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Tag Archives: Litecoin

Litecoin (LTC) Price Analysis: Trading Near Key Make-or-Break Levels

Litecoin price declined below the $60.00 level before it found support near $56.00 against the US Dollar.LTC price is currently correcting higher above $60.00, but it is facing a lot of hurdles.There is a major declining channel is forming with resistance near $61.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either rally towards the $68.00 level or it might restart its decline below $58.00.Litecoin price is trading near a major breakout zone against the...

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Litecoin (LTC) Price Analysis: Nosedives Below $60, $50 Next?

Litecoin price declined heavily and broke a few key supports near $68.00 against the US Dollar.LTC price struggled to stay above $65.00 and even declined below $60.00.There was a break below an important bullish trend line with support at $72.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is now in a bearish zone and it could even decline below the $58.00 support.Litecoin price is down more than 20% from highs against the US Dollar, similar to bitcoin. LTC...

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Litecoin (LTC) Price Analysis: Vulnerable To A Drop Below $75

Litecoin price started a sharp decline from the $80.00 resistance area against the US Dollar.LTC price broke the $75.00 support area to move into a short term bearish zone.There is a key bearish trend line forming with resistance near $75.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could accelerate its losses if it breaks the $67.50 and $65.00 support levels.Litecoin price is showing bearish signs against the US Dollar, similar to bitcoin. LTC price could...

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Litecoin (LTC) Price Analysis: Larger Rally To $100 Seems Possible

Litecoin price is climbing higher and it recently climbed above the $80.00 resistance against the US Dollar.LTC price traded to a new 2020 high at $84.51 and it currently consolidating gains.There was a break above a major ascending channel with resistance near $80.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $85.00 and $88.00 resistance levels in the near term.Litecoin price is gaining momentum above $80.00 against the...

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Litecoin (LTC) Price Analysis: Bulls Aiming $80 or Higher

Litecoin price is rising steadily and it is now trading above $70.00 against the US Dollar.LTC price traded to a new 2020 high at $73.99 and it remains in an uptrend towards $80.00.There is a crucial bullish trend line forming with support near $70.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $80.00 and $82.50 resistance levels in the near term.Litecoin price is trading in a strong uptrend above $70.00 against the US...

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Bitcoin Is Doing Well, but Will the Bears Soon Take Over?

Bitcoin has been doing quite well as of late. Over the past month, it has entered and stayed within bearish territory, and it’s currently trading for approximately $9,300.Bitcoin May Be Heading Back Down SoonYet, not everyone is convinced that everything is going to stay pleasant and positive. Many are worried that the currency is about to strike an anvil, and the bears are about to take over for good.Analysts are suggesting that bitcoin is above the “upper-band limit of the GTI Vera Band...

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Litecoin (LTC) Price Analysis: More Gains Above $62 Likely

Litecoin price remained in a positive zone and recently tested $62.40 against the US Dollar.LTC price corrected lower and it is now trading above the $58.00 support area.There is a major bullish trend line forming with support near $57.85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $61.00 and $62.40 resistance levels in the near term.Litecoin price is showing a lot of positive signs above $58.00 against the US Dollar,...

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Litecoin (LTC) Price Analysis: Signs of Bearish Extension To $52

Litecoin price topped near the $63.20 area and declined recently against the US Dollar.LTC price is now trading below the $60.00 level, with a couple of bearish signs.There is a key bearish trend line forming with resistance near $58.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides below the $55.00 support area.Litecoin price is currently correcting lower below $60.00 against the US Dollar, similar to bitcoin. LTC price could...

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Litecoin (LTC) Price Analysis: Bulls Remain In Driver’s Seat

Litecoin price gained a strong bullish momentum after it broke the $48.00 resistance against the US Dollar.LTC price traded towards the $60.00 resistance and it is currently correcting lower.There is a key contracting triangle forming with support near $54.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported on the downside near $52.00 and $50.00.Litecoin price is trading in a bullish zone above $50.00 against the US Dollar, similar to bitcoin....

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Litecoin (LTC) Price Analysis: Dips Remain Well Supported

Litecoin price rallied above the $44.00 and $46.20 resistance levels against the US Dollar.LTC price is currently correcting lower and it traded below the $46.20 level.There was a break below a key bullish trend line with support near $45.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $44.00 support area.Litecoin price is correcting gains from the $48.62 high against the US Dollar, similar to bitcoin. LTC...

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