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Litecoin (LTC/USD) forecast and analysis on April 28, 2021

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Cryptocurrency Litecoin (LTC/USD) is trading at 246.97. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates the presence of a bearish trend on Litecoin. At the moment, cryptocurrency quotes are moving near the upper border of the Bollinger Bands indicator bars.

Litecoin (LTC/USD) forecast and analysis on April 28, 2021

As part of the Litecoin course forecast, a test level of 255.40 is expected. Where can we expect an attempt to continue the fall in LTC/USD and the further development of the downward trend. The purpose of this movement is the area near the level of 210.20. The conservative Litecoin sales area is located near the upper border of the Bollinger Bands indicator strip at 255.80.

Litecoin (LTC/USD) forecast and analysis on April 28, 2021

Cancellation of the option to continue the decline in the Litecoin rate will be a breakdown of the upper border of the Bollinger Bands indicator bars. As well as the moving average with a period of 55 and closing of quotations of the pair above the area of ​​266.20. This will indicate a change in the current trend in favor of the bullish for LTC/USD. In case of a breakdown of the lower border of the Bollinger Bands indicator bands, we should expect an acceleration of the fall of the cryptocurrency.

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Litecoin (LTC/USD) forecast and analysis on April 28, 2021 implies a test level of 255.40. Further, the continuation of the fall to the area below the level of 210.20 is expected. The conservative area for selling is located area of ​​255.80. Cancellation of the option of falling cryptocurrency will be a breakdown of the level of 266.20. In this case, we should expect continued growth.

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Litecoin price analysis: Bulls continue to lead as LTC finds recovery at $186

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  • The price has resettled at $186.26.
  • Litecoin price analysis shows bullish trend.
  • Support is evidently strong at $147.02.

The bulls have been ruling the price charts for the past few weeks and even today a rise in price has been reported. The price is again at the $186.26 level, as the bulls were able to make a successful comeback in the last 24-hours. Although a noticeable drop in price occurred earlier, the bulls have been able to recover and have managed to take the price above $186 yet again. The price may increase further in the upcoming hours as well, which is highly motivating for buyers.

LTC/USD 1-day price chart: Bulls battle bearish momentum to retain control

The one-day Litecoin price analysis is dictating an increase in price as the bullish momentum has been revived. Although the price underwent a decline recently, today’s trend has again been supportive towards the bulls. Overall, an upswing has been observed over the past few weeks and today the price moved up to $186.3 level. The price is still standing above the moving average indicator’s (MA) value i.e. $180.9.

A crossover between SMA 20 and SMA 50 had been recorded in the prior weeks as well which further confirms the bullish lead. The Bollinger bands Indicator is indicating the following values; the upper value is $197.65 whereas the lower value is $147.02. The RSI score is balancing itself at 58.92 for the day.

Litecoin price analysis: Price bounces back to $186.3 after overcoming loss

The four hours Litecoin price analysis is showing signs of bullish activity as an increase in price has been detected. The price levels are now touching $186.3 after the bullish momentum was recovered. A downward trend had been following for the past few hours, but the bulls have been able to return back. The price is still standing below the moving average level i.e. $187.61 because of the previous drop.

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Litecoin price analysis: Bulls continue to lead as LTC finds recovery at $186 2
LTC/USD 4-hours price chart. Source: TradingView

The Bollinger bands average is currently found at the $185.31 level. Whereas the upper Bollinger band is standing at $192.5 level and the lower Bollinger band is standing at $178.13 level. The RSI score is 54.77 which is considered a quite neutral position. Nonetheless, the bulls have been able to stabilize price at $186 for now.

Litecoin price analysis: Bulls continue to lead as LTC finds recovery at $186 3
LTC/USD technical indicators chart. Source: TradingView

From a general overview, the coin value has undergone major improvement during the period of the last two weeks. This is why the technical indicators chart for LTC/USD is going bullish with 14 indicators on the buying side, eight indicators on the neutral side, and only four indicators on the selling side.

The moving averages indicator is providing support for the buyers as well with a strong bullish signal. There are 12 indicators currently maintaining the buying position, while two indicators are on selling position and one is on neutral position. The Oscillators are showing neutrality with seven oscillators on the neutral level, and two indicators each on selling and buying levels.

