In the cryptocurrency world, halving is directly equated with an increase in the price of the cryptocurrency. As LTC is trading within a range it can be considered as neutral at this moment in time. Current support levels found at the $60 mark.

In fact, the OBV has been forming higher lows, indicating a slow increase in volume. They believe in their Litecoin price prediction that LTC might drop $27 by December 2020, where the year high price might be around $45. They believe in their Litecoin price prediction that LTC might drop $27 by December 2020, where the year high price might be around $45. However, there’s a significant indication the LTC price is destined for greatness. LTC, as the rest of the market, is tightly coupled and dependent on bitcoin’s price action. Right now, it is too soon to decide if the price will head higher or lower.

Litecoin price today is $62.84 USD with a 24-hour trading volume of $4,119,729,649 USD. Litecoin (LTC) is already trading above $40 and is leading the Cryptocurrency bullish movement. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Current resistance stands at the $64.5 mark. You can read his blog here.

Here's 3 of our most recent articles about the price of Litecoin: Keep track of your holdings and explore over 7,000 cryptocurrencies. Save my name, email, and website in this browser for the next time I comment. Disclaimer: AMBCrypto US and UK Market's content is informational in nature and is not meant to be investment advice. Litecoin was designed to complement Bitcoin by solving issues like transaction timings and concentrated mining pools. But it will grow in 2021 to $52.

A crypto forecast website called trading beasts predicted in their litecoin forecast based on technical analysis that by the end of 2020, LTC expected price will be around $47, and only a bit higher in 2021 – predicted to rise up to $71. Moreover, Bitcoin too seemed stuck in a high timeframe pattern which was bearish. The critical support level is located below the lower boundary of the channel at 4000 SAT and below. Investing is speculative. It has also been forming high lows since the same time. The Litecoin price prediction by Solldy shows that the price will return towards the $56 level after observing a pullback. And the reason I think Litecoin is dead is not because of price of litecoin – it dropped together with the whole market and not by its own fault. The Relative Strength Index (RSI) has just moved above 70.00, which means that the coin is now in the overbought zone. Litecoin medium-term price trend They offered warnings after giving a theory about the cause of the current bear season. Litecoin briefly sees $49 high, losing strong support for $48.

It is a well known fact that Charlie Lee sold at the peak of LTC price and tweeted a very good advice to the rest of the holders: On December 12th, 2017, Charlie Lee sent out a tweet telling people not to get too excited with the unsustainable bull run.

The triangle began forming on the 19th of December in 2017, the volatility of the cryptocurrency’s price has gradually lowered over time until it came to the end of the triangle. Although not surprising, the same pattern can be seen for the top 15 altcoins [by market cap]. Hence, this will prevent the price from heading any lower on the charts. Connect Binance account and use Quadency bot for 6 MONTHS COMPLETELY FREE.

For now, the RSI (14) is following the downtrend as the signal line moves below 35-level, suggesting more bearish signals. An up-channel can be seen on the chart below, and the price is expected to rise after breaking above a triangle pattern that has formed inside the channel. TradingBeasts see Litecoin as a good asset for the next 4 years.

The cryptocurrency has approached the end of the triangle pattern, and it will now break towards the upside.

From the upside, resistance lies at $50 and $52. Somewhere in between the years 2021 and 2022, we may see the price of Litecoin moving towards its previous all-time high of 360.66 USD but will experience a sharp correction almost immediately afterward. supply of 84,000,000 LTC coins. The cryptocurrency is now trading around the 9-day and 21-day moving averages within the channel. Looking at the Moving Average Convergence Divergence (MACD) line, we can see that it has crossed above the signal line on this time frame and the histogram size is increasing in the positive region. Binance is the world's leading crypto exchange! Recently, a good number of digital currency analysts have openly spoken about the cause of the current market meltdown. Your email address will not be published. Tel: 020 3146 8423. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society. It has a circulating supply of 65,821,615 LTC coins and a max. The top exchanges for trading in Litecoin are currently The Litecoin price prediction for the next ten years varies. If bitcoin embarks on another bull run, LTC can hope for one as well. Litecoin is turning lower alongside a number of other major coins as the cryptocurrency struggles to attract buying interest below the … Litecoin is now trading at support provided by a shallow rising trend line and a break beneath this support could possibly see Litecoin headed lower back toward the $35 region. Alternatively, if it dropped beneath ₿0.0044 it would turn bearish. I am trying to buy as much LTC at the lowest price possible before it Halves and goes up past $500. Litecoin then went on to trade along with the 100-day EMA level until falling beneath it yesterday. This site uses Akismet to reduce spam.

