Saturday, July 2, 2022
CryptoExBulletin
No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Videos
CRYPTOXBULLETIN
No Result
View All Result
Home Litecoin

Litecoin price needs to climb above this vital resistance level to reach $93

by CryptoExBulletin
in Litecoin
0
Litecoin price is being driven by whales that may push LTC towards $300
9
SHARES
234
VIEWS
Share on FacebookShare on Twitter


  • Litecoin worth is at the moment buying and selling in a short-term uptrend however faces one final resistance stage.
  • On-chain metrics are in favor of Litecoin and counsel the digital asset is poised for a breakout.

Litecoin is up by 17% for the reason that final native backside at $69 established on December 11. The digital asset has established a short-term uptrend and solely must crack one final resistance stage at $84 to goal for $100.

Litecoin worth goals for $93 as bullish momentum will increase

On the 4-hour chart, Litecoin has fashioned an uptrend after establishing a number of increased lows and better highs. Moreover, bulls have conquered the 50-SMA and 100-SMA ranges as assist,

ltc price

LTC/USD 4-hour chart

The following hurdle in the best way of bulls is the resistance stage at $84 which has been examined a number of instances prior to now. A breakout above this level would rapidly push Litecoin worth in the direction of $93 with the potential to goal for $100.

ltc price

LTC IOMAP chart 

The In/Out of the Cash Round Value (IOMAP) chart reveals nearly no resistance on the best way up with probably the most important stage at $84 which supplies credence to the bullish outlook above. Then again, the IOMAP does point out Litecoin has a number of assist on the best way down from $80. 

Nonetheless, the shortcoming from the bulls to carry the 50-SMA assist stage might rapidly drive Litecoin price to at the least the 100-SMA at $78 and as little as $70 within the long-term if promoting strain continues mounting after the preliminary breakdown.



Source link

Tags: climbLevelLitecoinPriceReachResistancevital

Recent News

Crypto Market Loses $60 Billion As Bitcoin Dips Below $20,000

Crypto Market Loses $60 Billion As Bitcoin Dips Below $20,000

XRP Holding Better Than Most Altcoins, Here’s Why

XRP Holding Better Than Most Altcoins, Here’s Why

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Ripple
  • Uncategorized
  • Videos

Follow Us

Contact Us

  • Contact Us
  • Privacy & Policy
  • Advertise With Us

© 2020 Crypto x Bulletin

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Videos

© 2020 Crypto x Bulletin