(RSI) for Litecoin is at level 39 for period 14, and the RSI index will rise as the altcoin resumes its uptrend. Support levels: $80, $75, $70. Support and Resistance levels can be identifiable turning points, areas of congestion or psychological levels (round numbers that traders attach significance to). Second resistance for Litecoin comes out at the psychological level of $200, all of which is a sign of strong uptrend momentum in the near-term. Litecoin price analysis suggests upwards movement to $130; The closest support level lies at $120; LTC faces resistance at the $128 mark. Unless the bearish sentiment in the market grows stronger, Litecoin should steer clear of the sub-$185 level over the . Coming up against the first major resistance level at $163, however, Litecoin eased back to end the day at sub-$160 levels. The Litecoin price Analysis could set a bullish run if the market can keep the coin above the resistance level of $100. Support levels: $80, $75, $70. NEWS. Bitcoin Ethereum News. LTCUSD - Daily Chart. Litecoin rallied by 2.89% on Wednesday. The Last Price will update only when the page is . If the Litecoin price decides to stay under the control of bears, the price may roll back to the previous supports at $90, $80, and $70 below the moving averages. The bulls attempted to push LTC above $230 resistance . However, even though the MACD formed a . The trend line is close to the 50% Fib retracement level of the downward move from the $65.43 swing high to $60.84 low. Technical indicators: Resistance levels: $140, $180, $220 . Major Resistance:$200. After a slow and steady rise from its March 2020 low of $25, LTC price is testing an important resistance zone around $250. While this development opened the path to $294.21, the. According to the Litecoin forecast, the price started at around $85 in early December 2020, later short-term LTC price drop was seen for four days straight, and by the year's end, the average price was around $160. Unless the bearish sentiment in the market grows stronger, Litecoin should steer clear of the sub-$185 level over the . When trying to predict the Litecoin price, traders also try to identify important support and resistance levels . Ethereum, Litecoin, and Ripple's XRP - Daily Tech Analysis - July 24th, 2021. It's been a bearish start to the day for the majors following Thursday's sell-off. Price breaks from those levels could indicate higher volatility in the coming days. Litecoin (LTC) technical analysis: Trade setup: Trading (consolidating) in a Sideways Channel ($60-75). They exist due to an influx of buyers or sellers at key . The indicators showed the momentum to be in the hands of the bears, and the market structure was also bearish. A choppy start to the day saw Litecoin slide to a late morning intraday. . The next key resistance is near the USD 1,850 level, above which the price could start a steady increase. Litecoin price has been hovering above $200 support for the past two days. On the 12-hour chart, Litecoin has established a descending triangle pattern with a resistance level located at $160. The cryptocurrency market is known to be particularly volatile. LTC/USD Market. HOME. Litecoin underperformed yesterday, losing 0.315 of its value after declining by 1.45% the previous day. . LTC/USD -0.16% + Free Alerts. However, a decline below the $194 pivot level exposes Litecoin to dropping to the $191 major support level. We compute support and resistance levels by taking into account: 1) how long has the security price been in certain range, 2) how much trading volume has been realized in this range. The indicators showed the momentum to be in the hands of the bears, and the market structure was also bearish. Litecoin is nearing resistance in a pattern and could see a breakout soon if it . Looking at Dogecoin (DOGE), the trader says it must take out a strong resistance level before it can gather some bullish momentum. We compute support and resistance levels by taking into account: 1) how long has the security price been in certain range, 2) how much trading volume has been realized in this range. The LTC/BTC pair is facing resistance at 0.00422 and can break in the upcoming days. We were able to pivot off of support in the lower $60 handle, but found immediate resistance at $64.37, then $66.94 which is a hard upper bound. Similarly, Litecoin resistance levels are at $ 64.01, $ 64.82, and $ 65.87.. Support Levels Resistance Levels Litecoin Correlation . We are currently in a Long trade on Litecoin, with our stop placed at $47.92 (see related trade). In this cryptocurrency trading tutorial we review the altcoin Litecoin (LTC). If this area can become support, LTC will see $300+ for the first time in 3 years. The first major resistance is near the $64 level. "I would say get it above that line, $0.28. After climbing to the $320 mark, Litecoin price failed to continue its bullish rally, and the price broke down to the $280.00 level, where it hovered until the 22nd of April when it declined to the $220 . BITFINEX:LTCUSD Litecoin / U.S. Dollar. To share with you more of my specific professional trading view, I am showing you specific Fibonacci Price Support and Resistance Levels. Litecoin originally implemented the Scrypt algorithm for its memory intensive properties, which made it more resistant to ASICs; however, over time it's ASIC resistant properties