Litecoin Price Weekly Analysis – Poised for Further Appreciation?
Litecoin price may move back higher in the short term. There are many positive signs emerging on both the hourly as well as 2-hours chart. More gains are possible moving ahead. Intraday Support Level (Bitfinex) can be at $3.05. We were looking for a correction in Litecoin price this past week after it managed to surge closer to the $3.50-55 resistance area. The price corrected as low as $3.01, and then it found buyers for another leg higher. There was a bearish trend line formed on the hourly chart (data feed via Bitfinex), which was cleared recently. The stated trend line break looks....
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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....
After having stopped for breath, bulls have steamrolled the bears and Litecoin surged 5.6% to hit the highest level in a week. With this rise, Litecoin has also broken away from a medium-term trading range and looks well poised to accumulate hefty gains going ahead. Owing to the strong advance, Litecoin has become expensive to $1.532. Technical analysis of the 240-minute LTC/USD price chart indicates that even after the massive surge, there is still steam left in Litecoin and it may eventually touch $1.600. Litecoin Chart Structure - Litecoin has staged a positive breakout after having....
Key Highlights. Litecoin price continued to climb higher, as there was more than 10% gain noted this past week. A critical support trend line is forming, which might act as a buying zone moving ahead. There was a sharp upside reaction this week for Litecoin price that has strength for more gains. Litecoin price continued to rocket higher, as there was a lot of buying interest noted this past week. The price headed towards $4.37 where there was a selling interest noted. The price after testing the mentioned are started consolidation phase, which might continue for some time. The Bollinger....
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....