Blockchain Consultants

Blockchain Transformations Done Here

LTC/USD

Litecoin Price Prediction: LTC/USD Faces $250 Resistance as Bulls Hold Around $235 Zone

by

LTC Price Prediction – April 10

The Litecoin price escalates but a break above $240 is expected to pull the coin towards $250 in the coming trading sessions.

LTC/USD Market

Key Levels:

Resistance levels: $250, $260, $270

Support levels: $200, $190, $180

LTCUSD – Daily Chart

LTC/USD is seen trading around the resistance level of $230 after touching the daily high of $235.37 in the early hours of today. This is a move that could easily pave the way for gains above $240 and towards $250. Therefore, if the technical indicator RSI (14) keeps moving above the 60-level, the market may show that the bullish grip is getting stronger.

Where is LTC Price Going Next?

The Litecoin (LTC) is currently holding the ground at above the 9-day and 21-day moving averages after a major recovery from $219.02. This shows that buyers still have the upper hand in the price movement and they could easily push the coin towards the potential resistance of $250, $260, and $270. In the other words, if the buying action fails to break above $240, then LTC/USD could instead settle for consolidation.

However, any breakout above the upper boundary of the channel is still having an impact on the price. Furthermore, it is about time that buyers increase their confidence in the recovery because $240 is still achievable. Therefore, if the bears push the coin below the moving averages, the support levels of $200, $190, and $180 may be touched.

Against Bitcoin, LTC remains above the 9-day and 21-day moving averages in other to retest the resistance level of 4000 SAT. Unless this resistance is effectively exceeded and the price eventually closes above it, there might not be any reason to expect the long-term bullish reversal.

LTCBTC – Daily Chart

Moreover, trading below the moving averages could recall the lows and a possible bearish continuation may likely meet the major support at 3500 SAT before falling to 3400 SAT and below while the buyers may need to push the market to the potential resistances at 4200 SAT and above as the technical indicator RSI (14) is likely to cross above 60-level to give more bullish signals.

Litecoin Price Prediction: LTC/USD Faces $250 Resistance as Bulls Hold Around $235 Zone

Source

Litecoin Price Prediction: LTC/USD Settles Above $235; Price Shoots by 6.29% Within 24 Hours

by

LTC Price Prediction – April 6

LTC/USD receives a pat at the back with a gain of 6.29% in the last 24 hours.

LTC/USD Market

Key Levels:

Resistance levels: $250, $260, $270

Support levels: $200, $190, $180

LTCUSD – Daily Chart

LTC/USD moves to test the support of $213 after the market opens in the early hours of today.  The Litecoin (LTC) is seen trying to cross above the upper boundary of the channel. Moreover, at the time of writing, the coin is posting gains of over 6.29% in the last 24 hours at a price of $235.36 while the signal line of RSI (14) focuses on the positive side.

What to Expect from Litecoin

According to the daily chart, the market is currently displaying a sign of subduing volatility with price ready to cross above the channel. However, taking a look at the daily chart, we can see that the trading volume is rising. Nevertheless, if the LTC/USD pair decides to stay under the control of the bulls, the price may roll to the nearest resistance at $250, $260, and $270 levels.

On the downside, the 9-day moving average is seen crossing above the 21-day moving average and any bearish movement below the moving averages may bring the market price to the support levels of $200, $190, and $180 respectively.

Against Bitcoin, the Litecoin price is now seen following the uptrend within the descending channel, especially since a few days ago. The coin is making an attempt to cross above the upper boundary of the channel and continued to rise through subsequent resistance level to 4100 SAT. The potential resistance level is located at the 4300 SAT and below.

LTCBTC – Daly Chart

However, if the bears manage to re-enter the market, traders may likely find the critical support level at 3400 SAT and below. Meanwhile, the Litecoin (LTC) is currently changing hands at 4031 SAT but another surge in volatility may occur as the RSI (14) moves into the overbought conditions suggesting more bullish signals in the nearest term.

Litecoin Price Prediction: LTC/USD Settles Above $235; Price Shoots by 6.29% Within 24 Hours

Source

Litecoin Price Prediction: LTC/USD Takes Price Above $215 Level With 1.18% Gain

by

LTC Price Prediction – April 3

The price of Litecoin is currently changing hands at $214 as the coin prepares to move higher.

