Litecoin’s (LTC) is making positive moves as the price reaches the high of $177. The altcoin is rising to retest the previous high of $200. The crypto had earlier attained the high of $200 immediately it recovered from the previous downtrend.
Today, the current uptrend is making a series of higher highs and higher lows. The current trend retested the $156 support and rebounded above it. LTC price broke through the moving averages, pulled back to retest it before resuming upward. On the upside, Litecoin is likely to face resistance when it rises to the $210 resistance zone. However, if buyers overcome the resistance at $210, a rally to $240 or $280 is expected. Meanwhile, LTC/USD is trading at $177 at the time of writing.
Litecoin mutatók elemzése
The crypto’s price has broken above the 21-day SMA and the resistance line of the descending channel. The upward movement will continue if the price closes above these levels. LTC price is at level 45 of the Relative Strength Index period 14. The crypto is still in the downtrend zone and below the centerline 50. Litecoin is above the 80% range of the daily stochastic. It indicates that the altcoin has reached the overbought region of the market. Sellers are likely to emerge.
Műszaki mutatók:
Fő ellenállási szintek: 500 és 540 dollár
Fő támogatási szintek - 160 és 120 dollár
Mi a következő lépés a Litecoin számára?
Litecoin is in an upward move. On June 10 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. This retracement indicates that the market will rise to level 1.618 Fibonacci extensions or level $188.057. Litecoin is retracing for a possible upward move.
Fontos. Ez az elemzés és az előrejelzés a szerző személyes véleménye nem egy kriptovaluta vételének vagy eladásának ajánlása, ezért nem tekinthető a CoinIdol jóváhagyásának. Az olvasóknak alapok befektetése előtt meg kell vizsgálniuk a saját kutatásaikat.
