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Schlëssel Héichpunkter
Litecoin reaches the high of $174 but was resisted
The alt-coin plunges to $164 low
Litecoin (LTC) Aktuell Statistiken
Den aktuelle Präis: $ 168.35
Maart Kapitaliséierung: $ 14,105,166,061
Handelsvolumen: $ 9,936,084,311
Grouss Versuergungszonen: $ 200, $ 220, $ 240
Grouss Ufrozonen: $ 100, $ 80, $ 60
Litecoin (LTC) Präis Analyse 9. Februar 2021
De 8. Februar Litecoin rebounded above $151 support and rallied above the $160 resistance. The bullish momentum reached the high of $175 and was resisted. LTC would have reached the high of $200 if the bulls clear the minor resistance at $175. Consequently, LTC is retracing to the downside. It is likely the selling pressure will subside at the low of $164. The market will resume upward if the $164 support holds. Today, LTC has resumed upward move and it is trading at $167 at the time of writing.
Litecoin (LTC) Technesch Indikatoren Liesen
The 50-day and 21-day SMAs are sloping upward indicating an uptrend. The price bars have continued to remain above the SMAs which indicate the upward movement of the coin. Litecoin has risen to level 62 of the Relative Strength Index period 14. It indicates that the altcoin is in the uptrend zone and approaching the overbought region.
Konklusioun
Litecoin is in a downward move. The downtrend has reached bearish exhaustion. On February 9 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the crypto will reach level 2.618 Fibonacci extensions or the low of $162.98.
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