TRENDING:
Trade War
XAU/USD
Silver
EUR/USD
GBP/USD
USD/CAD
AUD/USD
Sponsored by
Login
|

Litecoin Price Analysis: LTC/USD bulls must break back above bear flag

  • Litecoin price is trading in positive territory by 2.85 % in the session on Friday. 
  • LTC/USD has extended to the upside, running at four consecutive in the green. 
  • The price is set for another critical test of a big area of resistance just ahead at $45-46.
Litecoin Price Analysis: LTC/USD bulls must break back above bear flag
Ken ChigboKen ChigboIndependent Analyst

LTC/USD daily chart

The bulls are pressing for a breakout of a narrowing daily range block, high at $45, low down at $40. 

LTC/USD 60-minute chart

A bullish pennant structure was viewable via the 60-minute chart view, of which the bulls have breached. 

Spot rate:               43.41

Relative change:  +2.85%

High:                      44.98

Low:                       42.90

LTC/USD

Overview
Today last price44.2065
Today Daily Change1.2129
Today Daily Change %2.82
Today daily open42.9936
 
Trends
Daily SMA2042.499
Daily SMA5042.0117
Daily SMA10054.4543
Daily SMA20052.4138
 
Levels
Previous Daily High44.001
Previous Daily Low41.0345
Previous Weekly High43.767
Previous Weekly Low37.9812
Previous Monthly High63.9927
Previous Monthly Low24.9467
Daily Fibonacci 38.2%42.8678
Daily Fibonacci 61.8%42.1677
Daily Pivot Point S141.3517
Daily Pivot Point S239.7099
Daily Pivot Point S338.3852
Daily Pivot Point R144.3183
Daily Pivot Point R245.6429
Daily Pivot Point R347.2848

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

More from Ken Chigbo
Share:

Editor's Picks

Ripple bulls defend key support amid waning retail demand and ETF inflows

Ripple bulls defend key support amid waning retail demand and ETF inflows

XRP ticks up above $1.40 support, but waning retail demand suggests caution. XRP attracts $4 million in spot ETF inflows on Thursday, signaling renewed institutional investor interest.

Crypto Today: Bitcoin, Ethereum, XRP rebound as risk appetite improves

Crypto Today: Bitcoin, Ethereum, XRP rebound as risk appetite improves

Bitcoin rises marginally, nearing the immediate resistance of $68,000 at the time of writing on Friday. Major altcoins, including Ethereum and Ripple, hold key support levels as bulls aim to maintain marginal intraday gains.

Bitcoin Weekly Forecast: No recovery in sight 

Bitcoin Weekly Forecast: No recovery in sight 

Bitcoin price continues to trade sideways between $65,729 and $71,746, extending its consolidation since February 7. US-spot ETFs record an outflow of $403.90 million through Thursday, pointing to the fifth consecutive week of withdrawals.

Pi Network Price Forecast: PI recovery stalls amid profit-taking

Pi Network Price Forecast: PI recovery stalls amid profit-taking

Pi Network tests 50-day EMA support on Friday, after a 5% decline the previous day. PiScan data shows large deposits on CEXs totaling over 4 million PI tokens in the last 24 hours, reflecting an exodus of investors taking profits.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.