• LTC/USD went up from $114.75 to $126.30, charting a 10% increase in price.
  • LTC/USD has charted its highest price since June 2018.

Litecoin (LTC/USD) had a historic day this Monday as its price went up from $114.75 to $126.30, charting a 10% increase in price. In the process, LTC/USD has charted its highest price since June 2018. Looking at the hourly chart, it can be seen that LTC/USD was horizontally trending for a bit, as the price shot up from $115.35 to $125 within an hour. Following the sudden surge, the price trended horizontally again.

LTC/USD daily chart

  • The price is currently trending right on the upper curve of the 20-day Bollinger band.
  • The price is trending above all the 200-day simple moving average (SMA 200), SMA 50 and SMA 20 curves.
  • Over the day, the price managed to break past resistance levels at $125.35, $124 and $119.
  • The moving average convergence/divergence (MACD) has had a bullish sign after six straight bearish sessions.
  • The Elliot Oscillator has had three straight bullish sessions.
     

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin price prediction: BTC/USD recovers following a late bullish rally, faces resistance at $10,275

After BTC/USD went below $10,000, the bulls rallied together to bring the price up to $10,273 this Thursday. The hourly breakdown of Thursday shows us that the price found support at $9,800 and jumped up to $9,880. 

More Bitcoin News

Ripple price update: XRP/USD pivot at the 50% Fibo

Ripple was lucky enough to rise above the key resistance at $0.32. However, the buyers failed to sustains gains above the level resulting in dive under $0.30 on Thursday. The 38.2% Fib retracement level from the last swing high at ...

More Ripple News

Ethereum price analysis: Bears take control to bring ETH/USD back inside the Bollinger Band

Following eight straight bullish days, the bears have finally taken control of the market. ETH/USD has gone down from $221.35 to $217.75 so far today. Let’s look at the hourly breakdown of Thursday and Friday. 

More Ethereum News

BCH/USD technical analysis: Bitcoin Cash finds support ahead of 300 again

Bitcoin Cash is still 0.56% lower this evening but it is not one of the worst-performing cryptocurrencies.  After selling off earlier in the session bulls came in to support the price before it managed to test 300.00 yet again.

More Bitcoin Cash News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Rangebound trading and September blues come upon the crypto market

Bitcoin finishes the week with marginal losses. The first digital currency recovered from the recent low of $9,886 but stayed in the red zone as of the end of the week.

Read the weekly forecast

BTC

ETH

XRP