LTC/USD Market

Key Levels:

Resistance levels: $235, $245, $255

Support levels: $190, $180, $170

LTCUSD – Daily Chart

LTC/USD is now moving above the 9-day and 21-day moving averages where the coin is making an attempt to cross above the upper boundary channel. A climb above the previous resistance level at $220 could allow the bulls to maintain and move the price to the higher highs. Meanwhile, the current price setups reveal that bears may come to play if the 9-day MA refused to cross above the 21-day MA.

What to Expect from Litecoin

As stated above, LTC/USD is maintaining the uptrend as the coin moves toward the resistance of $220. An increase above this initial resistance could trigger intense buying to $235, $245, and $255 resistance levels. Looking at the downside, the Litecoin price may likely hold a support level at $209 which is the current daily low.

Meanwhile, the next support after this is located at $190 where it may even dip to $180 and $170 supports if the selling volume comes to play. Nevertheless, the technical indicator RSI (14) reveals that the market may continue to follow the bullish movement if the signal line crosses above the 70-level.

When compares with Bitcoin, Litecoin price is making an attempt to cross the upper boundary of the channel in other to reach the resistance at 3800 SAT. Unless this resistance is effectively exceeded and the price ends up closing above it, there might not be any reason to expect the long-term bullish reversal.

LTCBTC – Daily Chart

However, trading below the moving averages could refresh lows under 3400 SAT and a possible bearish continuation may likely meet the major support at 3300 SAT and below while the buyers may push the coin to the potential resistance at 3900 SAT and above. More so, the technical indicator RSI (14) moves toward the 60-level to give more bullish signals.

Litecoin Price Prediction: LTC/USD Takes Price Above $215 Level With 1.18% Gain

Source

Litecoin Price Prediction: LTC/USD Rise Steadily, Price Spikes above $200 Resistance

by

LTC Price Prediction – April 4

The Litecoin price may likely settle above the 9-day and 21-day moving averages as the RSI (14) moves toward 60-level.

LTC/USD Market

Key Levels:

Resistance levels: $225, $235, $245

Support levels: $175, $165, $155

LTCUSD – Daily Chart

LTC/USD is currently trading above the 9-day and 21-day moving averages within the channel. However, the cryptocurrency has been following an uptrend for the past few days, and should the buyers keep it above the moving averages, the coin might remain at the upside. Today, an early trading session touches the $204.89 level before rebounding to where it is trading currently at $204.29.

What is the Next Direction for Litecoin?

The Litecoin price remains firm above the moving averages and if the resistance of $205 gives way, the bull-run may come to focus. At the moment, the bullish scenario seems more dominant as buyers continue to post firm commitments into the market. For the past few days, we could see a sharp rise in the market price. Moreover, if the coin stays above the $200 resistance level, this could further strengthen the market to $225, $235, and $240 resistance levels.

On the downside, a lower possible swing may likely retest the previous support below the moving averages. However, if the bears manage to fuel the market, traders may expect a further drop to $175, $165, and $155 support levels. On the other hand, the technical indicator RSI (14) is now moving towards 60-level, indicating that the market may retain the bullish trend.

Comparing with Bitcoin, the Litecoin price crosses above the moving averages in other to reach the resistance level of 3455 SAT. More so, this resistance level is expected to effectively exceed so that the market price may end up closing above it, there might not be any reason to expect the long-term bullish reversal.

LTCBTC – Daily Chart

On the other hand, if the price trades below the lower boundary of the channel, it could refresh lows under 3300 SAT and a possible bearish continuation may likely meet the major support at 3200 SAT before falling to 3100 SAT and below while the buyers may push the coin to the potential resistance at 3800 SAT and above. To support the bullish movement, the technical indicator RSI (14) is moving toward the north to give more bullish signals.

Litecoin Price Prediction: LTC/USD Rise Steadily, Price Spikes above $200 Resistance

Source

Litecoin Price Prediction: LTC/USD Bracing for Higher Level as Price Targets $220 Resistance

by

LTC Price Prediction – March 20

LTC/USD manages to maintain its position, while the bulls maintain the desire to defend the support at $200.

