Litecoin Technical Analysis: LTC/USD bulls are set to conquer the big $100 again


  • Litecoin price Monday is trading with gains of around 4.0% in the latter stages of the session. 
  • LTC/USD has been running higher since the bullish flag breakout which triggered on April 30. 
  • The bulls are attempting to break down the $100 price area, which remains somewhat stubborn. 

 

Spot rate:                  89.03

Relative change:      +3.95%

High:                         92.84

Low:                          84.30

LTC/USD

Overview
Today last price 88.9318
Today Daily Change 4.0600
Today Daily Change % 4.78
Today daily open 84.8718
 
Trends
Daily SMA20 75.347
Daily SMA50 75.9856
Daily SMA100 62.4135
Daily SMA200 49.2819
Levels
Previous Daily High 93.8517
Previous Daily Low 83.7207
Previous Weekly High 79.5651
Previous Weekly Low 72.2954
Previous Monthly High 99.4789
Previous Monthly Low 60.3565
Daily Fibonacci 38.2% 87.5908
Daily Fibonacci 61.8% 89.9817
Daily Pivot Point S1 81.1111
Daily Pivot Point S2 77.3504
Daily Pivot Point S3 70.9801
Daily Pivot Point R1 91.2421
Daily Pivot Point R2 97.6124
Daily Pivot Point R3 101.3731

 

LTC/USD 60-minute chart

  • Price action via the 60-minute chart is moving within a bullish flag pattern formation, subject to an extended move to the upside. 

LTC/USD daily chart

  • A chunky barrier of supply can be observed heading into the $100 price territory. 

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

BTC/USD price action is nearing a large potential breakout

Bitcoin price in the session on Monday is trading with gains of some 3.50%. BTC/USD price action is narrowing within a triangular structure, subject to a breakout. Key resistance can be observed running from $11,000-11,500, via the daily. There is a chunky barrier which is seen from $11,000-11,500 range. Price action is narrowing within a pennant structure, subject to a breakout north.

More Bitcoin News

BCH/USD bulls retest of the breached flag could be punishing

Bitcoin Cash price in the late part of Monday is trading in the green, up some 1.20%.  BCH/USD price action is retesting a breached flag pattern formation seen via the daily. 

More Bitcoin Cash News

XRP/USD bulls failed to reclaim big $0.3000 mark

Ripple's XRP price in the session on Monday is trading with losses of some 1.50%. XRP/USD bulls attempted to reclaim the $0.3000 mark, however, ran into supply.  

More Ripple News

ETH/USD bulls are struggling with $200 mark

The Ethereum price on Monday is trading within gains of 2.7% in the second half of the session. ETH/USD is attempting to break back above a breached pennant structure.

More Ethereum News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Safe-haven or a high-yield asset? Bitcoin qualifies for both

The cryptocurrency market has been a mixed picture this week. Bitcoin attempted to settle above $12,000 practically every single day of the week...

Read the weekly forecast

BTC

ETH

XRP