Litecoin Remains Above $77 as It Resumes Consolidation

Azeez Mustapha


Unlock Daily Forex Signals

Select a Plan


1 - month



3 - month



6 - month






Separate Swing Trading Group



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

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 revisits previous low of $77
Litecoin is in a range-bound move

Litecoin (LTC) Current Statistics
The current price: $83.79
Market Capitalization: $7,038,091,663
Trading Volume: $318,362,914
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin (LTC) Price Analysis April 21, 2024
Litecoin’s (LTC) recovery has taken a hit after falling below the moving average lines as it resumes consolidation. The cryptocurrency asset fell and reached its prior low of $77. On April 13, Litecoin fell to a low of $70, yet bulls purchased the dips. The cryptocurrency corrected upward above the $77 support level and continued consolidation above it.

Litecoin is currently trading above the $77 support but below the moving average lines. The selling pressure has abated, and the altcoin has resumed its upward trend. The altcoin is now valued at $84.21 as of writing. Nonetheless, the rising trend is hampered by the $86 high.

Litecoin will resume a bullish trend if buyers sustain the price above the moving average lines or the resistance level at $92. The altcoin will surge above the previous high of $110.

Litecoin Remains Above $77 as It Resumes Consolidation
LTC/USD – Daily Chart

Litecoin (LTC) Technical Indicators Reading
Since the April 13 price drop, the moving average lines have been sloping horizontally, indicating a sideways trend. On the 4-hour chart, the price bars are above the moving average lines, but the upward trend is stifled near the $86 high. The uptrend will resume if the altcoin trades in the bullish trend zone.

On the 4-hour chart, Litecoin resumes consolidation above the $77 support level following the downtrend’s termination. The crypto’s price ranges from $77 to $86. The altcoin has failed to restart its upward trend due to an early obstacle at $86.

Currently, the crypto signal is fluctuating as the altcoin faces rejection at its recent peak.

Litecoin Remains Above $77 as It Resumes Consolidation
LTC/USD – 4 Hour Chart

You can purchase Lucky Block 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
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

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 *