• Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
Newsletter
Crypto Hoarding
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
Crypto Hoarding
No Result
View All Result
Home Litecoin

Why Litecoin Looks Ready To Break Out In The Coming Days – Benzinga – Benzinga

Admin by Admin
September 2, 2021
in Litecoin
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

July 6, 2022
Litecoin shoots up by 4,620% – Not price, but… – AMBCrypto News

Litecoin shoots up by 4,620% – Not price, but… – AMBCrypto News

July 4, 2022

Litecoin (CRYPTO: LTC) is trading higher Thursday in a crypto market that’s a mixed bag of tickers trading up and down.

Litecoin is one of the few that is trading higher. The coin looks like it is nearing a possible attempt at a breakout.

Litecoin was up 3.57% at $186.83 at last check.

Litecoin Daily Chart Analysis

  • Litecoin looks to be forming what technical traders call an ascending triangle pattern. Resistance and support are pinching the price of Litecoin and there’s not much place for it to go within the pattern.
  • The $200 level has been an area Litecoin struggles to cross above; this price level may continue to hold as resistance in the future. The higher low trendline has been an area where the price has been able to find support and stay above, and it may continue to hold in the future.
  • The crypto trades above the 50-day moving average (green), but below the 200-day moving average (blue), indicating the crypto is likely in a period of consolidation.
  • The crypto may find support near the 50-day moving average, while the 200-day moving average could hold as resistance.
  • The Relative Strength Index (RSI) has been moving higher the last few days. The RSI sits at 59 now, showing there is more buying pressure than selling pressure.

ltcdaily9-2-21.png

What’s Next For Litecoin?

Bullish traders are looking to see Litecoin break above resistance and move higher. If Litecoin can see a breakout above resistance, bulls would then like to see the stock hold this resistance level as an area of support before pushing higher.

Bearish traders would like to see Litecoin break below the higher low trendline and start to fall lower. A change in trend could occur if the crypto was able to break below the higher low trendline and begin to hold it as resistance.

Join ZINGERNATION and earn ZING, a new cryptocurrency we launched aimed to reward members as we build a community to find and share great trading and investing opportunities. Download the mobile app now, available on iOS and Android.

Click here, or sign up for our newsletter to explore more of Benzinga’s Cryptocurrency market coverage, in-depth coin analysis, data, and reporting.

Share76Tweet47

Related Posts

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

by Admin
July 6, 2022
0

The crypto crash of June has undoubtedly created various losers. However, an unlikely winner is emerging from this crash and...

Litecoin shoots up by 4,620% – Not price, but… – AMBCrypto News

Litecoin shoots up by 4,620% – Not price, but… – AMBCrypto News

by Admin
July 4, 2022
0

One of the biggest disadvantages of Litecoin is its lack of demand, when compared to other altcoins in the market....

Litecoin falls beneath a bullish order block, could $40 be next target – AMBCrypto News

Litecoin falls beneath a bullish order block, could $40 be next target – AMBCrypto News

by Admin
July 3, 2022
0

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion...

Litecoin (LTC) Returns to $50 After Rejection From Resistance – BeInCrypto

Litecoin (LTC) Returns to $50 After Rejection From Resistance – BeInCrypto

by Admin
June 30, 2022
0

Litecoin (LTC) is at risk of breaking down from a short-term consolidation pattern, something which could take it towards its...

Litecoin price analysis: LTC/USD exhibits extreme bearish signs at $52.50 – Cryptopolitan

Litecoin price analysis: LTC/USD exhibits extreme bearish signs at $52.50 – Cryptopolitan

by Admin
June 29, 2022
0

John Palmer John Paul is an enthusiastic crypto writer with an interest in Bitcoin, Blockchain, and technical analysis. With a...

Load More
  • Trending
  • Comments
  • Latest
Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

April 21, 2021

SteveWillDoIt reveals hacker stole his crypto wallet: “I lost a lot of money” – Dexerto

July 26, 2021
Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

February 11, 2022
DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap – Cointelegraph

DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap – Cointelegraph

April 15, 2021
Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

0

Rivals Ripple and R3 partner up | PaymentsSource – American Banker

0
Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

0

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches – Coindesk

0
Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

July 6, 2022
Ethereum just finished its second-to-last major ‘merge’ test and the main upgrade could be just months away – Fortune

Ethereum just finished its second-to-last major ‘merge’ test and the main upgrade could be just months away – Fortune

July 6, 2022
Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20000, as Crypto Volatility Continues – Market Updates Bitcoin News – Bitcoin News

Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20000, as Crypto Volatility Continues – Market Updates Bitcoin News – Bitcoin News

July 6, 2022
What if Ripple loses and XRP is deemed a security? – FinanceFeeds

What if Ripple loses and XRP is deemed a security? – FinanceFeeds

July 6, 2022
Crypto Hoarding

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Cryptocurrency Hackers
  • Ethereum
  • Litecoin
  • Ripple

Newsletter

[mc4wp_form]

  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

Copyright (c) 2021 - Crypto Hoarding - All Rights Reserved - web design by TechyRack