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Litecoin (Cryptocurrency)

LTCUSD more weakness likelyLitecoin continues to trade at multi-month lows, with LTCUSD pair remaining at risk of a deeper decline towards the $36.00 level. Sustained LTCUSD weakness below the $50.00 level remains the trigger for a decline towards at least the $40.00 support area. Overall, medium to longer-term dip-buyers may return once the overall downside objective of $36.00 is reached. • If the LTCUSD pair trades below the $50.00 level, key support is found at the $40.00 and $36.00 levels. • If the LTCUSD pair trades above the $50.00 level, key resistance is found at the $55.00 and $57.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $36.00 riskLitecoin remains vulnerable to further losses after the cryptocurrency broke major weekly support around the $57.00 level. Going forward, LTCUSD buyers need to defend the $50.00 level to avoid a potential decline towards the $36.00 support level. Overall, a move back above the $80.00 resistance level is needed to confirm the end of the recent downtrend in the LTCUSD pair. • If the LTCUSD pair trades below the $57.00 level, key support is found at the $66.50 and $80.00 levels. • If the LTCUSD pair trades above the $57.00 level, key resistance is found at the $50.00 and $36.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $57.00 key supportLitecoin remains trapped around the $60.00 level as almost the entire cryptocurrency market comes under bearish selling pressure. LTCUSD bulls need to defend the $57.00 level to avoid further downside in the pair towards the $50.00 level. Overall, the LTCUSD pair still has a chance of achieving its near-term target of $90.00, while trading above the $57.00 support level. • If the LTCUSD pair trades below the $57.00 level, key support is found at the $50.00 and $46.50 levels. • If the LTCUSD pair trades above the $57.00 level, key resistance is found at the $68.00 and $90.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
Don't miss the great buy opportunity in LTCUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (59.45). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . LTCUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. Take Profits: TP1= @ 80.35 TP2= @ 131.60 TP3= @ 143.75 SL= Break below S2
BITSTAMP:LTCUSDLong
by ForecastCity_EU
LTCUSD $68.00 targetLitecoin has started to firm above the $60.00 level on Tuesday as positive sentiment starts to spread through the cryptocurrency market. Short-term LTCUSD bulls are now back in control while price trades above the $60.00 level and could start to target the $68.00 level. Overall, the medium-term upside objective for LTCUSD buyers is located just below the $90.00 resistance level. • If the LTCUSD pair trades below the $60.00 level, key support is found at the $55.00 and $47.00 levels. • If the LTCUSD pair trades above the $60.00 level, key resistance is found at the $68.00 and $90.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $60.00 now keyLitecoin continues to press higher on the cryptocurrency market, following its recent reversal from just above the $45.00 level. A sustained breakout above the $60.00 level should lead to further gains for the LTCUSD pair towards at least the $72.00 resistance level. The four-hour time frame also shows that the recent rally has helped to invalidate a bearish head and shoulders pattern. • If the LTCUSD pair trades below the $60.00 level, key support is found at the $50.00 and $47.00 levels. • If the LTCUSD pair trades above the $60.00 level, key resistance is found at the $65.00 and $72.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $36.00 in focusLitecoin has come under heavy downside pressure below the $50.00 after the broader cryptocurrency market suffered a major sell-off on Wednesday. According to the downside projection of multiple bearish head and shoulders pattern on the daily time frame, the LTCUSD pair could fall towards the $36.00 level. Only a sustained move above the $60.00 level can change the LTCUSD pair's negative outlook. • If the LTCUSD pair trades below the $50.00 level, key support is found at the $44.00 and $36.00 levels. • If the LTCUSD pair trades above the $50.00 level, key resistance is found at the $60.00 and $66.