Litecoin Price Prediction: Long-term (LTC) Value Forecast – July 27
- The LTC price was depreciated by 27.86% of its capitalization in July 2019.
- On June 23, the bulls were resisted at the $140 price level.
LTC/USD Long-term Trend: Bearish
- Resistance Levels: $100, $110, $120
- Support levels: $90, $80, $70
The LTC/USD pair was in a bearish trend in July 2019. On June 22, the pair reached a high of $140 and were resisted. On July 1, the LTC price has an opening balance of $122 and a closing balance of $88 as of July 27, 2019. The coin was depreciated by 27.86% of its capitalization in July 2019. On June 23, the bulls were resisted at the $140 price level. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone.
On July 16, the downward trend was corrected at the support of the $80 price level. On July 17, the bulls made an upward move to break above the EMAs but were resisted. The LTC market is now in a range-bound move 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 $163.96 LTC/USD exchange rate today. The real-time LTC market cap of $10.89 Billion currently ranks #8 with , daily trading volume of $1.26 Billion and live coin value change of LTC -4.97 in the last 24 hours.
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