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

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


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

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *