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- Litecoin is up 3.57% immediately towards the US Greenback
- Litecoin is at the moment buying and selling 12.18% above our prediction on Jun 26, 2022
- Litecoin dropped -23.28% within the final month and is down -60.55% since 1 12 months in the past
| Litecoin value | $ 54.26 |
| Litecoin prediction | $ 48.37 (-10.85%) |
| Sentiment | Bearish |
| Concern & Greed index | 9 (Excessive Concern) |
| Key help ranges | $ 51.55, $ 50.07, $ 48.68 |
| Key resistance ranges | $ 54.41, $ 55.79, $ 57.27 |
LTC value is anticipated to drop by -10.85% within the subsequent 5 days in accordance with our Litecoin value prediction
is buying and selling at $ 54.26 after gaining 3.57% within the final 24 hours. The coin outperformed the cryptocurrency market, as the entire crypto market cap elevated by 3.43% in the identical time interval. LTC carried out poorly against BTC today and recorded a -0.12% loss towards the world’s largest cryptocurrency.
In accordance with our Litecoin price prediction, LTC is anticipated to succeed in a value of $ 48.37 by Jun 26, 2022. This might signify a -10.85% value lower for LTC within the subsequent 5 days.
LTC Value Prediction Chart
What has been occurring with Litecoin within the final 30 days
Litecoin has been displaying a destructive pattern just lately, because the coin misplaced -23.28% within the final 30-days. The medium-term pattern for Litecoin has been bearish, with LTC dropping by -53.56% within the final 3 months. The long-term image for Litecoin has been destructive, as LTC is at the moment displaying a -60.55% 1-year value change. On this present day final 12 months, LTC was buying and selling at $ 137.55.
Litecoin reached its all-time excessive value on Might 10, 2021, when the worth of LTC peaked at $ 410.76. The present LTC cycle excessive is $ 55.89, whereas the cycle low is at $ 40.47. LTC has been displaying excessive volatility just lately – the 1-month volatility of the coin is at 14.60. Litecoin recorded 13 inexperienced days within the final 30 days.
Litecoin technical evaluation for immediately – Jun 21, 2022
The sentiment within the Litecoin markets is at the moment Bearish, and the Concern & Greed index is studying Excessive Concern. Crucial help ranges to observe are $ 51.55, $ 50.07 and $ 48.68, whereas $ 54.41, $ 55.79 and $ 57.27 are the important thing resistance ranges.
Bearish sentiment for Litecoin
13 indicators are at the moment signaling a bullish prediction for Litecoin, whereas 17 indicators are displaying a bearish forecast. With 57% of indicators favoring a destructive prediction. This leads to an total Bearish sentiment for Litecoin.
Crypto market is at the moment experiencing Excessive Concern
At present, the Concern & Greed index is at 9 (Excessive Concern), which alerts that traders have a destructive outlook in the marketplace. The Concern & Greed index is a measure of sentiment amongst cryptocurrency traders. A “Greed” studying means that traders are at the moment optimistic concerning the cryptocurrency market, however may also be a sign that the market is overvalued. A “Concern” studying, then again, alerts that traders are at the moment hesitant concerning the cryptocurrency market, which doubtlessly represents a shopping for alternative.
Litecoin shifting averages & oscillators
Let’s check out what among the most essential technical indicators are signaling. We’ll be going by way of key shifting averages and oscillators that may permit us to get a greater concept of how Litecoin is positioned available in the market proper now.
| Interval | Each day Easy | Each day Exponential | Weekly Easy | Weekly Exponential |
| MA3 | $ 51.53 (BUY) | $ 53.02 (BUY) | – | – |
| MA5 | $ 49.35 (BUY) | $ 51.89 (BUY) | – | – |
| MA10 | $ 48.62 (BUY) | $ 50.83 (BUY) | – | – |
| MA21 | $ 56.12 (SELL) | $ 54.59 (SELL) | $ 96.37 (SELL) | $ 90.99 (SELL) |
| MA50 | $ 67.60 (SELL) | $ 66.76 (SELL) | $ 138.67 (SELL) | $ 121.25 (SELL) |
| MA100 | $ 90.49 (SELL) | $ 83.65 (SELL) | $ 137.25 (SELL) | $ 125.06 (SELL) |
| MA200 | $ 110.76 (SELL) | $ 106.89 (SELL) | $ 98.37 (SELL) | $ 108.72 (SELL) |
| Interval | Worth | Motion |
| RSI (14) | 43.84 | NEUTRAL |
| Stoch RSI (14) | 83.63 | SELL |
| Stochastic Quick (14) | 50.63 | NEUTRAL |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Common Directional Index (14) | 43.09 | BUY |
| Superior Oscillator (5, 34) | -12.01 | NEUTRAL |
| Momentum (10) | -3.73 | NEUTRAL |
| MACD (12, 26) | 0.71 | NEUTRAL |
| Williams P.c Vary (14) | -49.37 | NEUTRAL |
| Final Oscillator (7, 14, 28) | 65.42 | NEUTRAL |
| VWMA (10) | 48.88 | BUY |
| Hull Shifting Common (9) | 51.03 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 55.24 | NEUTRAL |
The Relative Energy Index (RSI 14) is a broadly used indicator that helps inform traders whether or not an asset is at the moment overbought or oversold. The RSI 14 for Litecoin is at 43.84, suggesting that LTC is at the moment impartial.
The 50-day Easy Shifting Common (SMA 50) takes into consideration the closing value of Litecoin during the last 50 days. At present, Litecoin is buying and selling above the SMA 50 trendline, which is a bullish sign.
In the meantime, the 200-day Easy Shifting Common (SMA 200) is a long-term trendline that’s calculated by taking a mean of the LTC closing value for the final 200 days. LTC is now buying and selling above the SMA 200, signaling that the market is at the moment bullish.
The underside line about this Litecoin prediction
After contemplating the above components, we are able to conclude that the present forecast for Litecoin value prediction is Bearish. LTC must lower by -10.85% to hit our $ 48.37 goal inside the subsequent 5 days. Shifting ahead, will probably be essential to watch the LTC market sentiment, the important thing help and resistance ranges, and different metrics. Nevertheless, we have now to remember that the cryptocurrency markets are unpredictable, and even the most important crypto belongings show a whole lot of value volatility. For long-term Litecoin value predictions click on here.
Disclaimer: This isn’t funding recommendation. The data offered is for common functions solely. No data, supplies, providers and different content material offered on this web page represent a solicitation, advice, endorsement, or any monetary, funding, or different recommendation. Search unbiased skilled session within the type of authorized, monetary, and financial recommendation earlier than making any funding choice.
