Litecoin Price Weekly Analysis - Look for More Upsides
Key Highlights. After trading in a tiny range this past week, Litecoin prices traded higher, and currently look set for more upsides. A contracting triangle pattern was formed on the hourly chart (price feed from Bitfinex), which was breached to open the doors for buyers to take the price higher. A move back towards the last swing high of $3.80-85 is possible in the short term. After a sharp decline towards $3.20, Litecoin's price found support and is currently positioning itself for more gains. 100 MA (4-hours) as Pivot. This past week, there was a nasty fall in Litecoin'a price that took....
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Key Highlights. Litecoin price was completely rejected around $1.94 once, and it looks like price is heading again towards the mentioned area. $1.80 is an intermediate resistance, which if broken might clear the way for more upsides. Litecoin price after setting a short-term top around $1.94 corrected lower sharply. It declined more than 15% to trade near $1.60. The price even pierced the 61.8% Fib retracement level of the last leg from the $1.44 low to $1.94 high, and found support just above the 76.4% Fib level. There was a move below the 100 simple moving average on the 4-hours chart,....
Key Highlights. Litecoin enjoyed a monstrous rally as highlighted in the previous analysis. Prices surged higher and traded as high as $1.94 where sellers defended more upsides. Litecoin spiked sharply higher this past week to increase by more than 15%. There was a major range formed on the 4-hours chart before the price rushed higher. The $1.50 level was an important barrier for buyers, which was breached to open the doors for a rally as Litecoin steamed towards $1.90-$2.00. The bulls have completely outpaced the bears and managed to push prices within a span of a single day. Currently,....
Litecoin Price Key Highlights. Litecoin price managed to trade higher and settled above an important resistance area of $3.0. There was a nice upside reaction, as the price settled above the 100 simple moving average on the 4-hours chart. Litecoin price attempt to trade higher was successful, as it moved above a major pivot of $3.20 this past week. 100 MA as support. The Litecoin price finally managed to move higher this past and the $2.80 support area proved very helpful for buyers. The upside move was strong, which pushed the price above a bearish trend line on the 4-hours chart. The....
If there was a competition right now between our beloved hero Superman and the cryptocurrency Litecoin, I think even our iconic hero would say for once “Okay, let's catch a break!” Litecoin is breaking all the fathomable boundaries, having jumped from $2 to more than $8 in just the past 4 weeks. And with momentum and trend remaining overtly bullish, there is no saying what valuations we will see going ahead. Litecoin has jumped a massive, a phenomenal 31% in the past 24 hours to leapfrog to $8.100. In today's analysis, we are taking a departure from the normal routine in a way that a....
Litecoin (LTC) has struggled against Tether (USDT) as bulls continue to push the price above the key support region, forming a bullish chart pattern. Bitcoin’s (BTC) price has shown less steam compared to recent times; this has affected most crypto assets, including the price of Litecoin (LTC). (Data from Binance) Related Reading: Lightning Speed: 5 Ways To Make Money/ Earn Sats Using The Lightning Network Litecoin (LTC) Price Analysis On The Weekly Chart Litecoin (LTC) price has shown so much strength after hitting a low of $42; the price bounced off from this region and rallied to....