Litecoin Price Prediction: LTC/USD Witnesses Price Upsurge in Ranges PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Predicția prețului Litecoin: Martorii LTC / USD Creșterea prețului în intervale

Litecoin Witnesses Price Upsurge – June 14
The LTC/USD market operation witnesses price upsurge while it fails to break down the lower range-line. As of writing, the crypto records a positive rate of 2.95 percent to trade around the value of $175.

Witnesses Price Upsurge: LTC Market
Nivele cheie:
Niveluri de rezistență: 200 USD, 250 USD, 300 USD
Niveluri de asistență: 130 USD, 1200 USD, 110 USD
Litecoin Price Prediction: LTC/USD Witnesses Price Upsurge in Ranges PlatoBlockchain Data Intelligence. Vertical Search. Ai.
LTC / USD - Diagrama zilnică
On the LTC/USD daily chart, the crypto’s market activity now witnesses a price upsurge in the range-bound zones of $200 and $150. The smaller SMA has slightly breached past the upper range zone as a small candlestick is in the forming toward it from the underneath to establish the somewhat presence of an upward movement in the market presently. The 50-day SMA indicator remains crossed downward by the 14-day SMA trend-line. The Stochastic Oscillators have struggling to cross the lines in favor of the upside between ranges of 40 and 80. That suggests that an upward move is in the offing.

Could the present price upsurge break the resistance of the $200 level in the near time?

Ca LTC / USD market witnesses a price upsurge in its trading activities, bulls now have every good opportunity to push further to the north. However, the line of resistance at $200 may be tough for the furtherance of an upsurge force. From the technical point of viewing, the pushes seem to be maintained around the long-ranging zones of the market.

The downward forces of the crypto economy could still be obtained around the immediate resistance level of $200. The placement of all the indicators over the point earlier mentioned has indicated that some downward pressures can still feature in the process of price not heightening its move around that point. If bears fail to hold their appearance stronger around that in the near assumed possible consolidation moving manner, an upward force may in that case take over the market to gradually decimate bears’ impact in the long run.
Litecoin Price Prediction: LTC/USD Witnesses Price Upsurge in Ranges PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Analiza prețului LTC / BTC

It now appears that Litecoin cannot launch a position against Bitcoin. Therefore, there has been no tangible price upsurge to suggest that the base crypto will soon be pushing the trend as paired with the flagship counter trading tool. The 50-day SMA indicator is situated underneath the 14-day SMA trend-line as they both point toward the east. The Stochastic Oscillators have dipped into the oversold region to cross the lines to the northbound slightly over range 20. That suggests that the base crypto seems to be preparing the grand to regain the trending weight pairing with the counter crypto in the near time.

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Source: https://insidebitcoins.com/news/litecoin-price-prediction-ltc-usd-witnesses-price-upsurge-in-ranges

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