Litecoin Price Weekly Analysis - Make it or Break it Levels

Litecoin Price Weekly Analysis - Make it or Break it Levels

Key Highlights. Litecoin price traded lower this past week as it failed to break an important resistance area of $3.40. A major support area of $3.30 was cleared by sellers, which is currently acting as a resistance (price feed from HitBTC). The 100 hourly simple moving average (price feed from Bitfinex) is also near the current levels, and preventing the upside move. Litecoin price is forming an ascending channel pattern that may act as a catalyst for the next move in the near term. Upside break likely? Litecoin price recently broke a critical support area of $3.30, but somehow managed to....


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Litecoin Price Weekly Analysis - Likely to Hit Fresh Highs

Litecoin Price Key Highlights. Litecoin price held the ground as highlighted in the previous week's analysis that the $2.40 support area holds the key. A bearish trend line formed on the 4-hours chart of the Litecoin price was breached to open the doors for more gains in the near term. Litecoin price has managed to break a major resistance area, which might ignite an upside rally moving ahead. Retest of $3.80? The Litecoin price found support around $2.40, which acted as a major hurdle for sellers and prevented more losses. There was an upside move recently, as the price managed to break....

Litecoin Price Weekly Analysis - Buyers Beware

Key Highlights. Litecoin price after attempting a correction failed, and currently heading lower. The price breached a monster support area, which is signaling towards more declines ahead. Litecoin price clearing a critical support area is a warning sign to buyers and could ignite a downside move. Litecoin price solid run towards the upside failed around $8.98, as it traded lower. The downside was stalled around $3.24. It was a monster decline, as pointed in the previous weekly analysis. However, buyers made an attempt to take the price higher, but the upside was stalled just below the....