Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: Mahindra on June 26, 2021, 07:28:35 PM
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Litecoin slid by 7.09% on Friday. Reversing a 4.11% gain from Thursday, Litecoin ended the day at $125.0.
Tracking the broader market, Litecoin rose to an early morning intraday high $138.45 before hitting reverse.
Falling short of the first major resistance level at $140, Litecoin slid to a late intraday low $124.34.
The extended sell-off saw Litecoin fall through the first major support level at $126.4 before finding support.
Litecoin briefly broke back through the first major support level before ending the day at $125 levels.
At the time of writing, Litecoin was down by 0.44% to $124.45. A mixed start to the day saw Litecoin rise to an early morning high $125.46 before falling to a low $124.00.
Litecoin left the major support and resistance levels untested early on.
(https://i.imgur.com/EdmSDM8.png)
Litecoin would need to move through the $129 pivot to bring the first major resistance level at $134 into play.
Support from the broader market would be needed, however, for Litecoin to break back through to $130 levels.
Barring an extended crypto rally, the first major resistance level and Friday’s high $138.45 would likely cap any upside.
In the event of an extended breakout, Litecoin could test resistance at $150. The second major resistance level sits at $143.
Failure to move through the $129 pivot would bring the first major support level at $120 into play.
Barring another extended sell-off, however, Litecoin should steer clear of sub-$110 levels. The second major support level at $115 should limit the downside. more information (https://www.fxempire.com/forecasts/article/ethereum-litecoin-and-ripples-xrp-daily-tech-analysis-june-26th-2021-746353)
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Litecoin price daily update news.
Litecoin price today is $139.90 with a 24-hour trading volume of $1,735,377,695. LTC price is up 4.3% in the last 24 hours. It has a circulating supply of 67 Million LTC coins and a max supply of 84 Million. If you are looking to buy or sell Litecoin, FTX is currently the most active exchange.(https://i.imgur.com/lElUUSY.jpg)