Litecoin Price Prediction: LTC Recovery at Clear Risk on Two Factors
2023年5月10日 - 1:15PM
NEWSBTC
Litecoin price is attempting a recovery wave from $75 against the
US Dollar. LTC could struggle to clear $82 or $85 and might start
another decline. Litecoin is slowly moving higher and correcting
toward $82 against the US Dollar. The price is now trading above
$85 and the 100 simple moving average (4 hours). There was a break
below a key rising channel with support near $86 on the 4-hour
chart of the LTC/USD pair (data feed from Kraken). The price could
face a strong resistance near $82 and $85 levels. Litecoin Price
Remains In Downtrend This past week, Litecoin’s price struggled
near the $90 resistance against the US Dollar. LTC price started a
fresh decline and traded below the $85 support, similar to Bitcoin
and Ethereum. Besides, there was a break below a key rising channel
with support near $86 on the 4-hour chart of the LTC/USD pair. The
pair traded below the $80 support level. A low is formed near
$75.26 and the price is now attempting a recovery wave. LTC is now
trading above $85 and the 100 simple moving average (4 hours). The
price managed to climb above the 23.6% Fib retracement level of the
downward move from the $89.13 swing high to the $75.26 low. On the
upside, immediate resistance is near the $82 zone. It is close to
the 50% Fib retracement level of the downward move from the $89.13
swing high to the $75.26 low. The next major resistance is near the
$85 level. If there is a clear break above the $85 resistance, the
price could start another strong increase. Source: LTCUSD on
TradingView.com In the stated case, the price is likely to continue
higher toward the $90 and $92 levels. Any more gains might send
LTC’s price toward the $100 resistance zone. Fresh Decline in LTC?
If Litecoin price fails to clear the $82 resistance level, there
could be a fresh decline. Initial support on the downside is near
the $78 level. The next major support is forming near the $75
level, below which there is a risk of a move toward the $72
support. Any further losses may perhaps send the price toward the
$65 support. Technical indicators: 4-hour MACD – The MACD is now
gaining pace in the bullish zone. 4-hour RSI (Relative Strength
Index) – The RSI for LTC/USD is below the 50 level. Major Support
Levels – $78.00 followed by $75.00. Major Resistance Levels –
$82.00 and $85.00.
Litecoin (COIN:LTCUSD)
過去 株価チャート
から 3 2024 まで 4 2024
Litecoin (COIN:LTCUSD)
過去 株価チャート
から 4 2023 まで 4 2024