Litecoin technical analysis: LTC/USD remains range-bound

  • Litecoin defends s $50 support but movement north fails to break above $60 resistance zone.
  • Litecoin stays between the 50 SMA on the one-hour chart resistance and the 100 SMA support.

Spot rate: $57.047

Relative change: +0.4055

Resistance: $60 and $80

Support: $55 and $50

LTC/USD daily chart

Litecoin is bullish according to the upward trend Relative Strength Index (RSI).

LTC/USD must break above the resistance at $60 for an upward correction to the supply zone at $80.

LTC/USD 240’ chart

Litecoin stays above the 100 Simple Moving Average (SMA) support giving way for a bullish trend towards $60.

$55 is coming count as key support likely to give way for higher movement in the near-term. Besides the RSI is holding ground above 50.

LTC/USD 60’chart

Litecoin immediate upside hindered by the descending trendline resistance.

A break above the short-term trendline is likely to give LTC a boost towards $60.


Today last price 57.0582
Today Daily Change 0.5297
Today Daily Change % 0.94
Today daily open 56.5285
Daily SMA20 56.3153
Daily SMA50 64.4416
Daily SMA100 78.0148
Daily SMA200 88.2455
Previous Daily High 57.8297
Previous Daily Low 55.6109
Previous Weekly High 60.1263
Previous Weekly Low 53.1023
Previous Monthly High 80.2956
Previous Monthly Low 50.399
Daily Fibonacci 38.2% 56.9821
Daily Fibonacci 61.8% 56.4584
Daily Pivot Point S1 55.483
Daily Pivot Point S2 54.4375
Daily Pivot Point S3 53.2642
Daily Pivot Point R1 57.7018
Daily Pivot Point R2 58.8751
Daily Pivot Point R3 59.9206




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. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin Price Analysis: BTC/USD bounces off $9,400 support after rejection at $9,700

The cryptocurrency market is in the green on Monday, during the Asian session. The largest cryptocurrency by market capitalization, Bitcoin is trading 1% higher on the day. BTC/USD opened the session at $9,446 and ...

More Bitcoin News

XRP/USD drops below $0.2000 after a failure at $0.2030

XRP/USD tested the intraday high at $0.2031, but the strong resistance located around this area discouraged the short-term bulls and pushed XRP/USD below $0.2000 by press time.

More Ripple News

Ethereum Price Analysis: ETH/USD consolidates weekly gains near $240

Ethereum (ETH/USD) surged higher on Saturday and touched its highest level since early March at $247 before closing the day with a daily gain of 10% at $243. The pair, however, has struggled to preserve its momentum ...

More Ethereum News

ADA/USD breakout from trendline support draws nearer to $0.1

Cardano continues to be one of the most active cryptocurrencies among the top 100. ADA/USD led crypto recovery last week to the extent of testing the critical $0.08. Although there was a brief break ...

More Cardano News


Bitcoin Weekly Forecast: BTC/USD bulls fight for every inch of the ground on their way to $10,000

After a sharp sell-off at the beginning of the week, BTC/USD climbed back above $9,000 and made its way above another important resistance $9,300.

Read the weekly forecast