Litecoin (LTC) Finally Breaks Out Above Long-Term Resistance

2020-12-18 16:01

Both the LTC/USD and LTC/BTC pairs should continue moving upwards towards the targets given below. Breakout From Long-Term Resistance The weekly chart shows that LTC has finally moved above the $85 resistance area, something it has struggled to do since July 2019.

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Litecoin (LTC) на Currencies.ru

$ 84.94 (-0.42%)
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ltc resistance above long-term finally moved weekly

Источник: beincrypto.com

ltc resistance → Результатов: 126


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Litecoin (LTC) Drops After Rejection From $185

The short and long-term time-frames suggest that LTC is still correcting, having not yet reached a low. Litecoin Drops After Rejection LTC has been moving downward since Jan. 10, when it reached a high of $185.

LTC Moves Above $150, Reaching Highest Price Since 2018

While it could continue increasing and reach the $185 resistance area, it appears the current rally is top-heavy, and a corrective movement will soon follow. LTC’s Long-Term Movement The weekly chart shows that LTC has finally moved above the June 2019 highs at $145 and has actually reached a weekly close above this level.

LTC Continues Its Ascent Towards $150

It should reach this area and possibly break out. LTC Long-Term Levels The weekly chart shows that LTC has been moving upwards since the beginning of March. It’s approaching the $149 resistance area, which is the 0.

Will Litecoin (LTC) Break Through $100?

In any event, the long-term trend remains bullish and LTC is likely to rally towards the resistance areas outlined below. Weekly Rally The LTC price increased by 34% during the week of Nov 15-22, reaching a high of $88.

Litecoin (LTC) is Rejected and Begins Moving Downwards

The Litecoin (LTC) price has been decreasing since its rejection at the $63 resistance area on Nov 7. The price should resume its downward movement towards the closest support area. Deviation Above Resistance The LTC price has been moving upwards since Sept 21, when it reached a low of $41.