Litecoin (LTC) price has been rising after breaking through the $64 level. On November 23, Litecoin reached a high of $83, but fell below the resistance of $80.
Long-term forecast for the litecoin price: bullish
Last week, Litecoin price fluctuated below the high of $80. If buyers can break through the resistance of $80, the market will rise to a high of $100. However, the market was overbought near the last high. Litecoin’s price could fall if it is rejected in the overbought region. The altcoin will first fall to the break level of $64. At the time of writing, one Litecoin is worth $76.71.
Litecoin rodiklių analizė
Litecoin is currently at level 64 on the Relative Strength Index. While the market is overbought, the cryptocurrency is still trading in the bullish trend zone. The fact that the moving average lines are higher than the price bars suggests that the cryptocurrency price will continue to rise.
techniniai rodikliai
Pasipriešinimo lygis: 140 USD, 180 USD, 220 USD
Palaikymo lygis: 100 USD, 60 USD, 20 USD
Koks yra kitas Litecoin žingsnis?
Litecoin’s price is in an uptrend. Currently, the upward momentum is slowed down by the $80 high. In the uptrend from November 24, a retracement candlestick tested the 61.8% Fibonacci retracement level. The retracement suggests that LTC will rise to the Fibonacci extension level of 1.618 or $97.02. Currently, Litecoin’s uptrend is slowed down by the $80 high.
Atsisakymas. Ši analizė ir prognozė yra asmeninė autoriaus nuomonė ir nėra rekomendacija pirkti ar parduoti kriptovaliutą ir neturėtų būti vertinama kaip CoinIdol patvirtinimas. Prieš investuodami į fondus skaitytojai turėtų patys atlikti tyrimus.
Source: https://coinidol.com/litecoin-threatens-fall-64/