- Litecoin price started an upside correction above the $120 zone against the US Dollar.
- LTC price is now well above the $130 level and the 55 simple moving average (4-hours).
- There was a break above a crucial bearish trend lien with resistance near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).
- The pair must clear $145 and $150 to start a fresh rally in the near term.
Litecoin price is slowly gaining pace above $130 against the US Dollar, unlike bitcoin. LTC price must break $150 to move further into a positive zone in the near term.
Litecoin áranalízis
This week, there was a decent upward move in bitcoin, Ethereum, fodrozódás, and litecoin against the US Dollar. Earlier, LTC formed a base above the $120 level and it started a fresh increase.
The bulls were able to push the price above the $130 level and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend lien with resistance near $128 on the 4-hours chart of the LTC/USD pair.
The pair even spiked above the 50% Fib retracement level of the main decline from the $182 swing high to $105 low. However, the price is now facing a strong resistance near the $145 and $150 levels. There was also already a rejection noted near the $148 level.
The 61.8% Fib retracement level of the main decline from the $182 swing high to $105 low is also near the $152 level. Therefore, the price must break the $150 and $152 levels to continue higher. The next key resistance is near the $165 level and $168.
An initial support on the downside is near the $135 level. The next major support could be near the $132 level and the 55 SMA. Any more losses might call for a drop towards the $110 level.
Litecoin (LTC) ára
Nézve a chart, litecoin price is clearly trading well above $130 and the 55 simple moving average (4-hours). Overall, the price must clear $145 and $150 to start a fresh rally in the near term.
Műszaki mutatók
4 óra MACD - Az LTC / USD MACD-je küzd a tempó felgyorsításáért a bullish zónában.
4 órás RSI (relatív erősségi index) - Az LTC / USD RSI mostantól meghaladja az 50 szintet.
Legfontosabb támogatási szintek - 135 és 132 dollár.
Kulcsellenállás - 145 és 150 dollár.
