• All the major cryptocurrencies are trading in the red today and Litecoin is 1.71% lower.
  • The RSI is giving a bullish signal but it still needs to be confirmed.


LTC/USD has found some support at the value area on the volume profile indicator on the right-hand side of the chart.

This represents the area where most volume has been traded and in this case, it is at 55.80.

The relative strength index (RSI) indicator is showing a bullish failure swing. This is when the indicator makes a wave low but the price makes a higher low.

There has been decent volume on the sell-off but we need to see what happens when the Asian traders come to market.

The psychological 60 level on the upside is the target for the bulls and this is where price stalled on the last bullish run.

Litecoin Analysis


Today last price 56.1386
Today Daily Change  -1.6227
Today Daily Change % -2.81
Today daily open 57.7613
Daily SMA20 58.5022
Daily SMA50 65.5231
Daily SMA100 79.9328
Daily SMA200 88.304
Previous Daily High 59.4981
Previous Daily Low 57.2165
Previous Weekly High 57.7344
Previous Weekly Low 52.1872
Previous Monthly High 80.2956
Previous Monthly Low 50.399
Daily Fibonacci 38.2% 58.0881
Daily Fibonacci 61.8% 58.6265
Daily Pivot Point S1 56.8192
Daily Pivot Point S2 55.8771
Daily Pivot Point S3 54.5377
Daily Pivot Point R1 59.1008
Daily Pivot Point R2 60.4402
Daily Pivot Point R3 61.3823



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 analysis: $ 7,265 to cap any bounce amid rising wedge breakdown

Bitcoin (BTC/USD) is trading little changed so far this Saturday, having run into stiff resistances aligned near 7,265 on its multiple upside attempts. Rising wedge breakdown is spotted on hourly sticks, with bears eyeing 7,075. However, a rebound cannot be ruled out in the near-term.

More Bitcoin News

Litecoin technical analysis: Bearish bias intact while below $ 45.50

Litecoin (LTC/USD) is back in the red zone on Saturday after two straight days of tepid bounce. Despite the latest knockdown, the coin remains in a familiar trading range between $ 45 and $ 43. 

More Litecoin News

Bitcoin Cash price prediction: Eyes on $ 215, with bull pennant on hourly sticks

Bitcoin Cash (BCH/USD) built on Friday’s rebound before entering a bullish consolidation this Saturday, as the bulls await a fresh impetus for the next push higher. 

More Bitcoin Cash News

Cryptocurrency market update: Selling wave returns, Santa rally still on sight?

No relief for the crypto markets, as sellers return on Saturday. Ethereum – the main laggard amongst the top three dominant cryptocurrencies. 

More Cryptocurrencies News


Bitcoin Weekly Forecast: It's all about whales again

On the cryptocurrency market, regulators, governments and central bankers and other big names like that are inferior to whales when it comes to generating trends and price movements.

Read the weekly forecast