Charted: Litecoin Approaching Breakout, Why LTC Could Rally If It Breaks $150

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 price is gaining momentum above $60.00 against the US Dollar. LTC is likely to continue higher (similar to bitcoin) towards $70.00 or $75.00 in the near term. Litecoin started a strong rally above the $55.50 and $58.00 resistance levels against the US Dollar. The price is now trading nicely above the $60.00 level and […]

Litecoin price started a strong rally above $90.00 and $100.00 against the US Dollar. LTC is consolidating gains and it could rally further above $110.00. Litecoin started a strong surge above the $90.00 and $100.00 resistance levels against the US Dollar. The price tested the $110.00 resistance zone and it settled above the 100 simple […]

Litecoin price is gaining momentum above $62.00 against the US Dollar. LTC is likely to continue higher (similar to bitcoin), and it could even break the $65.00 resistance in the near term. Litecoin formed a strong support base near $57.00 and started a fresh increase against the US Dollar. The price is now trading nicely […]

Litecoin bears have been smoked by the massive 27% rally in the past 24 hours following a high volume breakout from the range I discussed in my previous analysis, New Range. The surreal rise in Litecoin price has also pushed it to the highest level of 2015. Litecoin is currently trading at $3.871, a strong advance from yesterday's $3.047. Litecoin's jump to a fresh 2015-high closely follows Bitcoin's leap to a new June high, as the Greece crisis comes to its D-day. A technical look at the 240-minute LTC-USD price chart above tells that Litecoin has entered the "no-buy" zone due to its....