The WRC is one of the most prestigious racing series in the planet, and the 10th edition of the series is going to be a huge event for the series, and for the fans of the series. The event will be held in Poland in July, and there are a lot of things to look forward to, such as traditional stages like Rally Poland, and also the first ever rally in the WRC with cars powered by electric motors.
The WRC series has been a consistent success ever since its inception in 2001, so it’s no surprise that WRC 10 has been released to much fanfare. The game will be available for the PlayStation 3, the Xbox 360, and the PC, but only the PS3 and Xbox 360 versions are playable for the rest of us until the game is officially released.
I’m sure you’ve seen those new videos of the WRC and all the cool jumps. You can see the track is very fast with plenty of high speed back and forth sections which have been incorporated into the new route. These are looking fantastic and I can’t wait to compete in the Rally in Monte Carlo next month!
Summary of the situation
Litecoin price analysis turns neutral as yesterday’s rally looks fragile
Bullishness is threatened as LTC struggles near $133
Tight Bollinger Bands slow LTC/USD growth
Low volumes could derail yesterday’s recovery rally with support at $125.
Litecoin Price Chart from TradingView
Buyers will need to enter the market in large quantities to push the price above the $140 resistance level. Above $140, psychological resistance at $150 will encourage sellers to push the price south. Sufficient volume could trigger a bullish breakout and reverse the bearish price channel to the upside.
As long as the price does not break the Bollinger Band below $110, there will be no panic selling on the pair. A gradual recovery towards $140 will only take place if the pair tries to reach previously untested levels on the charts again, according to Litecoin price analysis.
Litecoin Price Analysis Conclusion: Have a big move coming up soon?
The tapering Bollinger Bands indicate an impending trend change. Therefore, a breakout of the narrowed Bollinger Band could change the analysis of Litecoin price. The parabolic SAR indicator shows a sell signal, but not at the extreme level. Litecoin’s downtrend may not last long either, as the pair has good support at $120 and $115.
Moreover, the price will also move in line with the 50 and 100 day moving averages. Traders will be watching these important lines for unwanted declines. Buying pressure will only develop if the pair stays near important support levels for an extended period of time. If price tries to hold at the current $133 level, then the bulls will have to get bold and head for the $140 resistance zone.
Denial. The information provided does not constitute commercial advice. .com accepts no responsibility for investments made on the basis of information provided on this site. We strongly recommend that you conduct independent research and/or consult a qualified expert before making any investment decision.The WRC kicks off in Monte Carlo next week, and the current layout of the rally is very interesting. There are four different classes of cars, with a lot of variety within them. The most extreme of them all are the LMP1, which go into battle exclusively in electric cars. This is one of the reasons behind the massive jump in the amount of electric wins this year, and it’s something that will be hard to beat. The GT3 category is usually the most exciting in the WRC, and the new Ford Fiesta ST has the potential to be an all-time classic.. Read more about wrc 10 steam and let us know what you think.
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