Price Analysis

Litecoin (LTC) Upsurge to Bring Profitable Day for Traders

  • Litecoin price demonstrates indications of advancement towards the intraday high during strong bullish sentiments
  • The immediate resistance is positioned around $49.21

Litecoin price is heading towards the intraday high. The improvement marked in the coin is quite impressive. The big players of the market are also moving with the bullish trend intact. The improvement in the LTC coin has solaced the traders as the last couple of days were quite frightening. Yesterday, Litecoin price was dealing as high as $48.52 and as low as $45.44. The volume marked in Litecoin was $2,979,663,352.

Litecoin Price Prediction

Yesterday, LTC coin started dealing at $47.30. The currency reflected regression from the beginning of the day. The fall registered a 4.97% loss in Litecoin price. The coin touched $44.95. Later, there was an uptrend in the price that brought it up to $47.28 by 4.94%. The uptrend in the LTC coin further led it to $48.67 by 3.80%. The last couple of hours brought it down to $47.96. The intraday movement in Litecoin marked 1.39% profit. Today, LTC began the day at $47.96. The price slipped to $47.46 in the later hours. Recently, the coin has again started improving and thus dealing at $47.84.

Litecoin
LTC Chart By TradingView

The crypto market is spotted, reflecting a bullish trend. The uptrend is likely to bring a flourishing return to the intraday traders. Litecoin price is dealing around $47. The currency is near the immediate resistance level at $49.21. Litecoin is likely to bring a flourishing return to long-term investors.

Resistance LevelPriceSupport LevelPrice
R1$49.21S1$46.13
R2$50.4S2$44.24
R3$52.29S3$43.05
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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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