Litecoin Price Prediction for Today, September 22 – LTC Technical Analysis

The Litecoin value prediction exhibits that LTC is recovering from the day by day opening value on the $7.40 degree as the worth heads to the upside.

Litecoin Prediction Statistics Information:

Litecoin value now – $66.90
Litecoin market cap – $5.0 billion
Litecoin circulating provide – 75 million
Litecoin whole provide – 84 million
Litecoin Coinmarketcap rating – #20

Early adopters of the Litecoin (LTC) token have seen huge features, with its value rising +5879.85% since its all-time low of $1.11 in 2015. Regardless of being down from its all-time excessive of $412.96 in 2021, the token stays energetic, buying and selling between $64.89 and $66.98 prior to now 24 hours, showcasing ongoing market curiosity.

LTC/USD Market

Key Ranges:

Resistance ranges: $80.0, $85.0, $90.0

Assist ranges: $50.0, $45.0, $40.0

On the day by day chart, LTC/USD has been consolidating throughout the channel, the place the worth is making decrease highs and decrease lows. This channel fashioned after LTC failed to take care of its momentum above the important $67 resistance degree, which has traditionally acted as each assist and resistance. The failure to interrupt by this degree could trigger a retreat, which may result in downward stress.

Litecoin Worth Prediction: Litecoin (LTC) Could Break to the Upside

Lately, Litecoin has additionally fashioned a symmetrical triangle inside this descending channel. This sample signifies a consolidation part, narrowing the worth motion between converging assist and resistance ranges. The symmetrical triangle sometimes indicators a possible breakout, although it may go in both route relying on market forces. In the meantime, Litecoin’s present value is squeezing between these boundaries, and we’re awaiting a big transfer.

Nevertheless, a key assist degree inside this setup is round $64.0, which aligns with the 9-day and 21-day shifting averages. Due to this fact, if Litecoin breaks down under this assist, the subsequent transfer could possibly be a deeper correction, doubtlessly focusing on this lower cost degree which may hit the helps at $50.0, $45.0, and $40.0. However, a breakout above the channel’s higher boundary may push LTC towards the $75 degree, offering a short-term bullish alternative across the resistance ranges of $80.0, $85.0, and $90.0.

LTC/BTC Might Head to the Upside

Towards Bitcoin, the Litecoin value is heading to the north because the coin strikes to cross above the 9-day and 21-day shifting averages, buying and selling at 1058 SAT. Due to this fact, following the latest detrimental signal, the present market motion could start to comply with upward motion if the consumers push the worth above the channel’s higher boundary.

Furthermore, as quickly because the bulls improve the stress, the market value may hit the resistance degree of 1200 SAT and above. In the meantime, a retest under the channel’s decrease boundary may decrease the worth to the assist degree of 880 SAT and under.

Nonetheless, @AltCryptoTalk knowledgeable his 26k+ followers on X (previously Twitter) that certainly one of his favourite OG cryptos is approaching the important thing $50 mark, signaling a possible alternative for lengthy positions. He famous that for bulls to regain management, a momentum candle closing above the $69 excessive is essential. 🚀 Full crypto market evaluation is obtainable within the feedback under!

$LTC – @litecoin

One in all my favourite OGs 👑

Because it approaches the numerous spherical variety of $50, we can be looking ahead to lengthy alternatives.

For the bulls to regain management, a momentum candle shut above the $69 excessive is required.🚀

Full evaluation of the crypto market within the… pic.twitter.com/F90AC10pdF

— AltCryptoTalk (@AltCryptoTalk) September 20, 2024

Alternate options to Litecoin

The Litecoin value may break above the channel’s higher boundary if shopping for stress intensifies, doubtlessly surpassing the $68.0 resistance, because the bullish momentum features traction. In the meantime, Pepe Unchained is attracting important curiosity within the crypto area, exemplified by a whale’s latest $60,000 funding. This substantial buy displays rising confidence within the token’s potential, with buyers eyeing excessive returns as Pepe Unchained raises $14.6 million in its presale, positioning early consumers for potential future features.

Pepe Unchained Whales Are Loading Up. Now Is The Time To Get In

Pepe Unchained presents a novel funding alternative for these trying to capitalize on the upcoming crypto market rally. With predictions of the token’s worth skyrocketing effectively above $0.50 and a whale already making a big $60,000 funding, it’s clear there’s rising confidence in its potential.

Go to Pepe Unchained

Associated Information

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$10+ Million Raised at ICO – Ends Quickly