Category Archive : Litecoin Analysis

1Day Chart

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Key Support Levels: 49, 39, 29 USD

Key Resistance Levels: 63, 79, 83 USD

Litecoin Price Analysis: Finally Litecoin break 49 USD resistance Level and touch to 256 USD. Then I can expect (LTC) price hold above 249 USD support level then LTC touch to 63 USD resistance level.

Litecoin, price hold above 49 USD level then LTC bullish, unfortunately, LTC Price Break 49 USD support level then LTC bearish.

Litecoin Analysis More Details:

Litecoin (LTC) stays stuck inside the $39–$51 territory. The altcoin took off above $46 on July 25 however the bulls have not had the option to push the cost above $51, which shows that the bears are forcefully shielding the obstruction of the range.

The eighth-positioned cryptocurrency money on CoinMarketCap plunged beneath $46 on July 26 yet the bears couldn’t support the lower levels, which recommends that the bulls are amassing on plunges.

They are probably going to make another endeavor to move the cost above $51. On the off chance that effective, another upswing is likely with the main objective goal at $64.

This bullish view will be nullified if the LTC/USD pair diverts down from $51 and plunges back underneath $46. Such a move will show, that the range-bound activity is probably going to proceed for a couple of more days.

Litecoin Price analysis 2020 – Next Targets Update

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Key Support Levels: 242.70, 241.70, 241.34, 240.24

Key Resistance Levels: 244, 245, 246, 247, 248, 249.92

litecoin Analysis: I have already posted on litecoin price analysis and on my previous analysis post lite coin all targets achieved. litecoin price next targets on my analysis litecoin price hold above 44 USD levels and then show in the chart trend line breakout this trend line and next targets 247, 249.85 USD.

Litecoin Price Analysis More Details:

Litecoin (LTC) broke over the 20-day EMA ($43.13) on July 21, which shows that the bulls are attempting to make a rebound. The primary indication of solidarity will be a breakout and close (UTC time) above $46 and the energy is probably going to get above $51.

On the off chance that the bulls neglect to move the eighth-positioned digital currency on CoinMarketCap above $46, the bears will make another endeavor to drag the cost to $39. A break underneath this help could begin another downtrend.

At present, both moving average has smoothed out and the RSI is near the midpoint, which proposes that the LTC/USD pair may broaden its stay inside the range for an of more days.

LiteCoin Price Analysis 2020 – LTC Update

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Litecoin Analysis:

Key Support Levels: 242.70, 241.70, 241.34, 240.24

Key Resistance Levels: 244, 245, 246, 247, 248, 249.92

litecoin can hold on to the 42.75 support level here and can be pumped up to the same level 47, 49 USD resistance level again?

Buy Range: 242.80 – 244.20

Sell Targets

45.10 USD

46.20 USD

47.15 USD

49.21 USD

Stop Loss: 40.75 USD

Call Types: Short Terms

Call date: 7/21/2020

Note: Sale Buy Your Own Risk

More Details Litecoin

Litecoin (LTC) has been exchanging beneath both the moving midpoints for as long as hardly any days, which shows that the bulls are in no desperation to purchase at more significant levels. This could drag the cost to the basic help at $39.

The bears have not had the option to sink the eighth-positioned cryptographic money on CoinMarketCap underneath $39 for around three and a half months.

Be that as it may, the past bounce back off this help couldn’t mobilize to the head of the $39–$51 territory, which proposes shortcoming. A break underneath $39 will be a tremendous negative as that could drag the cost to $35 and afterward to $30.

This negative view will be nullified if the LTC/USD pair diverts up from the current levels and transcends the moving midpoints and the $46 obstruction. On the off chance that that occurs, a convention to $51 will be on the cards.