Even if Litecoin can climb past the $80 mark, the trend would still be in favor of the bears. The LTC/BTC pair is facing resistance at 0.00422 and can break in the upcoming days. Trend trader: wait for break back above $75 resistance. The cryptocurrency market is known to be particularly volatile. Unless the bearish sentiment in the market grows stronger, Litecoin should steer clear of the sub-$185 level over the . Litecoin price rose roughly 40% between August 31 and September 5, clearing the $211 resistance level and flipping it into a support barrier. An immediate resistance is near the USD 42 level, above which the price could rise towards the USD 42 level. The indicators showed the momentum to be in the hands of the bears, and the market structure was also bearish. Litecoin Key Price Levels Based on today's classical pivot point (P1) with the value of $ 62.97, Litecoin has support levels of $ 62.15, $ 61.11, and the strongest at $ 60.29. Technical indicators: Resistance levels: $140, $180, $220 . Support levels: $80, $75, $70. The price is now trading near the USD 0.62 support. In an uptrend, we have the opposite. The May 10 price is the former support at $73. Following a 1.43% gain on Thursday, Ethereum ended the day at $2,125.81. Ethereum, Litecoin, and Ripple's XRP - Daily Tech Analysis - July 24th, 2021. When price action occurs around these clusters, large moves result, such as breakouts or rejections. Support and Resistance / Pivots. XRP price is consolidating near the USD 0.40 level. There is also a key bearish trend line forming with resistance near $64 on the 4-hours chart of the LTC/USD pair. . Take it off the top [and] we can go up there ($0.45). It's been a bearish start to the day for the majors following Thursday's sell-off. LTC/USD is running a little retracement move above the resistance level of $100 with a price growth of 0.53%. Support levels: $85, $80, $75. This lesson will explain how to draw support and resistance lines, what a support and resistance flip is, and the different types of support . If the bears overcome the resistance at $102, Litecoin will rally above the moving averages. Each consecutive higher peak will be a resistance level, and each higher trough will be a support level. Investors should do their due diligence before investing. We show four separate pivot points (2 Support Levels, and 2 Resistance Points). LTC/USD -0.16% + Free Alerts. According to a prominent crypto trading analyst Michaël van de Poppe, the next crucial resistance zone for BTC is between $31,200 and $31,600. Resistance lies further higher in the $100 area as well, and buying opportunities might not arise until these resistances are broken. The indicators showed the momentum to be in the hands of the bears, and the market structure was also bearish. Litecoin these times showing some fundamentally important price-action necessary to look at and as Litecoin approaches highly crucial levels we should not underestimate the . Litecoin has seen a small pivot with the rest of the crypto market following a small rally in Bitcoin. LTC faces resistance at the $240 and further above at the $260 mark. LTC/USD Market. The bulls could not overcome the May 10 resistance level. . Key support and resistance levels are given using technical analysis. If the bulls break the resistance at $73, the market will go up to $107. If it breaks above the resistance level of $132.36, we can further see a bullish trend for the next few trading sessions. SPORTS. As a result of the current market movement, this trend could cause the market to break with resistance levels of $150, $155 and $160, while the potential supports to pay attention to are $125, $120 and $115 respectively. 07/24/2021. The bearish performance saw Litecoin lose its first major support level at $129 and the second major support level at $127 yesterday. The bears broke through this support and reached the low at $73. Since August 09, 2021, we can witness strong buying with huge candles . BITFINEX:LTCUSD Litecoin / U.S. Dollar. The bulls attempted to push LTC above $230 resistance . Looking at Dogecoin (DOGE), the trader says it must take out a strong resistance level before it can gather some bullish momentum. The key price level for Litecoin are the $ 60.58, $ 59.65 and $ 57.79 support levels and the $ 63.36, $ 65.22 and $ 66.15 resistance levels. (set a price alert ). Litecoin (LTC) technical analysis: Trade setup: Trading (consolidating) in a Sideways Channel ($60-75). Ethereum broke through the first major resistance level at $2,065 before falling to a late afternoon . Cardano (ADA) started a fresh decline from the USD 0.650 and USD 0.655 resistance levels. Litecoin is above the 50% area of the daily . Orders are located in clusters around rounded numbers, or trend lines. Since August 09, 2021, we can witness strong buying with huge candles . Price breaks from those levels could indicate higher volatility in the coming days. Bitcoin Ethereum News. At the time of writing, Litecoin was down by 2.63% to $154.82. MOVIES. We compute support and resistance levels by taking into account: 1) how long has the security price been in certain range, 2) how much trading volume has been realized in this range. Moreover, this is possible only if the market maintains its bullish trend. Finding the most important ones can take many hours of practice. Litecoin's second major resistance point stands at $202, and it could cap further upward movement in the short term. It went down from the overbought zone to a neutral zone. Litecoin price can jump to $200 if this level drops. In this cryptocurrency trading tutorial we review the altcoin Litecoin (LTC). XRP $0.401940 3.62%. Resistance: $132.36 Litecoin price aims for $93 as bullish momentum increases On the 4-hour chart, Litecoin has formed an uptrend after establishing several higher lows and higher highs. A break above $142 will pave the way for Litecoin to prepare for a new round with $145, then $150. WEATHER. The first major resistance is near the $64 level. The higher is the product of both factors for given price range - level, the stronger is the level (reflected in the colour intensity on the chart). However, even though the MACD formed a . We have cited these levels numerous times in the reports, and they continue to hold. What is the next move for Litecoin? The leading analyst also stated 'crucial support zone is holding for Bitcoin' with the second of two support zones