup suggests that the price is about to show similar price action and initiate a breakout validated by a downward trend in the RSI

• However, bulls are expected to intervene as soon as the token drops below $80, which could initiate a fresh rally above $90.

Polka Dot Price Analysis (DOT).

• Polka dot price is consolidating within a range, trading within predetermined levels and recently fell below crucial support

• Selling pressure has skyrocketed with a huge increase in sales volume, which is expected to continue for some time to come

• The DMI is currently in a bearish range but shows a huge possibility to undergo a bullish divergence as the ADX has just bounced off the lows

• Therefore, it is believed that DOT price will consolidate within the same levels or fall near $6, which may further initiate a new bullish period above the support-turned-resistance trendline.

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