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
LTC price retests $126 support
Litecoin reaches the oversold region
Litecoin (LTC) Current Statistics
The current price: $131.48
Market Capitalization: $11,044,176,016
Trading Volume: $827,199,880
Major supply zones: $200, $220, $240
Major demand zones: $100, $80, $60
Litecoin (LTC) Price Analysis January 11, 2022
Litecoin’s (LTC) price has fallen to the low of $120 as it holds above $126 support. The cryptocurrency is trading at $131 at press time. On December 4 price slump, Litecoin fell to $126 low but made an upward correction. The upward correction was terminated at the high of $165. This caused the crypto to resume selling pressure. Today, the bears are retesting the current support to break below it. The crypto will resume up trending if the current support holds. On the other hand, LTC/USD will decline to $104 if the current support is breached.
Litecoin (LTC) Technical Indicators Reading
The crypto is at level 32 of the Relative Strength Index period 14. Litecoin is now in the oversold region of the market. The selling pressure has reached bearish exhaustion. LTC price bars are below the moving averages. The upward move will resume when prices are above the moving averages. Litecoin is also below the 20% area of the daily stochastic
Conclusion
LTC/USD is in a downward move and has reached the oversold region of the market as it holds above $126 support.. Meanwhile, on December 16, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that Litecoin will fall but reverse at level 1.272 Fibonacci extension or $117.96.
You can purchase crypto coins here: Buy Coins
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
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
