您现在的位置是:Litecoin heading towards the $150 region >>正文
Litecoin heading towards the $150 region
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛24人已围观
简介The cryptocurrency market has been rallying over the weekend, and Litecoin’s price surge could...
The cryptocurrency market has been rallying over the weekend, and Litecoin’s price surge could see it reach $150 soon
The cryptocurrency market recorded a positive weekend, with several cryptocurrencies rallying. Bitcoin finally surpassed the $35k resistant level and is now trading just above $38k. Ether is also well above $2k and is heading towards the $2,500 resistance point.
Litecoin wasn’t left out, with the cryptocurrency’s price rising by 9% over the past 24 hours. After reaching $130, the rally could continue, and the cryptocurrency’s price could reach $150 for the first time since 21 June.
LTC price outlook
The LTC/USD 4-hour chart is looking very bullish at the moment, thanks to an extended rally from the broader cryptocurrency market. LTC is now well above its 100 simple moving average (SMA) on the 4-hour chart at $124, providing especially strong support around that region.
The moving average convergence divergence (MACD) line is well into the bullish territory, a sign that the rally might continue if the market conditions hold. Litecoin’s relative strength index (RSI) is also in the overbought region, the first time it has entered this region for about a month.
LTC/USD 4-hour chart. Source: Coinalyze
LTC is currently trading at $137 per coin. If the current rally continues, Litecoin could soon surpass the $144 resistance point and head towards $150. An extended market rally could see the LTC/USD pair attempt to reach the $170 over the next few hours or days. However, the extended rally is dependent on the performance of the broader cryptocurrency market.
In the event that the bears regain control of the market, Litecoin could lose its minor support at the $130 level. A further decline below $120 could then be expected. However, the support level at $108 should limit any downward movement that could see Litecoin slip below the $100 mark.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/857199.html
相关文章
DNT is skyrocketing, up 117%: here’s where to buy DNT
Litecoin heading towards the $150 regionDNT is the native coin of District0x, which was created to tackle some of the inefficiencies that co...
阅读更多
Why did Radio Caca (RACA) price surge by 20% on Sunday and then pull back afterward?
Litecoin heading towards the $150 regionRACA token surged from $0.0018 to $0.0021, a 20% up In the early hours of Sunday morning. It went on...
阅读更多
Is The Sandbox (SAND/USDT) a buy or sell after spiking 31%?
Litecoin heading towards the $150 regionSummary:The Sandbox price advanced more than 30% over the last 24 hours.SAND is the native token of...
阅读更多
热门文章
- NASA's Valkyrie humanoid robot enters advanced stages of testing
- Ethereum could top the $4,200 level soon
- AI deep learning decodes perchlorate salts crystals
- Top 3 crypto coins to buy before the market gets bullish once again.
- Blue Origin’s new Shepard rocket successful launched to space
- ETERNAL, the mining power game token: Where to buy ETERNAL
最新文章
Metacade announces partnership with Metastudio ahead of highly anticipated Uniswap Listing
Shiba Inu (SHIB) is looking at a 20% rally in the near term
RUNE rallies by nearly 20% today
Disney disbands its metaverse team amid large layoff
Bitcoin vs Ethereum: Which crypto is a better buy?
Tezos Price outlook: Charts point to a surge after a bullish pattern formation