Litecoin Price Prediction Today: Daily (LTC) Value Forecast – June 11
- On the upside, if the bulls break the $130 price level, the market will reach the highs of $150 and $160 price levels.
- Yesterday, the price of Litecoin reached a high of $130 price level but it was facing resistance at that level.
LTC/USD Medium-term Trend: Bullish
- Resistance Levels: $130, $140, $150
- Support levels: $120, $110, $100
Yesterday, June 10, the price of Litecoin was trading in a bullish trend. The coin was making a series of higher highs and higher lows. The price was making a beautiful bullish move above the trend line and the Fibonacci tool. At the 0.786 Fib. level, the crypto made a bullish move to the 0.50 Fib. retracement level.
Then it retraced to the support of the trend line. At the support level of the trend line, the crypto made another bullish move to the high of the 0.236 Fib. retracement level. At the recent high of the 0.236 Fib. level, the price retraced to the trend line and made another upward move. The LTC market has reached the $130 price level in the 0.236 Fib. retracement level. This is the continuation zone of the Fib. level. Meanwhile, the bullish market is facing resistance at the $130 price level.
LTC/USD Short-term Trend: Bullish
On the 1-hour chart, the price of Litecoin is in a bullish trend. In the previous week, the price of Litecoin was in a sideways trend. This week the moving averages are pointing northward indicating that price has resumed a bullish movement.
Yesterday, the price of Litecoin reached a high of $130 price level but it was facing resistance at that level. On the upside, if the bulls break the $130 price level, the market will reach the highs of $150 and $160 price levels. The MACD line and the signal line are above the zero line which indicates a buy signal.
Litecoin’s price is $198.78 LTC/USD exchange rate today. The real-time LTC market cap of $13.24 Billion currently ranks #9 with , daily trading volume of $1.23 Billion and live coin value change of LTC 5.53 in the last 24 hours.
Live Litecoin (LTC) Price:
1 LTC/USD =$198.7772 change ~ 5.53%
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