Litecoin Price: Onto The next Bullish Rally?

Litecoin Price: Onto The next Bullish Rally?

Litecoin experienced 24hr gains of nearly 3% today as the litecoin price peaked near the $1.80 level. The recent movements are coming after some prolonged negativity in the bitcoin market. Negativity that seems to be coming to an end now that strong buying pressure is pushing charts upwards again. It's all in the volume. The litecoin price is currently experiencing gains even greater than bitcoin price has in the last few days. Comparing LTC/USD with BTC/USD yesterday, it was visible that the litecoin market wasn't as bearish as bitcoin. According to coinmarketcap.com, litecoin volume is....


Related News

Litecoin Price Technical Analysis for 11/3/15: Corrections and Rebounds

The Litecoin price has dropped around 0.5% against the USD in over the last 24 hours. After the surprising bullish rally in Bitcoin charts, the Litecoin as usually tailed the upsurge and eventually established new higher highs, one crossing above the presumed resistance level near 2.00. However, the market soon faced a little downside pressure as traders exited their positions for short-term profits. Nevertheless, the overall bullish bias continued to exist. As you can clearly see in the 4H BTC-e chart above, the Litecoin price is clearly way too above the 50-H MA, while the RSI is at 65 -....

Charted: Litecoin Bullish Breakout Suggests Larger Rally To $90

Litecoin price is up over 5% and it broke the main $80.00 resistance against the US Dollar. LTC is showing positive signs and it could continue to rally towards $90.00 or $95.00. Litecoin started a strong increase above the $74.00 and $75.00 resistance levels against the US Dollar. The price broke the main $80.00 resistance […]

This Analyst Predicts Massive Litecoin Rally And “Mental” Impact On Non Holders

Litecoin goes against the general market sentiment with a 24.5% and 57% rally in the higher timeframes. At the time of writing, LTC trades at $316 with 4.8% profits in the daily chart. Anonymous trader Julio_LTC has set support for LTC at $280 with a price target set at $330. The operator is bullish as […]

Litecoin Price Technical Analysis for 20/2/2015 - Pending Uptrend

Litecoin price resumed its journey towards the north yesterday to score a high of $1.85. The uptrend continued to control today's market and litecoin price is trading at $1.86 at the time of writing of this article. By studying the 1 hour Bitfinex (LTC/USD) charts from tradingview.com and calculating the 20 hour EMA (look at the below chart), we can better understand the market's trading pattern. On the 19th of January, the bullish rally was rather strong leading to 4 successive bullish candlesticks on the 1 hour charts. Also, we can recognize "bullish gapping" i.e. the price opens at a....

Litecoin Price Technical Analysis for 8/3/2015 - Warming Up!

Litecoin price ranged between $1.89 and $1.95 throughout yesterday's trading sessions. Litecoin charts seem to be mirroring what's happening on bitcoin's charts. Accordingly, it seems that litecoin price will likely rise especially that our bitcoin analysis anticipates a bullish wave during the next 24 hours. By examining the 4 hour Bitfinex (LTC/USD) chart from tradingview.com and plotting the William's Alligator indicator accordingly (look at the below chart), we can conclude the following: Since the new uptrend started pushing litecoin price upwards on the 27th of February, we have been....