Litecoin price is currently declining and trading well below $44.00 against the US Dollar.LTC price is likely to continue lower below $41.00 and $40.00 in the near term.There was a break below a major bullish trend line with support near $41.30 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair might find support near $39.50 and start a fresh recovery above $42.00.Litecoin price is struggling to rise above key hurdles against the US Dollar, similar to bitcoin. LTC...
Read More »Litecoin (LTC) Price Analysis: Risk of Additional Losses Below $40
Litecoin price is struggling to stay above the $40.00 support area against the US Dollar.LTC price is likely to accelerate its decline if its breaks the $39.00 support area.There is a key bearish trend line forming with resistance near $41.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair might recover once it climbs above $41.50 and $42.00 in the near term.Litecoin price is showing a few bearish signs against the US Dollar, similar to bitcoin. LTC price remains...
Read More »Litecoin (LTC) Price Analysis: Losses Reversal & Bullish Signals
Litecoin price is recovering nicely from the monthly low of $35.85 against the US Dollar.LTC price is up around 10% and it even climbed above the $40.00 resistance area.There is a crucial bearish trend line forming with resistance near $42.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could consolidate in the short term before it revisits the $42.00 resistance area.Litecoin price is showing a few positive signs against the US Dollar, similar to bitcoin. LTC...
Read More »Litecoin (LTC) Price Analysis: Primed For Downside Thrust
Litecoin price is sliding and it is now trading well below the $45.00 level against the US Dollar.LTC price is under pressure and it could struggle to recover above $44.00 and $45.00.There is a major bearish trend line forming with resistance near $44.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $42.80 and $42.50 levels in the near term.Litecoin price is showing a lot of bearish signs against the US Dollar and...
Read More »Litecoin (LTC) Price Analysis: Risk of Additional Losses
Litecoin price is declining and trading well below the $50.00 level against the US Dollar.LTC price is struggling to recover above the $46.50 and $47.20 resistance levels.There is a major declining channel forming with resistance near $46.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to extend its decline below the $44.00 and $42.00 levels in the near term.Litecoin price is trading in a major downtrend against the US Dollar and bitcoin. LTC price...
Read More »Litecoin (LTC) Price Analysis: Trading Near Make-or-Break Levels
Litecoin price is recovering nicely and trading above $45.50 against the US Dollar.LTC price is currently trading near a major resistance area at $48.80 and $49.20.There is a significant bearish trend line forming with resistance near $48.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to surge higher once it clears the $49.20 and $50.00 resistance levels.Litecoin price is attempting a crucial upside break against the US Dollar and bitcoin. LTC price...
Read More »Litecoin (LTC) Price Analysis: Primed To Test $50 Before Higher
Litecoin price is facing an increase in selling interest below $60.00 against the US Dollar.LTC price is currently trading below the key $59.80 and $57.00 support levels.There is a crucial bearish trend line forming with resistance near $57.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to break the $54.00 support area and continue lower in the near term.Litecoin price is back in a downtrend against the US Dollar and bitcoin. LTC price remains at a...
Read More »Litecoin (LTC) Price Analysis: Risk of More Losses Below $60
Litecoin price failed to surpass the $65.00 resistance area and declined recently against the US Dollar.LTC price is currently trading well below the $62.50 and $62.00 support levels.There was a break below a major bullish trend line with support near $61.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $58.80 and $57.50 support levels.Litecoin price is facing an increase in selling pressure against the US Dollar and...
Read More »Litecoin (LTC) Price Analysis: Primed For More Gains Above $65
Litecoin price is trading in a positive zone above the $60.00 support area against the US Dollar.LTC price is currently trading below the key $64.20 and $65.00 resistance levels.There is a key bullish trend line forming with support near $61.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported near $60.00 and it could rise above the $65.00 resistance.Litecoin price is moving nicely in a bullish zone against the US Dollar and bitcoin. LTC price...
Read More »Litecoin (LTC) Price Analysis: Last Dip Before Fresh Increase?
Litecoin price is currently correcting lower below the $60.50 resistance against the US Dollar.LTC price is currently holding the key $57.10 and $55.80 support levels, with a positive bias.There is a major bearish trend line forming with resistance near $58.90 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dip once last time towards the $55.80 support area before it started a decent upward move.Litecoin price is retreating from the recent high near $64.40...
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