Litecoin (LTC) Resumes Upward but Is Stuck Below $220
Login

Litecoin (LTC) Resumes Upward but Is Stuck Below $220

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

Azeez Mustapha

Updated:

Key Highlights
LTC price rebounds above $182
Litecoin is in the bearish trend zone

Litecoin (LTC) Current Statistics
The current price: $213.02
Market Capitalization: $17,893,842,428
Trading Volume: $2,126,017,148
Major supply zones: $200, $220, $240n the
Major demand zones: $100, $80, $60

Litecoin (LTC) Price Analysis November 30, 2021
Litecoin’s (LTC) price has been in a downward move. The downtrend has reached bearish exhaustion as the altcoin reached the low of $189 and pulled back. On November 28, the LTC price rebounded above $182 but was stalled at $220. LTC price broke above the 50-day line moving average but pulled back because of the resistance at $220.

LTC/USD – Daily Chart

Litecoin (LTC) Technical Indicators Reading
Litecoin has risen to level 48 of the Relative Strength Index period 14. The market is in a bearish trend zone and below the centerline 50. The price bars are below the moving averages indicating a possible fall. Litecoin is in a bullish momentum as it is above the 40% range of the daily stochastic.

Conclusion
Litecoin is in a downward move as price reached the low of $189 low The crypto’s price has resumed an upward move. Meanwhile, on November 19 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that LTC will fall but reverse at level 1.272 Fibonacci extensions or $177.81.

LTC/USD – Daily Chart

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
  • 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