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Amid the recent recovery sentiment in the crypto market, the LTC/USDT pair bounced back from the $40.68 low. Furthermore, the bull run shows a set of new higher and higher lows within a rising wedge pattern.
Litecoin price analysis reveals that the LTC/USD price is currently in a bullish trend as it rallies to break out at the $64.02 level. However, the cryptocurrency is facing rejection at $64.32 as the bulls seem to be losing momentum.
Litecoin price analysis reveals that the digital currency has started a new bullish spell after a brief period of consolidation. LTC prices have surged above the $62.49 level, which is a key resistance area.
Long-term crypto investors have seen this movie before -- many times. The price of Bitcoin (BTC-USD), the biggest cryptocurrency by market capitalization, previously crashed in 2018, 2020, and the summer of 2021 before rebounding to test new highs each time.
TL;DR Breakdown Litecoin price analysis suggests sideways movement below $60.00 The closest support level lies at $57.58 LTC faces resistance at the $60.95 mark The Litecoin price analysis shows that LTC finds support at the $57.50 mark after breaking down from the $64.00 mark. However, the bears still dominate the markets across the daily frames.
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Litecoin continues to go up the price chart. Its growth has been gradual, unlike Loopring and Flow.
Litecoin price analysis shows that the market is bearish as prices have crashed below $63. After a week-long consolidation phase near $60, the bears took control and pushed Litecoin prices below the key support at $59.86.
In the last two weeks, Litecoin (LTC) price has been trading above the moving average lines. The uptrend was slowed down by the $64 resistance. Since July 18, the cryptocurrency has been forced to move sideways. The altcoin has been trading between $51 and $64.
Our LTC price analysis suggests that reclaim of the $62 price level would make the Litecoin price prediction of $74 very much possible.
Litecoin price analysis reveals that the coin is in a bullish trend and has made significant gains in the last 24 hours. The coin is currently trading at $63.48 and is facing rejection at $63.50, break above this level can result in prices testing the $65 level.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin's growth over the last month has expedited bullish recovery efforts in the crypto-market.
Litecoin price analysis reveals that the LTC/USD price is currently in a bullish trend as it rallies to break out at the $61.84 level. However, the cryptocurrency is facing rejection at $62.43 as the bulls seem to be losing momentum.
Litecoin is gradually recovering from the heavy discount it received in the last few months. It might take a while for the market to recover to previous highs.
Litecoin is trading in a positive zone above $55 against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours).
Users can "stake" their LTC and XRP starting August 3
Litecoin price analysis reveals that the LTC/USD price is currently in a bullish trend as it rallies to break out at the $59.61 level. However, the cryptocurrency is facing rejection at $56.97 as the bulls seem to be losing momentum.
The Litecoin price is up by a percentage point in today's trading session. The price gain follows days of a five days aggressive bearish move
Litecoin price analysis shows that LTC/USD is in a bearish trend. The LTC/USD has increased by 4.72 percent since yesterday as it currently trades at $57.04.
Litecoin (LTC) price has been in an uptrend since July 28. The uptrend could not be maintained above the $65 resistance zone, hence the rejection.
Litecoin has always been an asset that neither shines too brightly nor does it disappear after a while. Just existing in the background, LTC has managed to sustain itself through the changing markets and demand of the investors.
While the war between Russia and Ukraine remains undecided, pro-Ukraine groups definitely won when it comes to the amount of cryptocurrency they received via their donation campaigns. While pro-Russian groups managed to raise more than $2 million in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), and USDT-TRX in crypto donations, the amount is just a tiny fraction of the amount received by those sympathetic to the Ukrainian government.
Litecoin price analysis reveals that the LTC/USD price is currently in a bullish trend as it rallies to break out at $62.49. However, the cryptocurrency is facing rejection at $62.53 as the bulls seem to be losing momentum.
Litecoin Is Below $75 – July 29The Litecoin market valuation is below $75 as it has been striving to surge higher from a lower-trading zone.
