Litecoin Retreats but Restarts Its Upward Trend above $97

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 targets the $122 high
Litecoin regains bullish trend

Litecoin (LTC) Current Statistics
The current price: $99.05
Market Capitalization: $8,332,188,143
Trading Volume: $1,693,517,154
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin Retreats but Restarts Its Upward Trend above $97
LTC/USD – Daily Chart

Litecoin (LTC) Price Analysis March 12, 2024
Litecoin’s (LTC) price has risen above its moving average lines as it restarts its upward trend above $97. The cryptocurrency price is making a series of higher highs and higher lows. The cryptocurrency peaked at $105 before retreating.

Currently, the LTC price has retraced and halted above the $98 support. According to the price indicator, Litecoin has the potential to continue its upward trend. On the March 3 upswing, a retraced candle body tested the 50% Fibonacci retracement level.

The retracement indicates that the cryptocurrency asset will continue to increase to the level 2.0 Fibonacci extension. However, the altcoin will continue to trade above the moving average line but below the resistance around $105 where buyers have failed to surpass the recent high. Litecoin is now valued at $98.47 at the time of writing

Litecoin (LTC) Technical Indicators Reading
Following the price bounce, LTC price bars are significantly higher than the upward-sloping moving average lines. The upward trend has stalled below the resistance level of $105. The altcoin exhibits a bullish crossover on both charts, as the 21-day SMA crosses above the 50-day SMA. Traders can place bullish orders.

Litecoin has resumed a bullish trend after breaking above the resistance at $76 as it restarts its upward trend above $97. On the 4-hour chart, the uptrend continued after breaking above the resistance at $94. The rise continues as the altcoin retraces above the $94 support.

The crypto signal stays favorable as the altcoin resumes its rising trend.

Litecoin Retreats but Restarts Its Upward Trend above $97
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 *