Once this tough situation passes, a crazy bull run is what we all hope for and probability for such development is pretty high.

Beneath this, support lies at ₿0.0044, ₿0.00425, ₿0.0042, and ₿0.004. Captain Altcoin is made up of investors and digital currency enthusiasts.

Beneath this, support lies at $40 (.382 Fib Retracement), $37.50 (.5 Fib Retracement), $34.55 (.618 Fib Retracement), and $30. LTC continued to tank as it eventually reached the support at ₿0.0044 during May 2020 where the support held. Litecoin has been forming lower highs since 2017 and the same is the case even now. Litecoin news today – The entire digital asset market has continued its slip after yesterday’s losses began. Their algorithm is awfully bullish as they predict that Litcoin might reach $472 by 2020 end, and might reach $1687 by 2020 end. The cryptocurrency approached a day’s high of $64.83 during the 24-hour trade. The current CoinMarketCap ranking is #8, with a market cap of $4,135,967,872 USD. Above this, added resistance is expected at $56.50 (bearish .5 Fib Retracement), $60, $61.78, and $63 (bearish .618 Fib Retracement). Litecoin was picturing a weekly red candle at press time, however, it needs to build more steam for a multi-year breakout. With new projects flooding the market in the recent years, Litecoin’s role seems to be thing of a past – LTC is the odd man out and nobody can bring about a solid argumentation for Litecoin’s purpose in the future.

CoinFan is a website that offers Litecoin price prediction and predictions for every relevant cryptocurrency via their proprietary algo that computes price forecasts on the basis of technical analysis. Litecoin is in bullish trend during last 2+ month and since mid December LTCUSD gained 115% and LTCBTC get 86% increase.

The cryptocurrency would need to break above the upper boundary of this range for any sort of recovery to kick off. 3 Lower Thames St In short – it offers no value over other payment coins; it has far weaker brand than Bitcoin to be store of value, it is too slow in comparison to Nano, XRP, XLM; it has no privacy in contrast to Monero, Dash or ZCash. While many attacked him as a FUD instigator, his reasons for making these assertions were rock solid and since LTC is now hovering just aboe $30. The rest of the market slumped in an even harsher fashion, losing 50%+ in one day. Bitcoin Price Prediction: BTC/USD Trades above $11,000; a Reliable Bullish Trend? Follow us on our social media channels to have the latest news from Inside Bitcoins.

Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. Attracted to the chaos of trading, Akash has invested in BTC, ETH and XRP for educational purposes. Litecoin’s all time high value was tick above $300 per coin and even that is out of reach for LTC in the foreseeable future because Litecoin has no competitive advantages over other coins with the same use case and has come this far solely as a bitcoin trailer. Currently, the correlation between BTC and LTC means that, even though the price of Bitcoin retreats further from the $8,000 area (shedding a whopping 9.77% in the process), the Litecoin price will make it one of the worst-performing top ten digital currencies for the year. After months of users complaining about the lack of development, the Litecoin development team recently released their latest update in Litecoin Core Version 0.18.1. The Trading View analyst Tilen expects the price to break above the triangle and reach new heights for this year.

As of when this content was written, the price of Litecoin was trading at $49.72. https://insidebitcoins.com/visit/etoro-news, https://insidebitcoins.com/visit/plus500-news. Current resistance stands at the $64.5 mark. The analyst claims that PlusToken scammers have been mixing up to 13,000 BTC (which is currently valued at $101 million), to make them more difficult to track.

Hmm.

Removing crypto from the equation, Yaz loves to watch his favorite football team and keep up-to-date with the latest fights within the UFC. Dogecoin Has What It Takes To... Ripple Price Predictions in 10 Years – Latest. The overall market cap has dropped below $2.5 billion and seems the shedding is not over yet.



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