Litecoin Price Prediction Today: Daily (LTC) Value Forecast – July 1
- In the previous week, the market was trading below the $140 price level as the bulls failed to break it.
- The coin is currently trading in the 0.382 Fib.retracement level.
LTC/USD Medium-term Trend: Bullish
- Resistance Levels: $140, $150, $160
- Support levels: $120, $110, $100
Last week the LTC/USD pair reached the $140 overhead resistance level. In the previous week, the market was trading below the $140 price level as the bulls failed to break it. The LTC market was also on a downward correction as the price fell to the $110 support level. At the support level, the market went up to $130 price level and back to the support level. From the Fibonacci tool, the LTC price fell to the downtrend zone of 0.50 Fib. retracement level.
The Fib. retracement level was holding as the bulls make an upward move to the continuation zone. The coin is currently trading in the 0.382 Fib.retracement level. If the bears break the 0.382 Fib. retracement the second time, the crypto may not survive the downtrend. The MACD line and the signal line are above the zero line which indicates a buy signal.
LTC/USD Short-term Trend: Bearish
On the 1-hour chart, the LTC price is in a bearish trend. The coin was trading below the $135 price level. On June 29, the bulls tested the $135 price level but fell to the support of the 26-day EMA.
On June 30, the bulls were also resisted and the price fell to support of the EMAs. After a range bound move above the EMAs, the price fell to the support level at $120 price level. Litecoin is hovering above the $120 price level. The MACD line and the signal line are above the zero line which indicates signal.
Litecoin’s price is $177.16 LTC/USD exchange rate today. The real-time LTC market cap of $11.77 Billion currently ranks #8 with , daily trading volume of $2.25 Billion and live coin value change of LTC -7.24 in the last 24 hours.
Live Litecoin (LTC) Price:
1 LTC/USD =$177.1558 change ~ -7.24%
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