I predict that Litecoin will have some ups and downs for few days. So i think it will be better to buy some when the price will be around $74-$75.
Topic: Litecoin Price Analysis - page 2. (Read 228 times)
tem grande potencia espero que bata os $ 150
My analysis of Litecoin prices will reach $ 120- $ 150 by the end of 2018.
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LTC is a very popular coin in the market right now because of it's stability and price. It looks very good for short term investments but if in the future a bull run happens, it would prove to be a very profitable coin after BTC and ETH.
I agree with this and it's the very reason I hold Litecoin and invest in it heavily when under selling pressure. When the bull market returns Lite coin is going to make bigger percentage gains than the other top 10. Can't wait for the bear to be finally dead.
Yes Litecoin showed itself well, and increased in price. promising coin.
In recent times, Litecoin has achieved a good price increase (5,800%). LTC has a very strong recovery from 122,193 USD.
However, we expect LTC to have a slight price adjustment.
This year the exchange rate has increased by 264%. We expect the resistance at between $ 312 and $ 340.
At the moment we have not set a Fibonacci retracement, we need to wait for the next time.
However, we expect LTC to have a slight price adjustment.
This year the exchange rate has increased by 264%. We expect the resistance at between $ 312 and $ 340.
At the moment we have not set a Fibonacci retracement, we need to wait for the next time.
In the long term, good growth is possible ! But I do not invest in litecoin because I do not understand his idea and what he does )
With the exception of Bitcoin, the price of Litecoin has shown the most promising signs in the short-term compared to all other major cryptocurrencies. The coin had been trading over the $80 resistance level for the better part of the week. Despite the selling pressure yesterday, the price was maintained above this threshold.
There was an attempt yesterday when the bulls tried to push it past $85.00 against the US dollar. However, the LTC/USD pair failed to hold gains and declined back towards the $80.00 support. In the last three hours, the price has shown a strong comeback, likely a result of Bitcoin price crossing over the $8,000 mark.
Looking at the chart, the price traded as low as $80.87 before buyers came in strong. The price bounced back and moved above the 50% Fib retracement level of the last drop from the $85.09 high to $80.87 low.
There was also a break just over the $82.00 level and the 100 hourly simple moving average. We sense there is a major resistance near the $84.50 and $85.00 levels which might be difficult to clear for the bulls.
For the long term, there is a new connecting bearish trend line in place with resistance at $84.70 on the hourly chart. This trend line is also near the 76.4% Fib retracement level of the last drop which occurred from the $85.09 high to $80.87 low.
We can conclude that a close above the $84.70 and $85.00 resistance levels for the day is likely to clear the path for more gains in the short term. The next resistance level would be near the $89.00 and $90.00 levels which would cause a selling pressure in the market.
There was an attempt yesterday when the bulls tried to push it past $85.00 against the US dollar. However, the LTC/USD pair failed to hold gains and declined back towards the $80.00 support. In the last three hours, the price has shown a strong comeback, likely a result of Bitcoin price crossing over the $8,000 mark.
Looking at the chart, the price traded as low as $80.87 before buyers came in strong. The price bounced back and moved above the 50% Fib retracement level of the last drop from the $85.09 high to $80.87 low.
There was also a break just over the $82.00 level and the 100 hourly simple moving average. We sense there is a major resistance near the $84.50 and $85.00 levels which might be difficult to clear for the bulls.
For the long term, there is a new connecting bearish trend line in place with resistance at $84.70 on the hourly chart. This trend line is also near the 76.4% Fib retracement level of the last drop which occurred from the $85.09 high to $80.87 low.
We can conclude that a close above the $84.70 and $85.00 resistance levels for the day is likely to clear the path for more gains in the short term. The next resistance level would be near the $89.00 and $90.00 levels which would cause a selling pressure in the market.
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