Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Key Highlights
Litecoin is in a horizontal trend
LTC price is consolidating above the $62 support
Litecoin (LTC) Current Statistics
The current price: $62.60
Market Capitalization: $5,248,224,758
Trading Volume: $251,037,921
Major supply zones: $80, $100, $120
Major demand zones: $60, $40, $20
Litecoin (LTC) Price Analysis September 6, 2023
Litecoin (LTC) price is gradually declining but remains above the $62 low. The cryptocurrency is consolidating in a small range between $62 and $64 in a horizontal trend. Moving average lines have stopped the upward movement. Price movement has also been restrained by small body indecisive candlesticks known as Doji.
The altcoin is neither increasing nor decreasing, remaining stable above the $62 support level. The altcoin is currently trading in the market’s oversold zone. Litecoin will cross the moving average lines if the $64 resistance level is broken. The bullish momentum will continue until the price reaches $80.
If the bears breach the $62 support, the market would fall lower to the prior low of $53.
Litecoin (LTC) Technical Indicators Reading
Litecoin has dropped to the Relative Strength Index period 14 level 32. The market is reaching the oversold territory. The price is below the moving average lines as it faces rejection at the current high. The bearish momentum has stalled below the daily Stochastic level of 20.
It signifies that the market has already reached an oversold condition.
Conclusion
In the shorter time frame, Litecoin is oversold but remains above the $62 low. The altcoin is trading at a low level, much below the moving average lines. LTC is stabilizing above the $62.00 support level. Doji candlesticks indicate that the move may remain range-bound.
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
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
