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LTCUSDT Still Bullish 🚀Our previous LTCUSDT idea worked out pretty good! Idea still valid. Still bullish on Litecoin After a sharp drop during our Asian friends market hour, it is back to previous resistance now turned Support A minor wall at around $206-$209 . After this no major hinderance going up. We can break it, with higher Volume and power by the Bulls MACD about crossing up. My target is set between $235-$241 for profit taking. Provided BTC remains a good Boy! Follow 🚶 Like 👍 Share your thoughts !
Long
by CryptonKidd
LTCUSD - 1D Chart Analysis So far, it seems that February has been great for Litecoin as it's price has managed to cross the 20 days Moving Average, it consolidated it's position at the top and also registered a growth of 55% until today. Of course, this huge price change was stimulated by the higher trading volumes than before and also by the market capitalization of the whole sector which became bigger, as the earnings season of the stock market is almost gone. From the technical perspective, we have the MACD and the Stochastic which starting with November have clearly showed the trends and the price direction changes, with only 2 exceptions : * On the 30th of November, when the MACD has crossed the Signal, the price continued it's negative rally despite the "BUY" signal given by the indicator; * On the 15th of January, when the "fast" line of the Stochastic has crossed the "slow" one, we could have been tempted to "BUY" and we could have been disappointed, as the price of Litecoin didn't register any impressive change. On the other hand, it is important to mention that whenever these two parameters have showed the same signal, the price has followed the direction, with the last example registered on 31 January when the actual "bullish" trend has started. Today, based on the lower trading volumes and also on the Stochastic's crossover, we can consider that the "correction" of the price has started and it also has chances to continue in the following days, even if the trend on the 1D Chart is still the same one. And given the actual circumstances, it is possible to see the price getting closer to the Pivot Level first, before trying again to break the Resistance Level of 53.94$.
BITFINEX:LTCUSD
by ReadBTC
Litecoin surprises with a crash at the moment.Hello crypto enthusiast people over there! Today, unfortunately and AGAIN, the news ain't good and one of the top currencies on the market is showing also no success. It was trading at $31.880 by 11:15 (16:15 GMT) on the Investing.com Index on Thursday, down 20.94% on the day. That means that it was the largest one-day percentage loss since September 14, 2017. This decline of LTC value push its market cap down to $2.009B, or 1.58% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.099B. Litecoin had traded in a range of $31.875 to $38.961 in the previous twenty-four hours. During the last week, LTC rose in value and gained 4.38%. The volume of Litecoin traded in the twenty-four hours to time of writing was $604.859M or 2.88% of the total volume of all cryptocurrencies. It has traded in a range of $30.8369 to $40.7998 in the past 7 days. At its current price, Litecoin is still down 92.41% from its all-time high of $420.00 set on December 12, 2017 and expecting to continue to fall during the next week as value. To be in the range of $30-28.
KRAKEN:LTCUSDShort
by UnknownUnicorn3807684
Litecoin is going down...but FOR SURE NOT FOR LONGHello to every crypto enthusiast here! Wanna talk about LTC today, one of our top crypto at the moment, but unfortunately not delighting the community today. Litecoin lost over 5% in the recent 24 hours. A strong sell-off on the cryptocurrency market dragged the 8th largest digital asset down, creating a short-term bearish trend. LTC/USD hit $37.12 on the Christmass eve and shortly spiked above DMA50 for the first time since November 6. Litecoin's market value is registered at $1.79B and average daily trading volumes $463M. However, The Litecoin Foundation has partnered with Ultimate Fighting Championship (UFC), one of the leading mixed martial arts organizations, in a deal to promote the cryptocurrency. I believe that the released news will attract more users to the LTC network and will effect in a good value. Now, LTC is at the red zone but I am sure that overall attention around LTC network initiatives will slightly move it to the green zone. Cannot expect the price raised during next 24 hours based on the latest trend and overall down of other altcoins. I believe the price range is going to be $26,8-27,5
KRAKEN:LTCUSDLong
by AlekseyMarkonov