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

Litecoin Price Analysis: LTC/USD is pushing higher to break a technical pattern

  • Litecoin is trading 2.41% higher on Friday and is looking to break out of an intraday technical pattern.
  • Bulls will be looking to target the recent high of 84.50 for the trend to continue higher.
Litecoin Price Analysis: LTC/USD is pushing higher to break a technical pattern
Rajan Dhall, MSTARajan Dhall, MSTAFX Daily

LTC/USD Daily Chart

Litecoin has consolidated between 84.50 and 78.25.

Now the price looks like it will break out of the red trendline on the chart below.

Bulls will be looking to target the high of 84.50 for the trend to continue higher.

On the downside, a break of 78.60  would create a new wave low but the price looks to be moving in the opposite direction.

Litecoin Analysis

Additional Levels

LTC/USD

Overview
Today last price82.5124
Today Daily Change1.9793
Today Daily Change %2.46
Today daily open80.5331
 
Trends
Daily SMA2069.4305
Daily SMA5057.2634
Daily SMA10053.1756
Daily SMA20061.0626
 
Levels
Previous Daily High84.4232
Previous Daily Low77.2513
Previous Weekly High75.4068
Previous Weekly Low66.6241
Previous Monthly High70.0854
Previous Monthly Low38.7677
Daily Fibonacci 38.2%79.991
Daily Fibonacci 61.8%81.6835
Daily Pivot Point S177.0486
Daily Pivot Point S273.5641
Daily Pivot Point S369.8768
Daily Pivot Point R184.2204
Daily Pivot Point R287.9077
Daily Pivot Point R391.3922

Author

Rajan Dhall, MSTA

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

More from Rajan Dhall, MSTA
Share:

Editor's Picks

Aster Price Forecast: Demand sparks on Binance Wallet partnership for on-chain perpetuals

Aster Price Forecast: Demand sparks on Binance Wallet partnership for on-chain perpetuals

Aster is up roughly 9% so far on Thursday, hinting at the breakout of a crucial resistance level. Aster partners up with Binance wallet for the second season of the on-chain perpetuals challenge.

Crypto Today: Ethereum, XRP hold baseline support as Bitcoin struggles to find upside strength

Crypto Today: Ethereum, XRP hold baseline support as Bitcoin struggles to find upside strength

Bitcoin hovers around $67,000, weighed down by risk-off sentiment as reflected by ETF outflows. Ethereum steadies toward the $2,000 psychological threshold despite fading institutional support.

Bitcoin Price Forecast: BTC stalls near $67,300 resistance as downside risks linger

Bitcoin Price Forecast: BTC stalls near $67,300 resistance as downside risks linger

Bitcoin (BTC) price is steadying at $67,000 on Thursday and faces resistance near the previously broken lower consolidation boundary at $67,300, signaling potential downside risk ahead.

LayerZero Price Forecast: ZRO steadies as markets digest Zero blockchain announcement

LayerZero Price Forecast: ZRO steadies as markets digest Zero blockchain announcement

LayerZero (ZRO) trades above $2.00 at press time on Thursday, holding steady after a 17% rebound the previous day, which aligned with the public announcement of the Zero blockchain and Cathie Wood joining the advisory board.

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: The worst may be behind us

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.