Litecoin Price Prediction Today: Daily (LTC) Value Forecast – July 22
- On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the crypto’s price will rise and retest the $140 overhead resistance level.
- On July 16, the downward correction ended at the $80 price level.
LTC/USD Medium-term Trend: Ranging
- Resistance Levels: $100, $110, $120
- Support levels: $80, $70, $80
Last week the price of Litecoin was trading in a bearish trend. The LTC price was in a range bound move below the EMAs. The market had been on a downward trend since June 23 after the bulls were resisted at the $140 price level. The bears broke the EMAs to reach the bearish trend zone.
On July 16, the downward correction ended at the $80 price level. The $80 support level was the previous low of April 11 and May 6. The support level was holding as the bulls made an upward move towards the EMAs. The bulls failed to break above the EMAs as the former continues to range below the EMAs.
On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the crypto’s price will rise and retest the $140 overhead resistance level. However, the bulls are likely to face resistance at the $120 price level. The MACD line and the signal line are below the zero line which indicates a sell signal.
LTC/USD Short-term Trend: Ranging
On the 1-hour chart, the LTC price is in a range bound move . The 12-day EMA and the 26-day EMA are sloping horizontally. On July 20, the crypto’s price reached a high of $104 and price fell to the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.
Litecoin’s price is $173.11 LTC/USD exchange rate today. The real-time LTC market cap of $11.5 Billion currently ranks #8 with , daily trading volume of $1.53 Billion and live coin value change of LTC 0.33 in the last 24 hours.
Live Litecoin (LTC) Price:
1 LTC/USD =$173.1061 change ~ 0.33%
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