Global: Bitcoin Price Clings to Interim Support While Litecoin Puts Stellar Back in its Place


The 24-hour period didn’t see much ultimate change in the Bitcoin price or the other few top cryptocurrencies. Litecoin overtook Stellar, however, following a rebranding earlier this week. As noted by technical analysts Paul McNeal and Brian Swanny, a breakout in either direction may be imminent after several days of tight trading ranges in the Bitcoin price. Bitcoin closed the 24-hour period above $3,600 at Bitfinex but below that figure on most other exchanges. For example, on itBit it closed out the period around $3,547, with a daily low as far down as $3,528 — just barely above its interim support level.

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