LTC/USD Market

Key Levels:

Resistance levels: $230, $240, $250

Support levels: $175, $165, $155

LTCUSD – Daily Chart

After being locked within the 9-day and 21-day moving averages, LTC/USD is undergoing a much-needed break to the positive side. The coin is posting gains of over 2.3% in the last 24 hours, with the coin trading above the 21-day moving average and at a price of $204.56 at the time of writing.

Where is LTC Price Going Next?

LTC/USD resumes back in the middle of consolidation after a slight drop from near the $205 yesterday. The price is now roaming around the $204 level. Meanwhile, if the market continues the upward movement, the $220 resistance level is likely to surface in the next few positive moves. More so, LTC/USD pair might further look for higher price levels if the bulls continue to show commitment.

However, the market is currently displaying a sign of subduing volatility with choppy price action. Taking a look at the daily chart, we can see the trading volume is rising slowly. On the other hand, if LTC/USD pair decides to stay under the control of bears, the price may likely roll back to the previous supports at $175, $165, and $155. But as the RSI (14) indicator moves above 50-level, the next resistance levels could be located at $230, $240, and $250 respectively.

Against Bitcoin, LTC continues to experience some difficulties, as the coin recently exploded under the 9-day and 21-day moving averages, as it continues to fall towards the nearest support level of 3500 SAT. Meanwhile, the critical support level is located below the lower boundary of the channel at 3000 SAT and below.

LTCBTC – Daily Chart

However, any attempt by the bulls to re-power the market, the coin may likely cross the moving averages and may find the resistance level at 3800 SAT and above. Meanwhile, the price of Litecoin is currently changing hands to 3455 SAT and a spike in volatility could occur as the RSI (14) is seen moving around 40-level.

Litecoin Price Prediction: LTC/USD Bracing for Higher Level as Price Targets $220 Resistance

Source

Litecoin Price Prediction: LTC/USD reverses firmly against its uptrend

by

LTC Price Prediction – February 28
The market operations of LTC/USD have visibly been in a big price depression as the market now trades around a low point of $160 from a high-level of $240.

LTC/USD Market
Key Levels:
Resistance levels: $200, $240, $280
Support levels: $120, $110, $100

LTC/USD – Daily Chart
The 14-day SMA trend-line has breached southward from the top as price eyes the 50-day SMA trading indicator towards the south. The bigger SMA is around the $140 mark below the current trading zone of the crypto-market. The two SMA indicators are seemingly pointing towards the east direction. The Stochastic Oscillators have positioned in the oversold region to consolidate within it. That signifies that the depression move in price is getting weak gradually. The Stochastic Oscillators have moved into the oversold region to seemingly begin a consolidation move within it. That indicates that an indecision sentiment may play out soon in this crypto-trade.

Will LTC/USD market extends into a full-fledged bearish trend?
The present trading point of LTC/USD operations has reached one of a pivotal zone that bulls may in no time start mustering up the energy to make a rebound. However, price still slightly holds strong against the market-valuation of the crypto as of the time of writing. As a result of that, bulls have to consider rejoining the crypto-economy while a spike emerges around that zone for a clearer picture to stage an entry.

On the flip side, the LTC/USD bears have to intensify their efforts in the present trading zone to not give a chance to a sudden bullish candlestick around the level of $140. A breakdown of the said price level will possibly see the market level trade between the support lines of $120 and $110 at a subsequent trading session.

LTC/BTC Price Analysis
Taking a look at the market valuation between LTC and BTC, it has been recorded over a couple of trading days’ sessions that the base-crypto has been under pressure as paired with the counter-crypto. Currently, the base-line, where the base-crypto is usually expected to strike back has only seen a convergence of trading candlesticks slightly below the line. The 14-day SMA is bent briefly above price underneath the 50-day SMA indicator. That showcases that falling pressures are still ongoing. However, a rally of price is expected to take sooner than later.

Litecoin Price Prediction: LTC/USD reverses firmly against its uptrend

Source