Litecoin Price Prediction: Long-term (LTC) Value Forecast – June 15
- On the upside, the LTC price is likely to rise because the price is in the continuation zone of the 0.236 (23.6%) and 0.382 (38.2%) Fib. retracement levels.
- In addition, if the bulls overcome the $135 resistance level, the price would reach a high of $150 or $160 price level.
LTC/USD Long-term Trend: Bullish
- Resistance Levels: $120, $140, $160
- Support levels: $110, $80, $60
The LTC/USD pair is in the bullish trend zone. The LTC market had earlier traded in a sideways trend. On April 3, the LTC made an upward move but were resisted at the upper price level. The price retraced to the support of the $80 price level and commenced a sideways trend. On May 11, the LTC market resumed a bullish trend.
The crypto’s price is making a series of higher highs and higher lows. The crypto’s price retraced to the support of 12-day EMA at the $100 and $120 price levels but the bulls continue their upward move to the higher price levels. Presently, the crypto’s price is facing resistance at the $135 price level. From the Fibonacci retracement level, the price is at the 0.236 (23.6%) Fib. retracement.
On the upside, the LTC price is likely to rise because the price is in the continuation zone of the 0.236 (23.6%) and 0.382 (38.2%) Fib. retracement levels. In addition, if the bulls overcome the $135 resistance level, the price would reach a high of $150 or $160 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.
Litecoin’s price is $325.19 LTC/USD exchange rate today. The real-time LTC market cap of $21.71 Billion currently ranks #11 with , daily trading volume of $4.4 Billion and live coin value change of LTC 3.84 in the last 24 hours.
Live Litecoin (LTC) Price:
1 LTC/USD =$325.1914 change ~ 3.84%
Latest Litecoin Price Analysis, Chart Forecasts and Blockchain News
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.