Litecoin price is down by 20.85% on Tuesday's trading session moreover the price is testing the SMA of $170.60, and investors may expect the movement of price towards the support level of $156.55. All technical indicators urge a sell signal in the coin.
Litecoin performed a positive momentum on Tuesday’s trading session
Litecoin price is $166.42, which is up by 10.34% in the last 24-hour time-frame and 25.10% up from the previous week
LTC/BTC pair is positive with a gain of 0.72% in Tuesday’s trading session (0.003636)
Litecoin price performed positive momentum on Tuesday’s trading session
Litecoin price is at $140.75, which is up by 5.34% in last the 24 hours and 5.15% up from the previous week
LTC/BTC pair also performs positive with a gain of 4.52% in Tuesday’s trading session (0.004117)
Litecoin (LTC) price is trading on the bearish note on the monthly chart; however, it holds above significant moving averages of 100 and 200-Day. Meanwhile, LTC is trading below 20 and 50-DMA, indicating bearish momentum in the short term. Support on the downside is placed at $110 and $90; meanwhile, the resistance on a higher level is $155 and $186. This $185...
Litecoin price performed with positive momentum on Thursday’s trading session
Litecoin price is currently at $128.84, which is up by 2.20% in last the 24 hours and 4.85% down from the previous week
LTC/BTC pair also performs positive with a gain of 1.93% in Thursday’s trading session (0.004112)
Litecoin price is down by 6.04% on Friday's trading session. The price is below 20 and 50 days EMA, and it can move towards the support level of $118.94. One can further expect a short term recovery in the coin for a while, and then it can be bearish in the upcoming trading session.
Litecoin price is down by 5.62% on Thursday's trading session. The Price can soon slip down from the support level of $141.66. If it sustains below the support, one can further expect a continued bearish trend till the next support of $122.25.
Support: $141.66, $122.25
The technical chart highlights the significant retracement faced by Litecoin price levels forcing it to test the baseline of the retracement table. The levels did have a positive bounceback but currently facing resistance at 0.5fib level. A positive breakout in the form of candle closing above the resistance line can be a confirmed bullish indication for the...