Litecoin Traders Face Dilemma Ahead Of Breakout, Will Price Rally To $60?
LTC price breaks down into a descending triangle as price failed to break above resistance, holding price from trending higher. LTC trades below 8 and 20-day Exponential Moving Average as the price struggles to regain bullish signs as the price continues ranging in a descending triangle. LTC prices continue to range as prices aim for a breakout in either direction. The price of Litecoin (LTC) continues to struggle as price ranges in an attempt to rekindle its bullish movement against tether (USDT). Litecoin (LTC) and other crypto assets enjoyed a relief bounce in previous weeks that saw....
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Litecoin price declined heavily below $150, but it found support near $115 against the US Dollar. LTC is currently rising, but it is likely to face a strong resistance near $150. Litecoin started a strong decline below the $165 and $150 support levels against the US Dollar. The price is rising from the $115 zone […]
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....
Litecoin jumped 12% over the weekend to surge to a 4-month high of $2.100 as bulls decide to take full control of the situation. In my previous analysis, I had discussed that the market may end its consolidation soon and now that it has, I expect the action to continue for a little longer. As bulls take a breather, Litecoin is trading at $2.013. The massive rally in Litecoin must have taken a majority of market participants by surprise. But now, as the price looks to form a base above $2.000, minor profit booking cannot be ruled out. Litecoin Chart Structure - The 240-minute LTC/USD price....
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 […]
Litecoin has experienced a strong bullish surge in recent days, climbing over 30% since last Friday. This impressive rally has positioned Litecoin as one of the top-performing altcoins during a period of market uncertainty. Analysts and investors are now speculating about the potential for a massive breakout in the coming weeks as Litecoin continues to show relative strength compared to other cryptocurrencies. Related Reading: Cardano Is Showing Signs Of A Potential Rebound As Key Indicator Flashes A Buy Signal – Analyst Top analyst BigCheds shared a detailed technical analysis, revealing....