Litecoin (LTC) Daily Price Forecast – August 14

2018-8-14 10:46

LTC/USD Medium-term Trend: Bearish

Resistance Levels: $58, $59, $60
Support Levels: $54, $53, $52

The LTC price was in a sideways trend yesterday and price fell to the low of $55.80. It was assumed that the cryptocurrency might fall again to its previous low at $40.10, if the downward trend continued. Meanwhile in the sideways trend price rose to the high of $60.15 and later fell to the low of $56.23.

Today, the LTC price has fallen to the low of $51.74 and it might reach the support level at $50. From the chart, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Relative Strength Index period 14 is level 23 which indicates that the market is oversold suggesting bulls to take control of the market.

LTC/USD Short-term Trend: Bearish

From the 1-hour chart, the LTC price is in a downward trend. The price fell to the low of $50.44 are retracted to the high of $ 51.73. However, LTC price is below the 12-day EMA and 26-day EMA which indicates that the price is falling. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Litecoin (LTC) на Currencies.ru

$ 84.6 (-0.65%)
Объем 24H $639.042m
Изменеия 24h: -1.98 %, 7d: 1.89 %
Cегодня L: $83.37 - H: $86.31
Капитализация $6.308b Rank 19
Цена в час новости $ 51.93 (62.91%)

price trend ltc sideways low levels cryptocurrency

price trend → Результатов: 126


Фото:

Bullish Trend: Chainlink’s Top Investors are Accumulating at a Rapid Pace

Chainlink’s price action has been rather lackluster as of late, with its price lacking a clear trend as it consolidates alongside Ethereum and the rest of the crypto market. However, there’s a strong possibility that this will soon shift as Bitcoin’s ongoing uptrend will eventually lead to a capital rotation even that causes significant inflows […]

2020-11-1 04:00