have eroded with Scrypt-capable ASICs having been developed. On hourly charts, Litecoin failed to breakout from its resistance level of $155 and retested its support levels around $145. There is also a key bearish trend line forming with resistance near $64 on the 4-hours chart of the LTC/USD pair. Following a 1.43% gain on Thursday, Ethereum ended the day at $2,125.81. Ethereum 7.05%. Key Levels: Resistance levels: $120, $125, $130. Additionally, bulls have… However, a decline below the $194 pivot level exposes Litecoin to dropping to the $191 major support level. The Litecoin price prediction could set a bullish run if the market can keep the coin above the resistance level of $100. Pattern: Price is trading in a Sideways Channel , which is a neutral pattern (indication of . According to a prominent crypto trading analyst Michaël van de Poppe, the next crucial resistance zone for BTC is between $31,200 and $31,600. In addition, only if the cryptocurrency Litecoin breaks past the psychological resistance level. The bears broke through this support and reached the low at $73. Cardano (ADA) started a fresh decline from the USD 0.650 and USD 0.655 resistance levels. . Litecoin is above the 50% area of the daily . WEATHER. Major support:$155 Sellers now overcome buyers at just about the 68,000 level — that's the new resistance spot. Ethereum. Key support and resistance levels are given using technical analysis. LTC/USD Market. The upswing could indicate the beginning of a new "altseason." . « harry potter is nick fury's brother fanfiction what will litecoin be worth in 2030solusyon sa suliranin ng sektor ng industriya what will litecoin be worth in 2030part time career coach jobs near london To start a steady . At the time of writing, Litecoin was down by 2.63% to $154.82. Litecoin is above the 40% area of the daily stochastic. Support and Resistance / Pivots. The closest support level lies at $220 and further below at the $200 mark. Bitcoin Cash $189.93 4.67% The higher the timeframe, the more relevant the levels become. The digital asset looks ready for a breakout above $230 into a new high at $280. There is also a key bearish trend line forming with resistance near $64 on the 4-hours chart of the LTC/USD pair. There are numerous technical indicators that you'd have to be aware, including support and resistance levels, moving averages, and whatnot. Even if Litecoin can climb past the $80 mark, the trend would still be in favor of the bears. Support levels: $100, $60, $20. The Litecoin price analysis shows that the asset's price action was rejected at the $144.00 mark and has fallen back to the $120.00 support level. Failure to break back through Monday's highs could lead to a day in the red. Bitcoin Fear & Greed Index. Bitcoin resistance level. The higher is the product of both factors for given price range - level, the stronger is the level (reflected in the colour intensity . Litecoin these times showing some fundamentally important price-action necessary to look at and as Litecoin approaches highly crucial levels we should not underestimate the . During that time span, Ether surged just . . When price action occurs around these clusters, large moves result, such as breakouts or rejections. Just have a look at the the chart below. An immediate resistance is near the USD 42 level, above which the price could rise towards the USD 42 level. It was the buyers who took control in June/July at just below 30,000 — that's where support lies. Breaking above this point . It may not be the previous all-time high but hitting $50,00 surely puts the cryptocurrency on a path to setting another ATH. LTCUSD - Daily Chart. Support and resistance levels are the key to understanding where to buy or sell. The key support is now forming near the USD 0.0750 level. The 21-day line SMA and the 50-day line SMA are sloping downward, indicating a downtrend. Litecoin has shown bearish momentum in the last couple of trading sessions and is expected to continue the same in the upcoming trading session. Since August 09, 2021, we can witness strong buying with huge candles . As per the technical analysis, the resistance and support levels are affected by other factors in the crypto market. What is the next move for Litecoin? There was a move above the $62 and $64 resistance levels. LTC/USD Market. CELEBRITY. Litecoin / U.S. Dollar (BITFINEX:LTCUSD) AtlasTrades Premium . However, this resistance level is expected to effectively. Support levels: $100, $60, $20. Litecoin is above the 40% area of the daily stochastic. In my opinion price after small pull back can break resistance. MAIL. Failure to move through the day's pivot levels would deliver another day of losses. Key Levels: Resistance levels: $130, $135, $140. Litecoin value may face resistance at $68.88 and $70.14, while may find support levels at $64.14, $62.88 and $61.14. (set a price alert ). The digital asset has established a short-term uptrend and only needs to crack one last resistance level at $84 to aim for $100. It's a mixed start to the day for the majors. The pair is likely to resume its rise if it clears the $76.00 resistance level in the near term. Bitcoin Cash $189.93 4.67% $47,500 is an important technical level for BTC which means a failure to maintain a . XRP $0.401940 3.62%. In its previous rallies, Litecoin traded and reached a high $230 on February 13. In fact, XRP