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD pressure buildingLitecoin has come under severe downside pressure towards the $50.00 level, following a heavy decline in the broader cryptocurrency market. Sellers could now target the $36.00 support level, as it has been a long-term bearish target that has yet to be reached. Overall, the LTCUSD pair will need to rally above the $60.00 resistance level to reduce intraday bearish pressure. • If the LTCUSD pair trades below the $50.00 level, key support is found at the $44.00 and $36.00 levels. • If the LTCUSD pair trades above the $50.00 level, key resistance is found at the $60.00 and $66.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $50.00 trigger levelLitecoin has lost recent upside momentum after the fifth-largest cryptocurrency was rejected from just below the $60.00 resistance level. The recent rejection puts the $50.00 support level in focus, which is a key trigger level this month. A loss of the $50.00 level could spark a major decline towards the $36.00 support level. • If the LTCUSD pair trades above the $60.00 level, key resistance is found at the $66.00 and $73.50 levels. • If the LTCUSD pair trades below the $60.00 level, key support is found at the $50.00 and $36.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $66.00 still keyLitecoin is attempting to recover higher in early Thursday trade as the fifth-largest cryptocurrency receives a boost from improving trading sentiment. The LTCUSD pair must break above the $66.00 level to negate short-term selling pressure. Overall, the LTCUSD pair is still vulnerable to a decline towards the $36.00 level if the broader cryptocurrency market starts to trade lower. • If the LTCUSD pair trades above the $60.00 level, key resistance is found at the $66.00 and $73.50 levels. • If the LTCUSD pair trades below the $60.00 level, key support is found at the $50.00 and $36.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD still bearishLitecoin remains in a vulnerable technical position, with the cryptocurrency threatening a deeper decline if the $50.00 support level is broke. The LTCUSD pair is trading below the neckline of a head and shoulders, with the $36.00 level the medium-term target. LTCUSD bulls need to rally the pair above the $66.00 level to encourage traders to move back into short-term long positions. • If the LTCUSD pair trades above the $50.00 level, key resistance is found at the $66.00 and $73.50 levels. • If the LTCUSD pair trades below the $50.00 level, key support is found at the $44.00 and $36.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $36.00 is the riskLitecoin appears increasingly bearish as the new trading week opens as the fifth-largest cryptocurrency languishes towards the $50.00 level. The LTCUSD pair is set for another month of losses, leaving the risk of a possible decline back towards the $36.00 level. Overall, bulls need to move the LTCUSD pair above the $65.00 level or the cryptocurrency could see start to settle below the $50.00 level. If the LTCUSD pair trades above the $50.00 level, key resistance is found at the $65.00 and $73.50 levels. If the LTCUSD pair trades below the $50.00 level, key support is found at the $44.00 and $36.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $50.00 criticalLitecoin has erased its strong monthly gains, with the fifth-largest cryptocurrency by market capitalization sliding lower alongside the broader market. Further losses under the $50.00 level could prompt the LTCUSD pair to fall towards the $44.00 level. Overall, heavy weakness should be expected while the cryptocurrency fails to move away from the $65.00 support level. If the LTCUSD pair trades above the $65.00 level, key resistance is found at the $70.00 and $73.50 levels. If the LTCUSD pair trades below the $65.00 level, key support is found at the $50.00 and $44.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $100.00 preferred targetLitecoin is tracking higher alongside the broader cryptocurrency market, leaving the fifth-largest digital currency plenty of space to advance this week. LTCUSD bulls need to hold price above the $73.50 level to encourage a test of the $80.00 resistance level. Overall, the psychological $100.00 level still remains the preferred upside target if the short-term recovery continues to gather pace. If the LTCUSD pair trades above the $73.50 level, key resistance is found at the $80.00 and $90.00 levels. If the ETHUSD pair trades below the $73.50.00 level, key support is found at the $68.00 and $65.