Litecoin Price Prediction Today: Daily (LTC) Value Forecast – July 2
- The coin has a downward correction to a low at $110 on June 27.
- The price is likely to continue its fall to the 0.786 Fib. retracement level.
LTC/USD Medium-term Trend: Bearish
- Resistance Levels: $140, $150, $160
- Support levels: $110, $100, $90
Yesterday, July 1, the price of Litecoin was on a downward correction. The LTC/USD pair reached its overhead resistance at a price of $140. On June 23, the bulls were resisted and the market was on a downward correction. The coin has a downward correction to a low at $110 on June 27.
At the $110 support level, the bulls made an upward move to reach a high of $134 but were resisted. The market has gone back to its low at $119. From the Fibonacci tool, the price of Litecoin is in the downtrend zone of 0.618 Fib. retracement level. The price is likely to continue its fall to the 0.786 Fib. retracement level. The MACD line and the signal line are above the zero lines which indicates a buy signal.
LTC/USD Short-term Trend: Bearish
On the 1-hour chart, the LTC price is in a bearish trend. On June 29, the bulls made an upward move but were resisted at the $135 price level. The price fell to the support of the 26-day EMA. The bulls make another attempt on June 30 but were overpowered by the bears. The market fell to its low at $119 price level. The MACD line and the signal line are above the zero line which indicates a sell signal.
Litecoin’s price is $173.40 LTC/USD exchange rate today. The real-time LTC market cap of $11.55 Billion currently ranks #9 with , daily trading volume of $1.19 Billion and live coin value change of LTC -6.91 in the last 24 hours.
Live Litecoin (LTC) Price:
1 LTC/USD =$173.4046 change ~ -6.91%
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