Litecoin (LTC) Aims For Trend Reversal As Price Prepares To Escape Falling Wedge

2018-8-27 21:30

Litecoin (LTC) is trading in a falling wedge with the possibility of a breakout in the weeks ahead. The above daily chart for LTC/USD shows that Litecoin (LTC) has almost reached the extent of its movement within the falling wedge against the US Dollar (USD) and is now likely to test the downtrend resistance.

However, before testing the downtrend resistance, it will have to break past the 21 EMA which has served as a support turned resistance since the beginning of the correction.

Continue reading Litecoin (LTC) Aims For Trend Reversal As Price Prepares To Escape Falling Wedge at Crypto Daily™.

.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Litecoin (LTC) на Currencies.ru

$ 82.43 (-0.39%)
Объем 24H $361.857m
Изменеия 24h: 1.63 %, 7d: 0.11 %
Cегодня L: $81.49 - H: $83.18
Капитализация $6.144b Rank 19
Цена в час новости $ 62.05 (32.84%)

ltc falling wedge litecoin resistance usd downtrend

Источник: cryptodaily.co.uk

ltc falling → Результатов: 8


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Litecoin's 18% plunge attracts whales - Better things coming?

Litecoin’s price dropped by 18% in the last 30 days.  A few metrics hinted at a trend reversal.  Litecoin [LTC] bears dominated the coin’s price action last month as it shed a substantThe post Litecoin's 18% plunge attracts whales - Better things coming? appeared first on AMBCrypto.

Will Litecoin break $180 soon? Key metrics point to yes!

Rising accumulation could validate LTC's move northward. Most holders refrained from selling, indicating a possible rise above $180. For most of April, things changed for a large part of theThe post Will Litecoin break $180 soon? Key metrics point to yes! appeared first on AMBCrypto.

Exploring whether Litecoin can repeat history, reach $110 again

LTC’s price increased by more than 3% in the last seven days. Most indicators looked bullish, but a few metrics suggested otherwise.  Litecoin [LTC] investors had a comfortable week as thThe post Exploring whether Litecoin can repeat history, reach $110 again appeared first on AMBCrypto.

Will the Bitcoin halving help Litecoin rally 300% this summer?

LTC was up by more than 9% in the last seven days.  Metrics suggested that Litecoin was undervalued.  The crypto market turned bullish just a day after Bitcoin’s [BTC] fourth halving, leThe post Will the Bitcoin halving help Litecoin rally 300% this summer? appeared first on AMBCrypto.

Grayscale adds 32K Litecoin amidst the dip: Time to go long?

Grayscale has bought the dip and added 32K LTC coins to its Trust.  Litecoin has enjoyed explosive growth as the preferred crypto pay option.  The crypto market, especially the altcoin secThe post Grayscale adds 32K Litecoin amidst the dip: Time to go long? appeared first on AMBCrypto.

Making the case for Litecoin's breakout before Bitcoin’s halving

On-chain metrics supported a Litecoin significant increase before the halving. Those who bought LTC at lower prices have quit profit-taking. Litecoin [LTC] has reached a critical spot that cThe post Making the case for Litecoin's breakout before Bitcoin’s halving appeared first on AMBCrypto.

3 other cryptocurrencies that have halvings

Bitcoin isn’t the only coin that cuts block rewards in half every four years. Here are three others — and how past halvings have influenced their prices. Bitcoin’s halvings get a lot of attention — that’s understandable; it is the…