Coinscreed
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos
Advertise
No Result
View All Result
  • bitcoinBitcoin(BTC)
    $30,464.005.79% 24H
    BITCOIN
    24H : 5.79%
    Volume : $29,718,016,637.00
    Marketcap : $580,151,832,595.00
  • ethereumEthereum(ETH)
    $2,027.574.44% 24H
    ETHEREUM
    24H : 4.44%
    Volume : $18,660,258,698.00
    Marketcap : $245,192,561,196.00
  • binancecoinBNB(BNB)
    $307.825.80% 24H
    BNB
    24H : 5.80%
    Volume : $1,761,522,885.00
    Marketcap : $51,755,802,138.00
  • rippleXRP(XRP)
    $0.4224.12% 24H
    XRP
    24H : 4.12%
    Volume : $2,273,952,988.00
    Marketcap : $20,423,062,982.00
  • cardanoCardano(ADA)
    $0.5404.42% 24H
    CARDANO
    24H : 4.42%
    Volume : $947,937,386.00
    Marketcap : $18,300,249,429.00
  • terra-lunaTerra(LUNA)
    $0.00015-12.93% 24H
    TERRA
    24H : -12.93%
    Volume : $455,004,992.00
    Marketcap : $966,647,909.00
Coinscreed
No Result
View All Result
homerun token
Home News Litecoin News

Litecoin price seeks new all-time high, but LTC shows bearish divergence

Bishop eL by Bishop eL
1 year ago
in Litecoin News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter
Litecoin’s today vital Fibonacci market setback is the second time since mid-April and reduces LTC chances of overcoming opposition and launching an all-time high test at $420.00.

Price for a dominant catalyst Litecoin

The IOMAP data indicates almost no resistence of the new Litecoin price up to $350.24, somewhat below the above stated 78.6% retracement mark.

SuggestedArticles

Here's Why Whales Are  Interested In Litecoin Ahead Of Major Upgrade

Here’s Why Whales Are Interested In Litecoin Ahead Of Major Upgrade

1 day ago
Litecoin Partners with Antbool, Announces LTC Lab Formation

Litecoin Partners with Antpool, Announces LTC Lab Formation

1 month ago

Also, until a cluster of between $ 259.85 and $ 269.27 there is limited support from Litecoin. The average price is $125.07, a small step below 61.8 percent retracement of the bear market 2017-2018 at $268.03, for total of 103.49k addresses.

However, from yesterday’s high 2.501 to 4, the number of whales transactions has decreased. The reading is close to that of October 2020, which followed the long rally.

A new source of purchasing power is indicated by the minimum whale level (transaction count of > 100 k USD), if the Litecoin price can get off the mat.

The chain metrics offer Litecoin an optimistic outlook, but a resilience of 78.6 per cent to $334.86 is a major barrier to overcoming at $420.00 before the all times.

If the 61.8 percent trace is not held at $268.04, a 10-week SMA test of $231.47 will be given and a possible fall in the lower trend line of the channel at $189,65 is planned.

The negative divergence between RSI and the price since the middle of February has been added to the bearish perspective. When a new rally is printed, the momentum index must be confirmed.

LTC/USD weekly chart

Just one weekly closure above 78.6 percent would stimulate a re-evaluation of the bay outlook and increase the likelihood that new highs will succeed in the next few days or weeks.

Tags: LTC

BTC365

Coinscreed

Copyright © 2022 Coinscreed

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Crypto Price Charts

Follow Us

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos

Copyright © 2022 Coinscreed

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.