LTC price action indicates a bullish revival at $60.
A potential rally could push LTC to $70.
Litecoin experienced a death cross, signaling a downtrend.
A drop below $60 could lead to a price of $50.
On August 17th, LTC broke the $70 support zone.
The price has a negative 11% year-to-date return in 2023.
Current LTC price is around $62.14.
The price is close to a crucial action zone at $62.
Technical indicators like MACD and RSI suggest a recovery.
Despite the recovery, the overall trend remains bearish.
A potential uptrend could push LTC to $70.
A continued downtrend might breach the $60 mark, testing the $50 support level.
A potential rally could push LTC to $70.
Litecoin experienced a death cross, signaling a downtrend.
A drop below $60 could lead to a price of $50.
On August 17th, LTC broke the $70 support zone.
The price has a negative 11% year-to-date return in 2023.
Current LTC price is around $62.14.
The price is close to a crucial action zone at $62.
Technical indicators like MACD and RSI suggest a recovery.
Despite the recovery, the overall trend remains bearish.
A potential uptrend could push LTC to $70.
A continued downtrend might breach the $60 mark, testing the $50 support level.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.