Tag: litecoin price analysis

Nov 22 2022

Rising Litecoin(LTC) Price Sets Its Next Target To $73.35; Buy Now?

With a 52.4% volume hike, the Litecoin (LTC) price gave a high momentum breakout from the $64.5 resistance. Thus, this bullish breakout should accelerate...

These Altcoins Defy Broader Market Correction, ETH Whales Accumulate

The broader cryptocurrency market is facing strong selling pressure over the last 3-4 days slipping under the $800 billion market cap. However, a few altcoins like Chainlink (LINK), Tron (TRX), and Litecoin (LTC) have seen renewed...

Nov 07 2022

Here’s Why Litecoin Price Could Undergo A 20% Correction

Earlier today, the Litecoin (LTC) price attempted a high momentum breakout from the overhead resistance. A 36% boost in volume indicated the buyers'...

Nov 03 2022

After Dogecoin, This Altcoin Shoots With Major Decoupling from Rest of Crypto

Over the last week, memecoin Dogecoin (DOGE) stormed the crypto market with solid gains of over 100%. The Dogecoin price rally came against the backdrop of Elon Musk's Twitter acquisition. Now, there's another altcoin that's decoupling majorly from the rest of the crypto market. In the last 24 hours, Litecoin... Read more

Nov 02 2022

Can Litecoin Price See 6% Jump This Week?

With a comparably bullish week in the crypto market, the altcoins are performing well to restart the uptrend. Coming out of the shadows, Litecoin price jumped 10.32% last week, resulting in a pattern breakout entry opportunity for short to midterm traders. Key points: The massive bullish candle with sufficient could... Read more

Oct 21 2022

These Two Altcoins See Strong Whale Accumulation, ETH Lags Behind

The world's largest cryptocurrency Bitcoin (BTC) has seen some selling pressure recently moving closer to $19,000. On the other hand, a few altcoins have been showing good momentum with strong whale accumulation and address activity. Oracle service provider Chainlink has been on the radar of big investors who have been... Read more

Sep 21 2022

Litecoin Price Trapped In a Make-or-Break Situation; Watch this Before Buying

On September 18th, the Litecoin price triggered a rising parallel channel pattern with the breakdown of the long-coming support trendline. However, the price is currently stuck in a retest phase, and the lower price rejection candles there indicate weakness in buyer's commitment. Thus, the interest needs better confirmation before they... Read more

Sep 13 2022

Litecoin Price Strikes Multi-Month Resistance, Is It Safe To Enter?

A rising parallel channel pattern governs the ongoing recovery in LTC/USDT pair. The recent bull cycle within this pattern was initiated when the coin price rebounded from the shared support of $52.7 and ascending trendline. However, the Litecoin price is struggling to surpass the $64.7 resistance . Click here to... Read more

Sep 11 2022

Litecoin Price Winning Streak May Break $65 Barrier, But There’s A Catch.

A bull cycle within a rising parallel channel pattern strikes the monthly resistance of $65. This horizontal level has limited the bullish growth for the past three months, indicating a high possibility of price reversal. However, even if the Litecoin price breach resistance, the bullish path is filled with more... Read more

Sep 03 2022

Here’s Why LTC’s Current Bull Cycle Could Hit $70; But There’s A Catch

A bullish reversal from the support trendline triggers a new bull cycle within a...

Sep 01 2022

Litecoin Price Jumps 6% In Two-Day; Are You Still Buying?

Sep 01 2022 Published at Coingape under tags  litecoin price analysis price analysis

Litecoin price jumps for the second straight day, despite a broader crypto market meltdown. LTC hovers in a range of $52.0 and $56.0 for the past few sessions. Bulls managed to take control from the lows of $52.0 and made a corrective pullback in today's session from the highs of $56.54. We expect LTC to The post Litecoin Price Jumps 6% In Two-Day;...

Aug 28 2022

Emerging Pattern May Push LTC Price To $64.6 Mark

A morning star candle formation at the $52.2 support indicates the buyers are attempting price recovery. However, no significant jump in volume...

Aug 17 2022

Why Litecoin (LTC) Could Witness A 24% Drop, and Can It Be avoided?

A rising wedge pattern governs the ongoing recovery in the LTC/USDT pair. Following this...

Aug 13 2022

LTC Price Analysis: Bearish Pattern Lurking on Litecoin; is it Worth Holding?

Amid the recent recovery sentiment in the crypto market, the LTC/USDT pair bounced back from the $40.68 low. Furthermore, the bull run shows a set of...

Jul 16 2022

Litecoin Price Analysis: Will Rising LTC Prices Sustain Above $50?

Jul 16 2022 Published at Coingape under tags  litecoin price analysis ltc price analysis

Over the past three weeks, the LTC price has resonated within the falling channel pattern. The recent bulls cycle bolsters buyers to rechallenge the resistance trendline. A potential breakout could trigger a genuine recovery rally. should you be entering a long trade? Key points: LTC prices have increased by 1.29% in the last 24 hours....

Jul 10 2022

Litecoin Price Analysis: LTC Consolidation May End With $60.8 Breakout

Jul 10 2022 Published at Coingape under tags  litecoin price analysis ltc price analysis

The ongoing consolidation in Litecoin(LTC) chart reflects a cup and handle pattern. Furthermore, the coin price is currently forming the handle portion of the pattern and leads the recovery rally to $60.88 neckline resistance. A bullish breakout from this barrier should carry a directional rally. Key points The LTC price has surged 8% in the...

Jun 20 2022

Litecoin Price Analysis: Reversal Pattern May Push LTC Price Beyond $60

Jun 20 2022 Published at Coingape under tags  litecoin price analysis ltc price analysis

The multiple lower price rejection candles reflected the failed attempts from sellers to break the $40 psychological support. However, the price action hovering above the $40 mark shaped into a double bottom pattern, whose breakout indicates a recovery opportunity for Litecoin(LTC) holders. Key points LTC chart shows double bottom pattern breakout in 4-hour time frame...

Jun 17 2022

Litecoin Price Analysis: Can $40 Support Raise LTC Price Higher?

Jun 17 2022 Published at Coingape under tags  litecoin price analysis ltc price analysis

The Litecoin(LTC) sellers ended a four-week consolidation after they breached the $51 support on June 9th. The resulting fall plummeted the altcoin to $40 psychological support, but a rise in demand pressure stalls the selling momentum. Moreover, the bullish signal from the MACD indicator suggests a breakout of $51. Key points A lower price rejection...

Jan 28 2022

Dec 17 2021

Bitcoin, Litecoin And Ethereum Slide Off The Charts: Crucial Levels To Look Out For

From the current technical outlook, it seems as though Bitcoin's prices will continue to oscillate between the $50,173 and $45,333 levels, respectively. Bitcoin had marked a decent recovery...

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