went up just 8% and Litecoin increased 11% since Feb. 5. The second major resistance level sits at $253.69. By revealing to you these, you have the opportunity to either add to your position or create a new position, either as an Investor or Speculator (or both) with . To start a fresh increase, the price must clear $64 and $65. Second resistance for Litecoin comes out at the psychological level of $200, all of which is a sign of strong uptrend momentum in the near-term. However, the price failed to clear the main $65 resistance zone. The higher is the product of both factors for given price range - level, the stronger is the level (reflected in the colour intensity on the chart). The mid-point of this range at $98 has served as support, and at press time Litecoin was climbing toward the $101 resistance level. Ethereum 7.05%. The $300 resistance level is also met with the top . Ripple Price Analysis: Key Resistance Nearby At $0.32; Stellar Lumen (XLM) Price Could Rally Above $0.152; Goose Island Beer Company Enters the NFT Space; Home/Altcoin News/ Litecoin (LTC) Price Analysis: Crucial Support At $60. According to LTC prediction, the coin might touch $80 price mark in the upcoming days as it has initiated recovery. A . 07/24/2021. Litecoin's upward movement is met with rejection at the recent high. You mark each peak and trough with a short horizontal line. Litecoin. DOGE is moving lower below the USD 0.0800 support level. Presently, buyers are making frantic efforts to break the $220 resistance levels which have impeded a further upward movement of price. Trend Analysis. Ethereum broke through the first major resistance level at $2,065 before falling to a late afternoon . This point is pertinent for bitcoin to beat given that it is the major resistance between the asset and the coveted $50,000 price point. Partially reversing a 3.64% slide from Tuesday, Litecoin ended the day at $177.61. ADA, BNB, SOL, DOGE, and XRP price. The Last Price shown is the last trade price at the time the quote page was displayed, and will not update every 10 seconds (as the Last Price at the top of the Quote page does). In a downtrend, each lower low will be a support level and each lower high will be a resistance level. Litecoin has seen a small pivot with the rest of the crypto market following a small rally in Bitcoin. Litecoin's second major resistance point stands at $202, and it could cap further upward movement in the short term. $102 was the previous support that held since January. Buy Litecoin Now. If the bears overcome the resistance at $102, Litecoin will rally above the moving averages. MOVIES. MOBILE. The Relative Strength Index has . A daily close above the high end of the current trading zone may encourage bulls to rally Litecoin towards the monthly resistance level at $74.55 (July 2018 low). What is the next move for Litecoin? LTC/USD is running a little retracement move above the resistance level of $100 with a price growth of 0.53%. We have cited these levels numerous times in the reports, and they continue to hold. The bulls could not overcome the May 10 resistance level. If LTC will close over resistance (46.000), we can open long position. Litecoin (LTC) Price Prediction 2024 The cryptocurrency is in an upward correction as it reaches the resistance at $102 again. An immediate support is near the USD 0.0780 level. Finding the most important ones can take many hours of practice. The trend line is close to the. Litecoin price seems to be facing just one significant resistance barrier on the way up. Litecoin is close to resistance level Long. Compared with Bitcoin, the Litecoin price remains above the moving averages in other to trade above the resistance level of 2700 SAT. In the event of an extended breakout, Litecoin could test resistance at $240 before any pullback. We show four separate pivot points (2 Support Levels, and 2 Resistance Points). Resistance: $132.36 XRP $0.401940 3.62%. Get Litecoin chart, price prediction and analysis along with most recent news and updates on Litecoin that help you to stay up to date. Each consecutive higher peak will be a resistance level, and each higher trough will be a support level. A bearish. Support levels: $85, $80, $75. A daily close above the high end of the current trading zone may encourage bulls to rally Litecoin towards the monthly resistance level at $74.55 (July 2018 low). It went down from the overbought zone to a neutral zone. LTC price breaking resistance at $250 will set the stage for a try at its ATH of $420. Ethereum rallied by 4.99% on Friday. Investors should do their due diligence before investing. On the upside, the USD 1,800 might act as a resistance. Conclusion Litecoin (LTC) is currently testing its resistance zones with a positive trend from last week, and now it is in a consolidation phase. If the bulls break the resistance at $73, the market will go up to $107. Orders are located in clusters around rounded numbers, or trend lines. The price is now trading near the USD 0.62 support. Litecoin Key Price Levels Based on today's classical pivot point (P1) with the value of $ 62.97, Litecoin has support levels of $ 62.15, $ 61.11, and the strongest at $ 60.29. Litecoin's price is up by 3% over the past 24 hours and could touch the first major resistance level at $134 if the rally continues. Otherwise, that's pretty good resistance." Another