Litecoin Fluctuates as It Aims for the Prior High of $105
Login

Litecoin Fluctuates as It Aims for the Prior High of $105

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Key Highlights
Litecoin fluctuates below the $95 high
Litecoin targets the high of $120

Litecoin (LTC) Current Statistics
Market Capitalization: $7,790,691,498
Trading Volume: $581,672,967
Major supply zones: $140, $160, $180
Major demand zones: $120, $100, $80

Litecoin (LTC) Price Analysis April 4, 2023
The price of Litecoin (LTC) is rising as it aims for the prior high of $105. The altcoin has fluctuated since March 23 above the moving average lines but under the resistance at $95. At the time of writing, the price of LTC is currently $92. When the resistance or the present support is broken, the price of cryptocurrency will trend. On the plus side, the coin will increase in value if purchasers maintain the price above the $95 high, reaching the prior high of $105. The Fibonacci extension’s level 2.618, or $120.80, will be reached by the positive momentum. If the price of the altcoin falls below the moving average lines, it will decline as well to the low of $65.

Litecoin Fluctuates as It Aims for the Prior High of $105
LTC/USD – Daily Chart

Litecoin (LTC) Technical Indicators Reading
Litecoin is at level 55 of the Relative Strength Index for Period 14. Despite being in a bullish trend zone, the cryptocurrency asset’s bullish momentum is stalled at the most recent high. Because the price bars are above the moving average lines, the lines will move upward. The altcoin is moving upwards over the daily Stochastic’s threshold of 40.


Conclusion
Litecoin is trading in expectation of a bullish trend as it aims for the prior high of $105. Litecoin is positioned between the moving average lines on the 4-hour chart. For a few days, the cryptocurrency will be forced to move in a range.

Litecoin Fluctuates as It Aims for the Prior High of $105
LTC/USD – 4 Hour Chart

You can purchase crypto coins here: Buy LBLOCK


Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News