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Key Hichtepunten
Litecoin falls to $118 low
Buyers are likely to emerge
Litcoin (LTC) hjoeddeistige statistiken
De hjoeddeistige priis: $ 175.12
Marktkapitalisaasje: $ 14,527,707,154
Hannelsvolumint: $ 5,523,308,458
Wichtige leveringssônes: $ 200, $ 220, $ 240
Wichtige fraachsonen: $ 100, $ 80, $ 60
Litecoin (LTC) Priisanalyse 25 maaie 2021
Hjoed, Litecoin drops to $118 low and resumes upward but the uptrend is facing resistance at the recent high. In the previous price action, the coin retested the $220 high and fell to $118 low. However, if the current support holds, Litecoin is likely to be range-bound between $120 and $200. On May 19 downtrend; a retraced candle body tested the 61.8 % Fibonacci retracement level. The retracement indicates that Litecoin is likely to fall to level 1.618 Fibonacci retracement level or level $48.68.
Litecoin (LTC) Technyske yndikatoaren lêze
LTC price has fallen below the 20% range of the daily stochastic. It indicates that the coin has reached the oversold region of the market. The implication is that buyers are likely to emerge.
De 21-dagen en 50-dagen SMA hellen horizontaal.
Konklúzje
On the 4–hour chart, Litecoin is still in a downward correction. The upward move is facing rejection as price finds support above the 21-day SMA. On May 19 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. This retracement indicates that the market will rise to level 1.272 Fibonacci extension or level $102.10.
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