Litecoin Price Prediction: Long-term (LTC) Value Forecast – July 20
- On the upside, if the bulls break above 12-day EMA and the 26-day EMA, the crypto's price will rise and retest the $140 overhead resistance.
- The $80 support level was the previous low of May 8 where the downward trend was correction.
LTC/USD Long-term Trend: Bearish
- Resistance Levels: $100, $110, $120
- Support levels: $90, $80, $70
The LTC/USD pair had been on a downward trend since last week. On June 23, the bulls were resisted at the $140 overhead resistance and the LTC market was on a downward correction to a low at $80 on July 16. The $80 support level was the previous low of May 8. On May 8, the bulls took control of price and made an upward move to the high of $140 price level. The bulls were unable to break the $140 resistance level and the market fell to a downward correction.Today, the LTC price is now trading in the bearish trend zone below the EMAs.
On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the crypto's price will rise and retest the $140 overhead resistance. However, if the bulls fail to break above the EMAs, the coin will continue to fluctuate below the EMAs. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.
Litecoin’s price is $295.92 LTC/USD exchange rate today. The real-time LTC market cap of $19.75 Billion currently ranks #11 with , daily trading volume of $2.94 Billion and live coin value change of LTC -2.08 in the last 24 hours.
Live Litecoin (LTC) Price:
1 LTC/USD =$295.9248 change ~ -2.08%
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