Naujausi Litecoin kaina analysis shows a bearish trend for the cryptocurrency as the bears have been at the winning edge for the last 24 hours. Although a strong bullish wave was controlling the price trend in the previous day, today’s trend proved relatively in support of the sellers. The LTC/USD value currently sits at $54.10, and a further decrease in coin value can be expected if the bears remain consistent.
Cryptocurrency has decreased by 1.11% in the last 24 hours, and a Trade volume of $332,844,702 can be seen. The market cap for Litecoin is presently at $332,844,702.
LTC/USD 1-day price chart: Price goes down to $54.10 after bearish drift
Kasdien Litecoin kaina analizė prognozuoja rinkos mažėjimo tendenciją, nes pardavimo tempas išliko didelis per dieną. Meškos sėkmingai susidorojo su nepalankiomis aplinkybėmis, nes buvo sutrikdyta bulių srovė. Kaina dabar yra 54.10 USD, o jei pardavimo veikla dar labiau padidės, bus galima nuvertinti. Judant link slankiojo vidurkio (MA) vertės, kuri yra 54.09 USD, vienos dienos kainų diagramoje.
A crossover between the SMA 20 curve and the SMA 50 curve was reported earlier, but now it seems that the trends are shifting towards the sellers. The volatility is on the rise, which is a relatively negative indication of upcoming market trends. The upper Bollinger band value is now $ 55.61, whereas the lower Bollinger band value is at $53.49. The RSI indicator is currently at 45.52 and is in the oversold region.
LTC/USD 4-hour chart: Litecoin price support is present at $53.49
The 4-hour price analysis of the LTC/USD cryptocurrency is bearish as the market has faced rejection at $55.61, which was previously serving as resistance for the coin. The Bollinger bands have diverged, and a squeeze can be observed, which might give rise to high volatility in the near future.
The short-term trending line is also moving in the bearish direction now. On the other hand, the moving average (MA) value is presently at $54.11, which is relatively close to the Litecoin current value of $54.10.The 20 SMA is currently at $55.63, whereas the 50 SMA is at $53.50. The RSI indicator is also leaning towards the oversold zone with a value of 59.15.
„Litecoin“ kainų analizės išvada
The following one-day and four-hours Litecoin price analysis is indicating a decrease in the price today, as the circumstances have proved unfavorable for cryptocurrency. The bears are struggling to maintain a high momentum and have succeeded in causing a decline in the price to the $54.10 range. Yet, as the bullish momentum in the past week had been seen to be reviving, it can be expected that it might bounce back to take the price above the $55.61 resistance.
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Šaltinis: https://www.cryptopolitan.com/litecoin-price-analysis-2022-10-05/