between $29,600 and $29,200 showing strength. The first major resistance is near the $64 level. "I would say get it above that line, $0.28. Ethereum 7.05%. « harry potter is nick fury's brother fanfiction what will litecoin be worth in 2030solusyon sa suliranin ng sektor ng industriya what will litecoin be worth in 2030part time career coach jobs near london ADA, BNB, SOL, DOGE, and XRP price. There was a move above the $62 and $64 resistance levels. Hello Traders Investors And Community, Welcome to this analysis about Litecoin, we are looking at the daily timeframe perspective, the recent events, the current formational structure and what we can expect the next times. The cryptocurrency is in an upward correction as it reaches the resistance at $102 again. On hourly charts, Litecoin failed to breakout from its resistance level of $155 and retested its support levels around $145. The upswing could indicate the beginning of a new "altseason." . It's a mixed start to the day for the majors. While this development opened the path to $294.21, the. Litecoin has shown bearish momentum in the last couple of trading sessions and is expected to continue the same in the upcoming trading session. After climbing to the $320 mark, Litecoin price failed to continue its bullish rally, and the price broke down to the $280.00 level, where it hovered until the 22nd of April when it declined to the $220 . Just have a look at the the chart below. However, LTC could see a. We were able to pivot off of support in the lower $60 handle, but found immediate resistance at $64.37, then $66.94 which is a hard upper bound. A daily close above the high end of the current trading zone may encourage bulls to rally Litecoin towards the monthly resistance level at $74.55 (July 2018 low). To start a fresh increase, the price must clear $64 and $65. If this area can become support, LTC will see $300+ for the first time in 3 years. The Last Price shown is the last trade price at the time the quote page was displayed, and will not update every 10 seconds (as the Last Price at the top of the Quote page does). CELEBRITY. In fact, XRP went up just 8% and Litecoin increased 11% since Feb. 5. You mark each peak and trough with a short horizontal line. Bitcoin Cash $189.93 4.67% Support levels: $100, $60, $20. There are numerous technical indicators that you'd have to be aware, including support and resistance levels, moving averages, and whatnot. In yellow is highlighted a range Litecoin has formed over the past few days. Get Litecoin chart, price prediction and analysis along with most recent news and updates on Litecoin that help you to stay up to date. Sellers now overcome buyers at just about the 68,000 level — that's the new resistance spot. A choppy start to the day saw Litecoin slide to a late morning intraday. The 21-day line SMA and the 50-day line SMA are sloping downward, indicating a downtrend. It may not be the previous all-time high but hitting $50,00 surely puts the cryptocurrency on a path to setting another ATH. The trend line is close to the 50% Fib retracement level of the downward move from the $65.43 swing high to $60.84 low. MAIL. But on the upside, traders can. Litecoin price seems to be facing just one significant resistance barrier on the way up. In its previous rallies, Litecoin traded and reached a high $230 on February 13. Presently, buyers are making frantic efforts to break the $220 resistance levels which have impeded a further upward movement of price. Litecoin's upward movement is met with rejection at the recent high. Litecoin. The digital asset has established a short-term uptrend and only needs to crack one last resistance level at $84 to aim for $100. $47,500 is an important technical level for BTC which means a failure to maintain a . The mid-point of this range at $98 has served as support, and at press time Litecoin was climbing toward the $101 resistance level. Trend Analysis. LTCUSD - Daily Chart. Although the buyers have recovered to the $128.0, the . If prices can move beyond this level, we can expect Litecoin to resume its uptrend and aim for the $115 and $118 levels, which are the next major resistance on the charts. 33. (RSI) for Litecoin is at level 39 for period 14, and the RSI index will rise as the altcoin resumes its uptrend. . Otherwise, that's pretty good resistance." Another coin on Melker's radar is Litecoin (LTC). NEWS. However, this resistance level is expected to effectively. Altcoin News Litecoin (LTC) Price Analysis: Crucial Support At $60. HOME. Resistance lies further higher in the $100 area as well, and buying opportunities might not arise until these resistances are broken. In my opinion price after small pull back can break resistance. The closest support level lies at $220 and further below at the $200 mark. Litecoin's upward movement is met with rejection at the recent high. LTC/USD is attempting to cross above the 9-day and 21-day moving averages . Additio. STYLE. Key Levels: Resistance levels: $120, $125, $130. The $300 resistance level is also met with the top . As per the technical analysis, the resistance and support levels are affected by other factors in the crypto market. The Litecoin prices are presently trading at $110.90 and have formed higher highs and . If the Litecoin price decides to stay under the control of bears, the price may roll back to the previous supports at $90, $80, and $70 below the moving averages. Conclusion Litecoin (LTC) is currently testing its resistance zones with a positive trend from last week, and now it is in a consolidation phase. FINANCE. . Litecoin / U.S. Dollar (BITFINEX:LTCUSD) AtlasTrades Premium . Litecoin underperformed yesterday, losing 0.315 of its value after declining by 1.45% the previous day. The higher the timeframe, the more relevant the levels become. Support levels: $80, $75, $70. It was the buyers who took control in June/July at just below 30,000 — that's where support lies. According to the Litecoin forecast, the price started at around $85 in early December 2020, later short-term LTC price drop was seen for four days straight, and by the year's end, the average price was around $160. Altcoin dominance broke above a significant resistance level, suggesting a further advance. An immediate support is near the USD 0.0780 level. Buy Litecoin Now. To share with you more of my specific professional trading view, I am showing you specific Fibonacci Price Support and Resistance Levels.