您现在的位置是:Litecoin could touch $134 resistance level soon >>正文
Litecoin could touch $134 resistance level soon
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛7343人已围观
简介Litecoin is up by over 3% in the past 24 hours, and the rally has brought into focus the $134 resist...
Litecoin is up by over 3% in the past 24 hours, and the rally has brought into focus the $134 resistance level.
Litecoin underperformed yesterday, losing 0.315 of its value after declining by 1.45% the previous day. The bearish performance saw Litecoin lose its first major support level at $129 and the second major support level at $127 yesterday.
However, it was able to defend the third major support level at $122 before rallying to an intraday high of $132.39. It was unable to keep up the rally and fell below the $130 mark again before the end of the day on Wednesday.
A bright start to the day on Thursday and excellent performances from the broader market could see the twelfth-largest cryptocurrency surpass the $134 resistance level and attempt to reach $140 before the end of the day.
LTC price outlook
The LTC/USD 4-hour chart is looking bullish at the moment, similar to the broader cryptocurrency market. LTC is trading above the $128 mark and will need to move past the $129 pivot to bring the first significant resistance level at $134 into focus.
Support from the general cryptocurrency market would be necessary if Litecoin is to surpass Wednesday’s high of $132.09. If there is extended crypto market rally, Litecoin could surpass the first major resistance level and resistance at $135 but will find it tough to do so.
LTC/USD chart. Source: Coinalyze
An extended breakout of the cryptocurrency could see the LTC/USD pair test the 140 level, with the second resistance level currently sitting around the $137 mark.
However, failure to surpass the $129 pivot could see Litecoin’s price drop and bring the first major support level at $126 into play. Litecoin should be able to defend the support level around the $120 mark unless there is an extended sell-off in the market.
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/521532.html
相关文章
Bitcoin reaches highest price level in 3 weeks
Litecoin could touch $134 resistance level soonThe crypto market as a whole is mixed. Bitcoin was trading at $21,333 at the time of writing. Top cr...
阅读更多
BNB Chain burns 2 million BNB worth over $600 million
Litecoin could touch $134 resistance level soonBNB worth more than $600 million have been removed from circulation, Binance announced on Tuesday.Th...
阅读更多
FTX's bankruptcy filings show 'complete failure of corporate controls'
Litecoin could touch $134 resistance level soonBankruptcy filings have called out Sam Bankman-Fried (SBF) and the entire FTX team for a complete fa...
阅读更多
热门文章
- More value locked in Uniswap than any other liquidity mining provider
- Ethereum Deep Dive: Health check ahead of Shanghai upgrade in next month
- US Approves Bills To Drive Adoption Blockchain
- Alchemy Pay gained 50% against the US dollar yesterday
- FCA Bans The Sales Of Crypto Derivatives To Retail Investors
- BNB eyes breakout in ascending triangle as price suddenly turns bullish
最新文章
Blockchain security firm Halborn secures $90M from investors
Should you buy BNB at the current $215 support level?
Mint free OKX Football Cup NFTs as group stage games enter second round
Bitcoin hits $18,200 as 13% more of of BTC supply in profit
Deutsche Bank reportedly looking to invest in 2 crypto firms
Are your funds safe? Crypto lending platforms continue to fall