
Crypto ( ETH, LIT ) Daily Outlook for 21.11.2023
Ethereum- Waiting for clarification
The month of November was good for Ethereum also, with the coin managing to break above the 1930-1950 zone resistance and making a high shy above 2100 (also resistance given by previous high from mid-April).
After this high, EthUsd started to correct and consolidate in what seems like a bullish flag.
With the new optimism in the crypto market we can have a break above the flag’s falling trend line resistance and a new leg up to test the 2.3 zone very important resistance could follow.
On the other hand, a break back under 1950 could lead to a drop back to 1700 support and is not good at all for the overall structure.

Lit could double its value
Since the low from mid-May 2022, LitUsd traded in a range, but more importantly, found a very strong base just above 0.5.
Recently, the coin broke above interim resistance and an up continuation could follow.
In case the coin manages to stay above 0.8, it could rise and test 1.6-1.7 resistance.

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