Litecoin Retraces to Its Range but Remains above $82

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 hovers above the $82 support
The crypto asset has maintained its range

Litecoin (LTC) Current Statistics
The current price: $83.70
Market Capitalization: $7,030,030,389
Trading Volume: $322,150,673
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin (LTC) Price Analysis May 30, 2024
Litecoin is trading above the moving average lines but remains above $82. Following two failures at the $90 resistance zone, the bulls were unable to maintain their bullish trend above the moving average lines. On May 23, bulls and bears engaged in a price war in which the cryptocurrency’s price fell below the moving average lines, but bulls bought the dips.

LTC prices are gradually falling below the moving average lines. If the bears breach below the moving average lines, Litecoin will drop back to its prior low of $78. LTC/USD is now worth $83 at the time of writing.

Litecoin Retraces to Its Range but Remains above $82
LTC/USD – Daily Chart

Litecoin (LTC) Technical Indicators Reading
The altcoin has retraced, but the price bars remain above the moving average lines. The upward movement has been restrained by resistance at $89. The bears are threatening to drive the price down below the moving average lines. If the bears succeed in breaking below the moving average lines, Litecoin will fall even more.
Litecoin is dropping below the moving average lines but remains above $82. The cryptocurrency has ended its negative run, falling sharply to a low of $80.51, and bulls have bought the dips. The bulls have halted the fall above the $73 level. The altcoin is now trading in a narrow range between $82 and $90.

The appearance of Doji candlesticks casts suspicion on both the upward and downward price movements. The crypto signal is fluctuating due to the creation of Doji candles.

Litecoin Retraces to Its Range but Remains above $82
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 *