LONG LTCAfter consolidation, LTC about to give breakout. Buy LTC 84.4$, t1 88, t2 91, t3 99, t4 110, Strict SL 78.2. Keep booking profits and revising SL's. Longby crypto360advice2
trading volume rises and the LTC chart risesAccording to the chart’s layout, Litecoin hasn’t been significantly impacted by the recent bull run in the cryptocurrency market. It has exhibited a gradual but consistent growth till now. In February last week, the LTC price achieved slight bullish momentum, but bulls were not too strong to keep the pace up. In the past few weeks, the sellers have been attempting to push the price below the 200-day exponential moving average. However, buyers have managed to defend the 200-day EMA so far. Based on the technical indicators, the MACD has continuously developed small histograms over the last few days. Signal line and MACD lines appear to be gaining buying momentum. RSI is 51.01, which has just surpassed the 14-SMA from below and seems headed toward the overbought zone. Can Litecoin Claim $100 Mark? Let’s Decode On Daily Chart At the press time, the Litecoin price traded at $83.24, which is up by 1.01% in the past 24 hours. The market capitalization is $6.21 Billion, and the 24-hour trading volume is $271.14 Million. Litecoin's price has been on an upward trend, increasing while finding support on the trendline and key moving averages. For the last few days, the Litecoin crypto price has been facing hurdles from the dynamic 20-day EMA, but recently it has jumped over it with a weekly performance showing 2.36%. If the trading volume rises and the LTC chart setup appeals to potential investors, the Litecoin asset price could experience bullish momentum and could aim for the $100 obstacle in the future. Moreover, buyers may start accumulating if the Litecoin price reaches and holds above the previous swing high of the $88.50 price mark, it could spike above. In a scenario, if the price triggers a breakout from this hurdle at $88.50, then buying momentum for the long term can be expected to test the supply level. Likewise, once the supply happens to be breached, the doors would open for more upward momentum. However, should the LTC cryptocurrency price fall below the trendline or the previous swing low at $78, there could be a short-term increase in selling pressure. Meanwhile, if buyers fail to defend the $60 resistance, then selling pressure for the long term can be observed. Longby Sam_TCR1
Litecoin Bottoms Out From Monthly Lows: Bullish Trend on the Hor Litecoin Price bottomed out after retracing multi month low value and reclaimed $80 level. The increased active addresses and OI data validates the possibility of further growth. Litecoin encountered a strong support near the multi month low value and jumped higher after retracing the level of $77. The bulls have reclaimed the $80 level however, further gains need the attention of large players. Let's look into a detailed way including the recent activities performed on the on chain by the large players and try to understand the further path of the LTC crypto. Active Address Revisists Two Month High! According to information from the well-known financial website app.sentiment.net, there has been a notable increase in active addresses, reaching a peak not seen in two months. This surge in active addresses is a favorable sign, suggesting a rise in user engagement. It could also signal a positive shift for the cryptocurrency, potentially marking the conclusion of its recent corrective trend. A positive shift in active addresses typically correlates with bullish momentum in the cryptocurrency's price. This metric reflects the volume of transactions occurring within a specific timeframe. OI Data And Total Supply In Profit Suggest More Room For Growth! While Litecoin's price remains in an uncertain range, the significant increase in Open Interest (OI) data underscores the market's bullish sentiment. The value of open contracts has soared by nearly 50%, climbing from $350 million to $440 million within a week, indicating a broader market recovery, with Litecoin poised for an early rebound. It's noteworthy that 55.6% of Litecoin's total supply is currently profitable, and this figure has been rising steadily. A smaller percentage of total supply in profit typically implies potential for further price appreciation. Generally, a cryptocurrency is considered to have reached its peak when the total supply in profit exceeds 90%. The market analysis indicates that Litecoin's value is stabilizing at a robust support level, which has been consistent over several months. The scenario is poised for substantial investors to initiate long positions. For short-term traders, the $90 and $100 levels could serve as targets for realizing profits. Conclusion. Litecoin (LTC) crypto encountered a strong support near a multi-month low and rebounded after plummeting below the $80 level. Furthermore, an increment in active addresses and a 50% surge in Open Interest to $440 million suggest a bullish market sentiment and a potential termination of a correction phase. Currently, 55.6% of Litecoin's supply is profitable, hinting at room for growth. Market analysis shows Litecoin stabilizing and attracting significant investor interest, with $90 and $100 as potential profit-taking zones for short-term investors. Overall, Litecoin appears promising for investment if market uncertainties subside. Technical levels: Support levels: $80.07 and $77.27 Resistance levels: $90.37 and $94.27 Longby Ritika_TCR1
