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Cryptocurrency Ecosystem => Litecoin Forum => Other Popular Cryptos / Coins => Litecoin News & Updates => Topic started by: Shahinaz on December 26, 2020, 11:05:47 AM

Title: LTC Continues Its Ascent Towards $150
Post by: Shahinaz on December 26, 2020, 11:05:47 AM
The Litecoin (LTC) price has been increasing at an accelerated rate over the past two weeks and is currently approaching the $149 resistance area.

It should reach this area and possibly break out.

LTC Long-Term Levels
The weekly chart shows that LTC has been moving upwards since the beginning of March. It’s approaching the $149 resistance area, which is the 0.382 Fib retracement level of the entire previous downward move and coincides with the June 2019 highs.

If it breaks out successfully, the next resistance area would be at $187.

Technical indicators are bullish, supporting the possibility that it will rally at least to the $149 resistance area and possibly break out.

(https://s32659.pcdn.co/wp-content/uploads/2020/12/ltc1-lead2-dec25.png.webp)

more : https://beincrypto.com/ltc-continues-ascent-towards-150/

the LTC/USD pair is likely to continue increasing towards $149 and possibly $187.

On the other hand, LTC/BTC looks macro bullish and should slowly move towards 0.0095 and possibly 0.011

Title: Re: LTC Continues Its Ascent Towards $150
Post by: Msweet on December 29, 2020, 11:31:36 AM
Analyzing the record of Light Coin for the last 24 hours, I realized that it has decreased by -0.7% in the last 24 hours.  Its current market price is 129.64 USD.  Analysis of
(https://i.imgur.com/4NSRiTr.png)