• Latest
Litecoin Approaching Breakout, Why LTC Could Rally If It Breaks $150

Litecoin Approaching Breakout, Why LTC Could Rally If It Breaks $150

January 12, 2021
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Bitcoin

Litecoin Approaching Breakout, Why LTC Could Rally If It Breaks $150

coinnewsdaily by coinnewsdaily
January 12, 2021
in Bitcoin
0
Litecoin Approaching Breakout, Why LTC Could Rally If It Breaks $150
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022


Litecoin cost declined seriously under $150, but it located assist in close proximity to $115 towards the US Greenback. LTC is at this time mounting, but it is probably to experience a sturdy resistance in close proximity to $150.

  • Litecoin began a solid drop underneath the $165 and $150 aid levels from the US Dollar.
  • The value is growing from the $115 zone and it is screening the 100 easy relocating typical (4-several hours).
  • Previously, there was a break below a essential ascending channel with guidance at $165 on the 4-hrs chart of the LTC/USD pair (data feed from Kraken).
  • The price tag will have to crystal clear the $150 resistance to transfer again into a positive zone.

Litecoin Price Recovers over $140

Not long ago, we saw a sharp decline in bitcoin, Ethereum, ripple and litecoin from the US Dollar. LTC price fashioned a small-phrase leading near the $185 right before starting up the fall. It broke many crucial supports near $165 to transfer into a bearish zone.

There was also a split underneath a key ascending channel with support at $165 on the 4-several hours chart of the LTC/USD pair. Litecoin selling price even broke the $150 support and the 100 basic moving normal (4-hrs).

There was a spike below the $125 support just before the bulls showed close to $115. A low is shaped around the $113 amount and the price is at this time increasing. There was a split previously mentioned the $125 and $130 degrees. The price recovered earlier mentioned the 23.6% Fib retracement level of the downward move from the $186 superior to $113 very low.

Litecoin

Resource: LTCUSD on TradingView.com

It is now approaching the $150 resistance level and the 100 uncomplicated transferring normal (4-several hours). The 50% Fib retracement level of the downward shift from the $186 substantial to $113 small is also in the vicinity of $150 to act as a resistance.

If there is a obvious break over the $150 resistance, the rate could commence a sturdy boost. In the said scenario, the price is very likely to continue increased in direction of the $165 and $170 ranges.

New Dip in LTC?

If Litecoin price tag fails to very clear the $150 resistance degree, there could be yet another pullback. An initial assistance on the downside is in the vicinity of the $135 level.

The to start with major aid is forming around the $132 amount. Any even further losses may maybe mail the price in direction of the $124 assist in the coming periods.

Technological indicators:

4-hours MACD – The MACD is little by little relocating into the bullish zone.

4-hrs RSI (Relative Strength Index) – The RSI for LTC/USD is currently correcting increased in direction of 50.

Big Aid Degrees – $135 followed by $124.

Major Resistance Levels – $150 and $165.

Tags: CryptocurrenciesLitecoinLitecoin/US Dollar FX Spot Rate, FX Spot Rate, COMPOSITE DISPLAYUnited StatesUS Dollar
Share76Tweet47
Previous Post

Bitcoin Holds Powerful Previously mentioned $30K, Why BTC Could Struggle Close to $36K

Next Post

Bitcoin Just Recovered to $35,000 Immediately after Yesterday’s 25% Crash

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building
Bitcoin

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
btc and eth will break all time highs in 2022 — celsius ceo
Bitcoin

BTC and ETH will break all-time highs in 2022 — Celsius CEO

April 21, 2022
price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot
Alt Coin

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
Bitcoin

Play-to-Earn Bitcoin Games: How Lightning Network Enables Gamers to Earn Sats

April 20, 2022
Load More
Next Post
This European Crypto Exchange Was Just Hacked for $5 Million

Bitcoin Just Recovered to $35,000 Immediately after Yesterday's 25% Crash

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,015.00-0.58%
  • ethereumEthereum(ETH)$1,575.74-1.15%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$305.93-0.43%
  • rippleXRP(XRP)$0.410172-0.11%
  • cardanoCardano(ADA)$0.3836090.41%
  • dogecoinDogecoin(DOGE)$0.0884251.83%
  • matic-networkPolygon(MATIC)$1.14-3.25%
  • okbOKB(OKB)$38.756.88%
  • solanaSolana(SOL)$24.07-1.21%
  • polkadotPolkadot(DOT)$6.40-1.09%
  • shiba-inuShiba Inu(SHIB)$0.0000121.31%
  • litecoinLitecoin(LTC)$88.00-0.27%
  • tronTRON(TRX)$0.063282-0.39%
  • daiDai(DAI)$1.00-0.18%
  • cosmosCosmos Hub(ATOM)$13.271.01%
  • chainlinkChainlink(LINK)$7.22-1.22%
  • leo-tokenLEO Token(LEO)$3.75-2.37%
  • moneroMonero(XMR)$182.883.18%
  • ethereum-classicEthereum Classic(ETC)$21.72-0.82%
  • bitcoin-cashBitcoin Cash(BCH)$133.04-1.91%
  • stellarStellar(XLM)$0.092529-0.24%
  • crypto-com-chainCronos(CRO)$0.080863-0.37%
  • filecoinFilecoin(FIL)$5.28-1.83%
  • algorandAlgorand(ALGO)$0.2559350.58%
  • vechainVeChain(VET)$0.023998-2.12%
  • internet-computerInternet Computer(ICP)$5.92-3.96%
  • aaveAave(AAVE)$84.15-4.11%
  • eosEOS(EOS)$1.09-1.95%
  • elrond-erd-2MultiversX(EGLD)$44.51-0.54%
  • theta-tokenTheta Network(THETA)$1.09-2.91%
  • tezosTezos(XTZ)$1.10-1.66%
  • paxos-standardPax Dollar(USDP)$1.00-0.04%
  • bitcoin-cash-svBitcoin SV(BSV)$43.51-2.00%
  • huobi-tokenHuobi(HT)$5.100.87%
  • havvenSynthetix Network(SNX)$2.45-3.07%
  • pancakeswap-tokenPancakeSwap(CAKE)$3.99-0.52%
  • iotaIOTA(MIOTA)$0.236192-2.78%
  • makerMaker(MKR)$658.95-0.31%
  • zcashZcash(ZEC)$45.31-2.11%
  • neoNEO(NEO)$8.19-0.93%
  • dashDash(DASH)$50.57-1.45%
  • zilliqaZilliqa(ZIL)$0.0296482.37%
  • basic-attention-tokenBasic Attention(BAT)$0.259620-1.97%
  • compound-governance-tokenCompound(COMP)$56.06-3.10%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • nemNEM(XEM)$0.038633-3.39%
  • kusamaKusama(KSM)$36.360.45%
  • bitcoin-goldBitcoin Gold(BTG)$17.12-1.52%
  • wavesWaves(WAVES)$2.77-0.15%
  • qtumQtum(QTUM)$2.62-3.17%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • golemGolem(GLM)$0.2495070.94%
  • sushiSushi(SUSHI)$1.30-3.94%
  • yearn-financeyearn.finance(YFI)$7,612.56-0.22%
  • omisegoOMG Network(OMG)$1.48-0.90%
  • ontologyOntology(ONT)$0.213903-2.48%
  • digibyteDigiByte(DGB)$0.010672-3.67%
  • umaUMA(UMA)$2.04-0.94%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%