Litecoin 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...
Litecoin 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...
Litecoin 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...
Litecoin 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...
Litecoin 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...
Litecoin 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...
Litecoin 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...
Litecoin 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...
Litecoin 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...
Litecoin 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...
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...
Litecoin 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...
We are going down down in an earlier round and sugar we are going down swinging! Eventually I believe LTCUSD will go sub $20 but maybe sometime early 2020 that will happen. Not really going to much into detail just giving a ruff idea as to where i think this asset is heading. 1) The Circle indicates major resistance. We have a trend line that has been violated...
Litecoin 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...
Litecoin 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...
Litecoin 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...
Litecoin is under pressure on Thursday as the fifth-largest cryptocurrency by market capitalization fails to attract interest above the $100.00 level. If Litecoin slides below the $82.00, the pair could become a strong medium-term buy around the $70.00 level. The four-hour time frame is currently showing a bearish head and shoulders pattern that is continuing to...