Litecoin Price Prediction Today: Daily (LTC) Value Forecast – July 16
- July 15, the price of Litecoin might have ended its downward correction at a low of $90 price level.
- On the downside, if the bearish pressure continues, the LTC price will further depreciate to a low at $75.
LTC/USD Medium-term Trend: Bearish
- Resistance Levels: $100, $110, $120
- Support levels: $80, $70, $80
Yesterday, July 15, the price of Litecoin might have ended its downward correction at a low of $90 price level. The coin has entered the second day of its range-bound move above the support level. On July 14, the LTC price level fell to a low of $89 price level. This was the previous low of May 22 where the crypto made an upward move above the EMAs to reach the $140 overhead resistance level.
On the upside, if the $90 support level holds, the crypto’s price will rise to test or break the EMAs to reach the bullish trend zone. On the downside, if the bearish pressure continues, the LTC price will further depreciate to a low at $75. The MACD line and the signal line are below the zero line which indicates a sell signal.
LTC/USD Short-term Trend: Bearish
On the 1-hour chart, the LTC price is in a bearish trend. The 12-day EMA and the 26-day EMA are trending southwardly. Yesterday, the crypto’s price fell and was fluctuating below and above the $90 price level. Presently, the price is ranging below the EMAs and the $90 support level The MACD line and the signal line are below the zero line which indicates a sell signal.
Litecoin’s price is $172.14 LTC/USD exchange rate today. The real-time LTC market cap of $11.46 Billion currently ranks #8 with , daily trading volume of $1.2 Billion and live coin value change of LTC 6.78 in the last 24 hours.
Live Litecoin (LTC) Price:
1 LTC/USD =$172.1406 change ~ 6.78%
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