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Tag Archives: Litecoin

Litecoin (LTC) Price Analysis: Upsides Likely To Be Capped Above $45

Litecoin price extended its decline below the $46.00 support zone against the US Dollar.LTC price traded as low as $41.69 and settled well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $46.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to face a strong selling interest near the $46.00 and $46.50 levels in the near term.Litecoin price is currently trading in a bearish zone below the $46.00...

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Litecoin (LTC) Price Analysis: Fresh Bullish Breakout Likely Above $50

Litecoin price is currently consolidating losses above the $45.00 and $46.00 support levels against the US Dollar.LTC price is currently testing the $49.20 resistance level and it is well below the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $49.25 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $49.50 and $50.00 resistance levels to move into a positive zone.Litecoin price is currently...

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Litecoin (LTC) Price Analysis: Do or Die for The Bulls Near $57

Litecoin price is currently declining and trading below the $62.00 and $60.00 support levels against the US Dollar.LTC price is testing the $57.00 support zone and it is well below the 55 simple moving average (4-hours).There was a break below a major connecting bullish trend line with support near $61.45 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $60.00 and $60.50 resistance levels to move into a positive zone.Litecoin price is currently...

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Grayscale Premiums Are Through the Roof

Grayscale is taking the trading world by storm. It is currently responsible for more than $5 billion in digital assets, which is about 40 percent higher than the figure it oversaw in early summer at the conclusion of its second quarter.Grayscale Premiums for Two New Trusts Are HugeRecently, the company released two new crypto trusts, one for Litecoin and the other devoted to bitcoin cash. While this would be fantastic news in most circles, there are some analysts that question how the trusts...

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Litecoin (LTC) Price Analysis: Key Inflection and Barrier At $60

Litecoin price is currently trading in a bearish zone below the $64.00 and $60.00 levels against the US Dollar.LTC price is facing a major hurdle near $60.00 and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $60.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $60.00 and $61.00 resistance levels to move into a positive zone.Litecoin price is currently following a bearish path against the US...

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Litecoin (LTC) Price Analysis: Support Turned Resistance At $65

Litecoin price started a major downside correction from the $69.00 swing high against the US Dollar.LTC price is currently holding the key $60.00 support zone and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $62.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could rise again, but the bulls need to clear the $65.00 resistance for a sustained upward move.Litecoin price is holding a couple of important...

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Litecoin (LTC) Price Analysis: Bulls Aiming Bullish Break Above $60

Litecoin price found support near the $52.00 level and remained well bid against the US Dollar.LTC price is currently rising above the $55.00 level and testing the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $57.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $58.00 and $60.00 resistance levels in the near term.Litecoin price is trading in a positive zone above...

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Litecoin (LTC) Price Analysis: Bulls Likely Basing For Next Rally

Litecoin price gained bullish momentum above the $45.00 and $50.00 resistance levels against the US Dollar.LTC price traded to a new monthly high at $58.07 and settled above the 55 simple moving average (4-hours).There is a short-term contracting triangle forming with resistance near $55.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could start a fresh rally if it clears the $55.50 and $56.00 resistance levels in the near term.Litecoin price is trading in a...

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Litecoin (LTC) Price Analysis: Bulls Facing Uphill Task Near $44.5

Litecoin price started an upside correction from the $41.50 support zone against the US Dollar.LTC price is now trading well below the $42.50 level and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $44.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could struggle to clear the $44.50 and $45.00 resistance levels in the near term.Litecoin price is slowly moving higher towards $45.00 against the US...

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Litecoin (LTC) Price Analysis: Trading Near Crucial Juncture, Can The Bulls Make It?

Litecoin price is struggling to stay above the $42.60 support zone against the US Dollar.LTC price is now trading well below the $44.00 level and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $43.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a fresh increase above $44.00 or it might dive below the $42.60 support.Litecoin price is showing a few bearish signs below $44.00 against the US...

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