• On the upside, if price breaks above the $140 price level, the crypto's price will reach the previous high of $160 price level.
• On the downside, if price retraces and breaks below the EMAs, the crypto is likely to fall to a low at $110 or $120 price level.

LTC/USD Medium-term Trend: Bullish

• Resistance Levels: $140, $150, $160
• Support levels: $130, $120, $110

Last week the price of Litecoin was trading in a bullish trend zone. The 12-day EMA and the 26-day EMA are pointing northward indicating that price is in a bullish trend. It was fluctuating between the levels of $130 and $140.

On Jun16, the bulls tested the $140 price level and were resisted. On the downside, if price retraces and breaks below the EMAs, the crypto is likely to fall to a low at $110 or $120 price level. On the upside, if price breaks above the $140 price level, the crypto's price will reach the previous high of $160 price level. The MACD line and the signal line are above the zero line which indicates a buy signal.

LTC/USD Short-term Trend: Rangingh

On the 1-hour chart, the price of Litecoin is in a bullish trend. On June 15, the bulls tested the $140 price level and was resisted. The price retraced to the 26-day EMA and made another upward move to retest the $140 price level.

The bulls were overcome as the price fell to a low at $134 price level. The EMAs are flattening indicating that price has resumed a range bound move. The crypto’s price is fluctuating below and above the EMAs. The MACD line and the signal line are above the zero line which indicates a buy signal.

Litecoin’s price is $182.93 LTC/USD exchange rate today. The real-time LTC market cap of $12.15 Billion currently ranks #8 with , daily trading volume of $1.33 Billion and live coin value change of LTC -1.72 in the last 24 hours.

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