Šis pasipriešinimas gali paskatinti naują mitingą

Litecoin price remained well bid above the $60 support zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $70 level.

• Litecoin started a fresh decline below $80 support against the US Dollar.
• Dabar kaina yra mažesnė nei 70 USD, o 100 paprastas slenkamasis vidurkis (4 valandos).
• LTC/USD poros 70.50 valandų diagramoje (duomenų tiekimas iš Kraken) susidaro pagrindinė kritimo tendencijos linija, kurios pasipriešinimas yra beveik 4 USD.
• The price could start a decent increase if there is a clear move above the $72 resistance.

Litecoin Price Eyes Upside Break

Earlier this month, litecoin price saw a steady decline from well above the $80 level against the US Dollar. LTC price declined below the $75 support zone to move into a bearish zone, similar to Bitcoin ir ethereum.

The price gained pace below the $70 support and the 100 simple moving average (4-hours). A low was formed near $61.02 and the price is now attempting a recovery wave. There was a decent upside correction above the $63 and $65 levels.

There was a move above the 23.6% Fib retracement level of the key decline from the $79.80 swing high to $61.02 low. The price is now trading near the $70 resistance and 100 simple moving average (4-hours).

On the upside, an immediate resistance is near the $70.00 level. There is also a key bearish trend line forming with resistance near $70.50 on the 4-hours chart of the LTC/USD pair. The trend line is near the 50% Fib retracement level of the key decline from the $79.80 swing high to $61.02 low.

šaltinis: LTCUSD svetainėje TradingView.com

If there is a clear break above the $70.50 resistance, the price could start a strong increase. In the stated case, the price is likely to continue higher towards the $72 and $75 levels. Any more gains might send ltc price towards the $80 resistance zone.

Fresh Decline in LTC?

If Litecoin price fails to clear the $70.00 resistance level, there could be a fresh decline. An initial support on the downside is near the $65.50 level.

Pirmoji didelė parama formuojasi netoli 64.00 USD lygio. Dėl bet kokių tolesnių nuostolių kaina gali būti nukreipta į 60.00 USD paramą ateinančiose sesijose.

Techniniai rodikliai:

4-hours MACD – The MACD is slowly gaining pace in the bullish zone.

4 valandų RSI (santykinio stiprumo indeksas) – LTC/USD RSI viršija 50 lygį.

Pagrindiniai paramos lygiai - 65.50 USD, po to 60.00 USD.

Didžiausi pasipriešinimo lygiai - 70.00 75.00 USD ir XNUMX XNUMX USD.