coin on Melker's radar is Litecoin (LTC). Key Levels: Resistance levels: $120, $125, $130. But on the upside, traders can. Additio. Litecoin price levels remain in a flat trend testing its resistance level and a positive break above can aim for gaining new levels in Monday's market session; Litecoin price today is $131.45 which is down -3.27% in the last 24 hours and 10.93% from last week Resistance lies further higher in the $100 area as well, and buying opportunities might not arise until these resistances are broken. In yellow is highlighted a range Litecoin has formed over the past few days. Take it off the top [and] we can go up there ($0.45). Yahoo News. is trading higher Friday as the overall crypto sector pushes higher. Trend trader: wait for break back above $75 resistance. Litecoin price can jump to $200 if this level drops. Failure to move through the day's pivot levels would deliver another day of losses. This lesson will explain how to draw support and resistance lines, what a support and resistance flip is, and the different types of support . LTC/USD is attempting to cross above the 9-day and 21-day moving averages . FINANCE. The May 10 price is the former support at $73. . It would be a bullish development if LTC can climb past $102 and retest the $100-$101 as support. On hourly charts, Litecoin failed to breakout from its resistance level of $155 and retested its support levels around $145. 33. Since August 09, 2021, we can witness strong buying with huge candles . Altcoin dominance broke above a significant resistance level, suggesting a further advance. If prices can move beyond this level, we can expect Litecoin to resume its uptrend and aim for the $115 and $118 levels, which are the next major resistance on the charts. 3. trendanalysis. The first major resistance is near the $64 level. Litecoin is up by over 3% in the past 24 hours, and the rally has brought into focus the $134 resistance level. Long-term forecast of Litecoin price: bearish. As a result of the current market movement, this trend could cause the market to break with resistance levels of $150, $155 and $160, while the potential supports to pay attention to are $125, $120 and $115 respectively. Litecoin's upward movement is met with rejection at the recent high. Litecoin looks to be bouncing off the $100 support level, traders are looking to see the stock begin to form higher lows and move toward the $200 resistance level. Hello Traders Investors And Community, Welcome to this analysis about Litecoin, we are looking at the daily timeframe perspective, the recent events, the current formational structure and what we can expect the next times. LTCUSD - Daily Chart. Failure to move back through the $204.99 pivot. Although the buyers have recovered to the $128.0, the . Litecoin price is gaining pace below $65 against the US Dollar, . If it breaks above the resistance level of $132.36, we can further see a bullish trend for the next few trading sessions. Key Levels: Litecoin price aims for $93 as bullish momentum increases On the 4-hour chart, Litecoin has formed an uptrend after establishing several higher lows and higher highs. Technical Levels. STYLE. LTC faces resistance at the $240 and further above at the $260 mark. LTC/USD is running a little retracement move above the resistance level of $100 with a price growth of 0.53%. The Litecoin prices are presently trading at $110.90 and have formed higher highs and . Litecoin price is showing positive signs above $70.00 against the US Dollar, similar to bitcoin . Moreover, this is possible only if the market maintains its bullish trend. However, LTC could see a. A break above $142 will pave the way for Litecoin to prepare for a new round with $145, then $150. XRP price is consolidating near the USD 0.40 level. The leading analyst also stated 'crucial support zone is holding for Bitcoin' with the second of two support zones between $29,600 and $29,200 showing strength. Even if Litecoin can climb past the $80 mark, the trend would still be in favor of the bears. XRP and Litecoin have not enjoyed the same type of bullish momentum. Litecoin price rose roughly 40% between August 31 and September 5, clearing the $211 resistance level and flipping it into a support barrier. Resistance lies further higher in the $100 area as well, and buying opportunities might not arise until these resistances are broken. The price of Litecoin can move even great heights, however reaching $800. Swing trader: trade the channel - buy near $60 and sell near $75. The key price level for Litecoin are the $ 60.58, $ 59.65 and $ 57.79 support levels and the $ 63.36, $ 65.22 and $ 66.15 resistance levels. Litecoin price action on a 1-day price chart: Bulls face rejection at $112 resistance. The bearish performance saw Litecoin lose its first major support level at $129 and the second major support level at $127 yesterday. The 21-day line SMA and the 50-day line SMA are sloping downward, indicating a downtrend. Technical indicators: Resistance levels: $140, $180, $220 . The Litecoin price Analysis could set a bullish run if the market can keep the coin above the resistance level of $100. Litecoin's second major resistance point stands at $202, and it could cap further upward movement in the short term. SPORTS. Altcoin News Litecoin (LTC) Price Analysis: Crucial Support At $60. In an uptrend, we have the opposite.