The Litecoin price has shown an upsurgeThe Litecoin price has shown an upsurge from the demand zone from $60 and reached the top at $110. The Litecoin asset is showing bullish traits and highlights that it can achieve more growth. It has demonstrated good performance in the past week, month, and three months by 23.84%, 38.54%, and 41.07% respectively, indicating a reliable upward trend. At the time of writing, Litecoin is experiencing a fall of 5.96% in the last 24 hours and is currently trading at $102.67. Therefore, if the demand for the Litecoin price asset increases, it could bounce back from the current level, strongly on the daily chart. The next target for the price is to reach $120, and $130. However, if the Litecoin crypto price fails to stay above the previous swing level at the $95 level, it could decline further and reach lower levels in the process.Longby Sam_TCR2
Litton Ready for $1000 in bull market?#LITECOIN will pump very hard, you bid yet or not? - CRYPTOCAP:LTC - Litecoin Price Projections: Bullish short & long-term outlook based on Past market history. - Price Targets: Short-term: $500 Long-term: $1,000-$1,400 - Accumulated substantial LTC holdings during the recent dip. Ideal risk/reward entry point secured. - Next Steps: Will provide updates on exit strategy specifics as bull market momentum accelerates. Locking in gains at optimal intervals is the priority.Editors' picksLongby CryptoPatel33171
LTC: W Pattern Formation Suggests Potential Bullish Reversal💎 LTC is currently forming a W pattern within a supportive trendline and in a demand area. Historical price actions indicate that after the formation of the W pattern, LTCUSD has experienced significant upward bounces. 💎A breakout above the small resistance level at the top of the W pattern could signal a bullish move. Alternatively, the price may pull back to the demand levels, which could serve as favorable entry zones. 💎However, if the price breaks below both demand zones, it would be considered a bearish scenario for LTCLongby MyCryptoParadise_Nathan4
LTC/USDT Ready for $500?#Litecoin Bull Market $500 Target Short-Term: Brace for some dips! Accumulation Zone: Keep an eye on $30-$50 Long-Term Potential: Target in Next Bull Run: $500-$1000 Critical Levels: Resistance: $117/$376 Support: $50/$35/$25 Support = Entries ( Buy the Dips ) Opinions, not advice. Do your research! Share & Follow for more crypto GEM Analysis.Longby CryptoPatel12
Litecoin/LTC Swing Long Setup Litecoin has a huge Imbalance on the left side - A strong base building can be seen in Ltc - My targets would be 90,102,110$ - Risk shouldn't be more than 10% if you enter at current priceLongby VKtradesimbalance13
LTCUSD AnalysisConfirmation for this long trade 1 rejection from support 2 rejection from trendline Longby Forexvisit_TradingUpdated 23
LTC USD upside move possibleLTC USD upside move possible buying above the 71.09 stoploss 62.85 target 1-83.68 target -2-94.03 traget 3-102.29 target 4-111.83Longby tradewithmev12
Ltc USD down side movement possibleLtc USD down side movement possible Selling below the 60.27 Stoploss 65.29 Target 49.90Shortby tradewithmev6
LTC/USDT in a strong Trendline ....👀💎"Attention, Paradisers! LTCUSDT (Litecoin) is currently nestled within a strong trendline, hinting at a potential bullish surge. This robust trendline signifies a steady upward price movement, indicating possible bullish market conditions. For this bullish scenario to hold true, it's crucial for LTCUSDT to maintain its position above the trendline and show resilience against market volatility.Longby MyCryptoParadise_SimonUpdated 31
LTCLong opportunity in LTC on 1 hour timeframe. It retested the trendline successfully and moving towards 102.Longby sakshisingh202
target for LTCAs we can clearly see it is forming a bearish pennet pattern so the target is expected upto 66 downside..............Shortby omkalal4015
LTCUSDPrice make double top and break trend line once pullback complete with bearish price action take short Shortby DayNightTraders3
LITECOIN (LTC) This is based on the Elliott Wave Theory. The current structure can be assumed as a triangle due to internal ABC formations. This suggests that the price would remain bullish from the current levels. Longby sKeshav7
Flag And Pole pattern at LTC. Long LTC for Good Profit.Flag and pole pattern at LTC 2H Frame. Long LTC for good profit. Please like, commend and Follow.Longby mr_sarang71
Litecoin between Resistance & SupportLitecoin Pumps 20% as LTC Halving Fomo Returns with 17 days to Goby vickyrama1979112
LTC usdLite coin is consolidating between triangles pattern and make xabcd pattern which is indicating bullish movementLongby tusharjaglan582610
Litecoin is ready to explode!!!Litecoin gave an excellent breakout. RSI is above 65 in DAILY, WEEKLY AND MONTHLY TIMELINE. by muralikumarUpdated 0
Litecoin is about to cross ATHLitecoin is about to form a W in RSI at Daily chart.. This is very bullish. Bitcoin is also forming a W. and as Bitcoin moves beyond 61k, Litecoin may start moving up.. Longby muralikumarUpdated 220
Is #Litecoin getting ready for a massive move?Litecoin is making it's first green Heikin Ashi candle after 11 red ones on the weekly. Is it getting ready for a move up for the 5th wave? Lemme know what you think in the comments below.Longby CryptoGaga01223