Litecoin Price Prediction: Long-term (LTC) Value Forecast – June 29
- On the upside, if the bulls break the EMAs and price is sustained above, the crypto will retest the $140 price level.
- On June 22, the price of Litecoin reached a high of $140 price level.
LTC/USD Long-term Trend: Bullish
- Resistance Levels: $140, $150, $160
- Support levels: $120, $110, $100
The LTC/USD pair is in the bullish trend zone. On June 22, the price of Litecoin reached a high of $140 price level. The bulls could not sustain hold of $140 support level as they were overpowered by the bears on June 23. The LTC market was on a downward correction to a low at $114 price level on June 27.
The $114 support level was holding as the bulls make an upward move to the previous highs. The crypto’s price is below the EMAs despite a bullish move to the upper price levels. On the upside, if the bulls break the EMAs and price is sustained above, the crypto will retest the $140 price level. On June 1, LTC price has an opening balance of $76 and a closing balance of $119 as at June 28.
The LTC/USD pair price has appreciated by 56% of its capitalization in June 2019. From the Fibonacci tool, the price fell to the 0.50(50%) Fib. retracement level which was a downtrend zone. The price was held at 0.50(50%) Fib. retracement level as the bulls took control of price. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.
Litecoin’s price is $302.84 LTC/USD exchange rate today. The real-time LTC market cap of $20.22 Billion currently ranks #10 with , daily trading volume of $4.36 Billion and live coin value change of LTC 6.70 in the last 24 hours.
Live Litecoin (LTC) Price:
1 LTC/USD =$302.8446 change ~ 6.70%
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