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $80.00 first targetLitecoin has had a strong start to the new trading week, with the fifth-largest cryptocurrency advancing toward the $73.00 level. Multiple inverted head and shoulders patterns are building on the lower time frames, with the $80.00 level the first target. Overall, if the price reaches the $80.00 level the LTCUSD pair could eventually move to its second upside target, around the $102.00 level. The LTCUSD pair is only bullish while trading above the $65.00 level, key resistance is found at the $80.00 and $102.00 levels. If the LTCUSD pair trades below the $65.00 level, key support is found at the $60.00 and $55.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $80.00 increasingly likelyLitecoin is started to grind higher as positive trading sentiment starts to spread through the entire cryptocurrency market space. The LTCUSD pair is increasingly likely to test towards the $80.00 level, although $92.00 is possible if Bitcoin continues to break higher. Overall, Litecoin bulls are showing positive signs that they intend to push the cryptocurrency higher, although they must breach the August high. The LTCUSD pair is only bullish while trading above the $65.00 level, key resistance is found at the $80.00 and $92.00 levels. If the LTCUSD pair trades below the $65.00 level, key support is found at the $60.00 and $55.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD now oversold Litecoin is still under bearish pressure in early Friday trade after the fifth-largest cryptocurrency looks set to close the month of August heavily in the red. The LTCUSD pair is approaching its bearish target, while the RSI indicator is now oversold on the daily time frame. Overall, the LTCUSD pair is likely to become an attractive short-term buy if the cryptocurrency starts to find a meaningful price floor. The LTCUSD pair is only bullish while trading above the $80.00 level, key resistance is found at the $92.00 and $100.00 levels. If the LTCUSD pair trades below the $70.00 level, key support is found at the $65.00 and $55.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD $55.00 targetLitecoin is still under fairly severe downside pressure on Wednesday as the broader cryptocurrency market fails to attract a sustained bid. The bearish head and shoulders pattern on the four-hour time frame still suggests that the LTCUSD pair could fall to the $55.00 level. Overall, a break under the $70.00 level still remains the trigger for more short-term Litecoin selling. The LTCUSD pair is only bullish while trading above the $100.00 level, key resistance is found at the $110.00 and $120.00 levels. If the LTCUSD pair trades below the $70.00 level, key support is found at the $65.00 and $55.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD still technically weakLitecoin is testing lower in early Wednesday trade after the fifth-largest cryptocurrency was heavily rejected from the $80.00 resistance level. A sustained break of the $70.00 support level is likely to see the LTCUSD pair to fall towards the $60.00 level. Overall, despite being oversold the LTCUSD pair has yet to attract buying interest, which points to a possible deeper decline. The LTCUSD pair is only bullish while trading above the $100.00 level, key resistance is found at the $110.00 and $120.00 levels. If the LTCUSD pair trades below the $70.00 level, key support is found at the $65.00 and $60.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD bears masih bertanggung jawabLitecoin tetap berada di bawah tekanan penurunan pada hari Senin begitu mata uang kripto populer ini gagal menarik minat pembelian yang berarti. Secara umum, sebuah terobosan di bawah level $82.00 kemungkinan akan memicu pergerakan bearish lebih jauh menuju setidaknya level $70.00. Hanya sebuah pergerakan berkelanjutan di atas tingkat ketahanan $130.00 yang mampu mengamankan tinjauan mingguan menyeluruh dari mata uang kripto terbesar kelima ini. Pasangan LTCUSD hanya bullish ketika diperdagangkan di atas level $130.00, kunci ketahanan berada pada level $140.00 dan $165.00. Jika pasangan LTCUSD diperdagangkan di bawah level $82.00, kunci dukungan berada pada level $70.00 dan $65.00.
BITSTAMP:LTCUSD
by OctaFX_Official
LTCUSD bears in chargeLitecoin remains under downside pressure on Monday as the popular cryptocurrency fails to attract any meaningful buying interest. Overall, a breakdown below the $82.00 level is likely to prompt a further bearish move towards at least the $70.00 level. Only a sustained move above the $130.00 resistance level can secure the fifth largest cryptocurrencies overall weekly outlook. The LTCUSD pair is only bullish while trading above the $130.00 level, key resistance is found at the $140.00 and $165.00 levels. If the LTCUSD pair trades below the $82.00 level, key support is found at the $70.00 and $65.00 levels.
BITSTAMP:LTCUSD
by OctaFX_Official