Litecoin Fiyatı: Litecoin Rijdt Oplopend Kanaal Als Stieren Proberen Grote Weerstand

LTC up nearly 40% from lows set last week
200ma eventually remained as support
RSI rolled into the ascension flag

In recent months, lightcoin has developed quite slowly as the overall cryptocurrency market has lost momentum. Lightcoin was one of the first cryptocurrencies and has remained in the top 20 ever since. The LTC should break the previous all-time high, as BTC and ETH have done. This leads many investors to speculate on whether the bull race for the LTC is over.

Litecoin price chart [LTC]

Source: TradingView
LTC has been below $ 147 since mid-June. This resistance zone is a bull fight to keep up. At the time of writing, LTC is trying to flash the first brand of this resistance zone, which is located at $ 142-147. Once the LTC manages to drill and hold this area, it will be free for a big push into the target area.

The LTC was able to hold 200ma as support for the first time in more than 60 days. This is important because it is an important step towards returning to the upward trend . However, LTC has been trading on a rising channel since July 20. A break that crosses one of the two trends will drive the price in that direction. In the event of a downgrade, the LTC would find support at $ 136.

When you look at the RSI indicator, you see a bull flag drawn. It’s a sign that buyers are still strong in this Sunday and are pushing for an upward move. Any break above 70 would certainly increase LTC. MACD has been extremely flat for the last 4 days, which shows the inevitability of strong movement. Bear Cross could send LTC back to the support line.

Intraday LTC analysis

Spot rate: $141.91
Trend: Bullish
Volatility: Average
Support: $ 136.31
Resistance: $ 142.30

Post-release Lightcoin price analysis: Lightcoin moves on a rising channel as bulls try to overcome great resistance, first revealed in Coingape.

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