Litecoin price analysis conclusion

The one-day and four hours Litecoin price analysis is confirming an increase in the price as the bullish momentum has been revitalized. The price is now balanced at $186.3 after undergoing a significant decline earlier. Chances of improvement are increasing for the buyers as the hourly prediction is giving an upper hand to the bulls as well.

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Litecoin Forecast and Analysis October 18 — 22, 2021

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Litecoin LTC/USD ends the trading week at 190.30 and continues to move within the growth and bullish channel. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines upwards. This indicates pressure from buyers of the digital asset and a potential continuation of the decline in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a price decline and a test of the support area near the level of 135.55. Where can we expect a rebound again and an attempt to raise the value of Litecoin with a potential target above the level of 315.05.

Litecoin Forecast and Analysis October 18 — 22, 2021

An additional signal in favor of raising the LTC/USD quotes in the current trading week October 18 — 22, 2021 will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the growth option for the Litecoin digital asset will be a fall in price and a breakdown of the 95.05 area. This will indicate a breakdown of support and a continued fall in the LTC/USD rate below 35.05. Confirmation of the rise in the cryptocurrency will be the breakdown of the resistance area and the closing of quotations above the level of 265.05.

Litecoin Forecast and Analysis October 18 — 22, 2021

Litecoin Forecast and Analysis October 18 — 22, 2021 implies an attempt to test the support area near the 135.55 level. Then, continued growth to the area above the level of 315.05. An additional signal in favor of Litecoin’s rise will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be a fall and a breakdown of the 95.05 area. This will indicate a continued decline in cryptocurrency with a target below 35.05.

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LTC Price Analysis: LTCUSDT Shows Bullish Recovery As it Marks its Tenth-Year Milestone

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Litecoin is currently ranked the fifteenth cryptocurrency by market cap as it marks its tenth-year milestone in the crypto space. LTC holders generally do not see the tenth anniversary to be worth celebrating as their beloved crypto-asset gets dominated by Bitcoin BTC and underperform compared to other altcoins.

Litecoin LTCBTC Monthly Chart


The LTCBTC chart above highlights a bearish trend with the Bitcoin holders seeing more gains compared to LTC holders.

All attempts by LTC bulls against the BTC are to no avail as the price fails to close above a significant resistance, even with a consecutive bullish divergence in June and October ’21. We’ll need to see a price break above 0.007220 for confidence in a general price recovery for the LTCBTC.

However, the LTCUSDT is still promising with bullish recovery signals from the higher time frame, all the way down to the intraday charts. Read on as we uncover the significant chart patterns and price levels driving the LTCUSDT crypto pair.

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Litecoin LTCUSDT Weekly Chart

The Litecoin price maintains a bullish outlook even after the market-wide price plunge on 10 May ’21, as the relative strength index trade above level-25 since 27 July ’20.

A recent bear-trap candlestick pattern on 27 September ’21 brings hope to LTC holders who have seen stunted returns and recovery compared to BTC and other ALT coins.

Litecoin LTCBTC Daily Chart

The 28 September bullish divergence on the daily chart above supports the bear-trap candlestick pattern on the weekly time frame, forcing the LTC price into an upbeat trajectory as old resistance [$187.00] of 24 September are now switched into support.

Bullish momentum at press time forced the LTC price above the 07 October high [$187.0] with a projected target at $240.00.

Litecoin LTCUSDT 4 Hr Chart

The regular bullish divergence support on 12 October ’21 08:00 fixed the LTC support level at $166.30 and advanced further to break the 14 October ’21 00:00 bearish divergence resistance, and flipping it into a new support level. 

Although the RSI confirms a new uptrend at press time, the RSI values could drop below level-75, forcing a correction of the LTC exchange rate. The upward trend should persist as long as the RSI does not drop below level-25.

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Litecoin LTC Intraday Levels

  • Spot rate: 189.0
  • Mid–Term Trend [H4]: Strong Bullish
  • Volatility: High
  • Support: $166.30 and $180.90
  • Resistance: $193.00

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