A bearish. In my opinion price after small pull back can break resistance. Swing trader: trade the channel - buy near $60 and sell near $75. The Litecoin prices are presently trading at $110.90 and have formed higher highs and . 33. The closest support level lies at $220 and further below at the $200 mark. Litecoin price has been hovering above $200 support for the past two days. The cryptocurrency market is known to be particularly volatile. Litecoin is up by over 3% in the past 24 hours, and the rally has brought into focus the $134 resistance level. 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. LTC faces resistance at the $240 and further above at the $260 mark. LTC/USD Market. On the 12-hour chart, Litecoin has established a descending triangle pattern with a resistance level located at $160. Looking at Dogecoin (DOGE), the trader says it must take out a strong resistance level before it can gather some bullish momentum. The indicators showed the momentum to be in the hands of the bears, and the market structure was also bearish. Investors should do their due diligence before investing. 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. HOME. If the bears overcome the resistance at $102, Litecoin will rally above the moving averages. In its previous rallies, Litecoin traded and reached a high $230 on February 13. To share with you more of my specific professional trading view, I am showing you specific Fibonacci Price Support and Resistance Levels. 07/24/2021. XRP and Litecoin have not enjoyed the same type of bullish momentum. If LTC will close over resistance (46.000), we can open long position. Litecoin / U.S. Dollar (BITFINEX:LTCUSD) AtlasTrades Premium . LTC/USD Market. Major support:$155 WEATHER. When trying to predict the Litecoin price, traders also try to identify important support and resistance levels . The price of Litecoin can move even great heights, however reaching $800. Otherwise, that's pretty good resistance." Another coin on Melker's radar is Litecoin (LTC). However, a decline below the $194 pivot level exposes Litecoin to dropping to the $191 major support level. While this development opened the path to $294.21, the. 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. If this area can become support, LTC will see $300+ for the first time in 3 years. However, this resistance level is expected to effectively. The Litecoin price prediction could set a bullish run if the market can keep the coin above the resistance level of $100. There was a move above the $62 and $64 resistance levels. 3. trendanalysis. FINANCE. What is the next move for Litecoin? The bearish performance saw Litecoin lose its first major support level at $129 and the second major support level at $127 yesterday. Yahoo News. In the event of an extended breakout, Litecoin could test resistance at $240 before any pullback. $47,500 is an important technical level for BTC which means a failure to maintain a . Support levels: $100, $60, $20. Additio. LTCUSD - Daily 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. 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). Even if Litecoin can climb past the $80 mark, the trend would still be in favor of the bears. However, LTC could see a. The digital asset looks ready for a breakout above $230 into a new high at $280. Ethereum. However, a decline below the $194 pivot level exposes Litecoin to dropping to the $191 major support level. On the upside, the USD 1,800 might act as a resistance. It's a mixed start to the day for the majors. 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. . Support levels: $80, $75, $70. The second major resistance level sits at $253.69. It may not be the previous all-time high but hitting $50,00 surely puts the cryptocurrency on a path to setting another ATH. Orders are located in clusters around rounded numbers, or trend lines. 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. LTC price breaking resistance at $250 will set the stage for a try at its ATH of $420. Support levels: $100, $60, $20. Bitcoin Fear & Greed Index. There is also a key bearish trend line forming with resistance near $64 on the 4-hours chart of the LTC/USD pair. In a downtrend, each lower low will be a support level and each lower high will be a resistance level. . Support levels: $80, $75, $70. 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. If it breaks above the resistance level of $132.36, we can further see a bullish trend for the next few trading sessions. To start a fresh increase, the price must clear $64 and $65. The trend line is close to the. Sellers now overcome buyers at just about the 68,000 level — that's the new resistance spot. Litecoin price is gaining pace below $65 against the US Dollar, . Litecoin's second major resistance point stands at $202, and it could cap further upward movement in the short term. It's been a bearish start to the day for the majors following Thursday's sell-off. Similarly, Litecoin resistance levels are at $ 64.01, $ 64.82, and $ 65.87.. Support Levels Resistance Levels Litecoin Correlation The Litecoin price Analysis could set a bullish run if the market can keep the coin above the resistance level of $100. Following a 1.43% gain on Thursday, Ethereum ended the day at $2,125.81. Litecoin's upward movement is met with rejection at the recent high. Long-term forecast of Litecoin price: bearish. A choppy start to the day saw Litecoin slide to a late morning intraday. The Last Price will update only when the page is . Finding the most important ones can take many hours of practice. Breaking above this point . It went down from the overbought zone to a neutral zone. The Relative Strength Index has . Unless the bearish sentiment in the market grows stronger, Litecoin should steer clear of the sub-$185 level over the . The 21-day line SMA and the 50-day line SMA are sloping downward, indicating a downtrend. Just have a look at the the chart below. We are currently in a Long trade on Litecoin, with our stop placed at $47.92 (see related trade). Litecoin is above the 50% area of the daily . Key Levels: Resistance levels: $130, $135, $140. Compared with Bitcoin, the Litecoin price remains above the moving averages in other to trade above the resistance level of 2700 SAT. After a slow and steady rise from its March 2020 low of $25, LTC price is testing an important resistance zone around $250. STYLE. Trend Analysis. The price is now trading near the USD 0.62 support. 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). Ethereum 7.05%. 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. (set a price alert ). The May 10 price is the former support at $73. On hourly charts, Litecoin failed to breakout from its resistance level of $155 and retested its support levels around $145. The $300 resistance level is also met with the top . Additionally, bulls have… Litecoin price is showing positive signs above $70.00 against the US Dollar, similar to bitcoin . Litecoin has seen a small pivot with the rest of the crypto market following a small rally in Bitcoin. . LTC/USD -0.16% + Free Alerts. The bulls could not overcome the May 10 resistance level. Litecoin value may face resistance at $68.88 and $70.14, while may find support levels at $64.14, $62.88 and $61.14. . Litecoin price analysis suggests upwards movement to $130; The closest support level lies at $120; LTC faces resistance at the $128 mark. There are numerous technical indicators that you'd have to be aware, including support and resistance levels, moving averages, and whatnot. Altcoin dominance broke above a significant resistance level, suggesting a further advance. It would be a bullish development if LTC can climb past $102 and retest the $100-$101 as support. DOGE is moving lower below the USD 0.0800 support level. This lesson will explain how to draw support and resistance lines, what a support and resistance flip is, and the different types of support . Key Levels: "I would say get it above that line, $0.28. But on the upside, traders can. During that time span, Ether surged just . The higher is the product of both factors for given price range - level, the stronger is the level (reflected in the colour intensity . When price action occurs around these clusters, large moves result, such as breakouts or rejections. 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. 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 . We have cited these levels numerous times in the reports, and they continue to hold. 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. Take it off the top [and] we can go up there ($0.45). A break above $142 will pave the way for Litecoin to prepare for a new round with $145, then $150. Litecoin is above the 40% area of the daily stochastic. An immediate resistance is near the USD 42 level, above which the price could rise towards the USD 42 level. Resistance lies further higher in the $100 area as well, and buying opportunities might not arise until these resistances are broken. Coming up against the first major resistance level at $163, however, Litecoin eased back to end the day at sub-$160 levels. Litecoin underperformed yesterday, losing 0.315 of its value after declining by 1.45% the previous day.