LTC/USD

Litecoin Is in a Deadlock, Unable to Breach $200 High

Nov 02, 2021 at 11:43 // News Litecoin (LTC) price is trading above the moving average but faces a rejection of the $200 high. Today, the LTC price has fallen to a low of $196. Buyers have been desperately trying to break above the resistance level since October 21. On the breakout on October 20, buyers pushed the altcoin to the high of $210, but were rejected. The LTC price dropped to $187 and corrected to the upside. The upward correction led to another decline on the downside. The market

Litecoin Price Analysis: LTC retests descending resistance trendline, reversal back below $125 today?

TL;DR Breakdown LTC moved higher yesterday.Descending resistance trendline retested overnight.Market likely to reject further upside. Litecoin price analysis indicates bearish momentum to follow later today as a new lower high was established around $125-$128 price area, and further upside gets rejected as of now. Therefore, we expect LTC/USD to reverse later today and start heading towards the $105 major support next week. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market trades with a slight bullish momentum over the last 24 hours. Bitcoin is up by 1.27 percent, while Ethereum is

Price Analysis April 8: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Central banks around the world have pumped up their economies with huge stimulus measures. JPMorgan Chase’s chairman and CEO, Jamie Dimon, praised the United States for taking swift action to counter the current economic crisis. Despite the kind words, in a letter to JPMorgan shareholders, Dimon warned that the future “will include a bad recession combined with some kind of financial stress similar to the global financial crisis of 2008.”Ballet CEO and founder Bobby Lee expects Bitcoin to reach $10,000 by its block reward halving next month. Lee expects the

Price Analysis April 6: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

During a crisis, the first thing panic-stricken investors do is to sell almost every asset class they perceive is likely to go down. However, after the panic settles down, the bottom fishers step in and start buying the assets that show value. We have seen both of these phases play out for cryptocurrencies.The sharp selloff on March 12 was a good example of panic and the sharp correction was quickly followed by a phase of cherry-picking by long-term investors. Since bottoming out on March 13, most major cryptocurrencies have rebounded

Litecoin Price Prediction: LTC/USD Receives a Pat on the Back, Shoots by 5.52% Within 24 Hours

LTC Price Prediction – April 6Today, the Litecoin (LTC) gains 5.52% in the last 24 hours to touch $43.10.LTC/USD MarketKey Levels:Resistance levels: $50, $52, $54Support levels: $33, $31, $29LTCUSD – Daily ChartToday, after the coin tested $41 on the daily chart, LTC/USD underwent a much-needed break to the positive side. The coin posted gains of over 5.52% in the last 24 hours, with the coin trading above the 9-day and 21-day moving averages at a price of $42.61 at the time of writing while the signal line of RSI (14)

Litecoin Price Prediction: LTC/USD Facing the Ultimate Make or Break Test at $42

LTC Price Prediction – April 4LTC/USD is currently facing the ultimate breakout dilemma; would the breakout rally to $50 or a breakdown to $30?LTC/USD MarketKey Levels:Resistance levels: $50, $52, $54Support levels: $30, $28, $26LTCUSD – Daily ChartLTC/USD has mainly underperformed since recovery was staged from the lows posted a few weeks ago. While the price crash has been devastating for traders, the LTC/USD recovery has not occurred compared to other major cryptocurrencies in the market. On the other hand, Litecoin only succeeded in testing the resistance at $43 without much

Price Analysis April 3: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

On April 2 the U.S. Labor Department reported that the U.S. weekly jobless claims skyrocketed to 6.6 million. In the previous week, the claims stood at 3.3 million, meaning over the past two weeks the number of laid off American workers seeking unemployment benefits has reached 10 million. If the numbers continue to grow, the government and Federal Reserve is likely to announce another round of stimulus measures.All the money printing is likely to erode the value of the US dollar. In such a case, the investors will search for

Litecoin Price Prediction: LTC/USD Will Only Move Higher If $40 Is Broken

LTC Price Prediction – April 2The Litecoin (LTC) price records gain of almost 1.5%, as the coin is seen approaching the $40 level.LTC/USD MarketKey Levels:Resistance levels: $48, $50, $52Support levels: $30, $28, $26LTCUSD – Daily ChartLTC/USD is trading in the green in today’s session, trading above the 9-day and 21-day moving averages with a gain of 1.45%. The Litecoin bulls broke out from a narrow range-block formation as the price action is capped to the upside at $39 and supported the downside at $36, within tight conditions.However, a few days