Litecoin Price Prediction: Bulls Aim Strong Increase Above $100

Name	Symbol	Market	Market Cap ($)	Algorithm
Litecoin	LTCUSD	Crypto	6,081,136,802	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Litecoin

LTCUSD

Crypto

6,081,136,802

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	1.86	2.32%	82.05	82.05	82.06

Price Change

Price Change %

Current Price

Bid Price

Offer

1.86

2.32%

82.05

82.06

High Price	Low Price	Open Price	Prev. Close	52 Week Range
82.46	78.66	80.25	80.19	57.64 - 114.98

High Price

Low Price

Open Price

Prev. Close

52 Week Range

82.46

78.66

80.25

80.19

57.64 - 114.98

Exchange	Last Trade	Size	Trade Price	Currency
BSTP	12:10:03	35.23	82.07	USD

Exchange

Last Trade

Size

Trade Price

Currency

BSTP

12:10:03

35.23

82.07

USD

Price x Volume	Volume	Base Symbol	Related Pairs
8,657,733.17	107,739.76	LTC	LTCEUR	LTCGBP	LTCBTC

Price x Volume

Volume

Base Symbol

Related Pairs

8,657,733.17

107,739.76

Litecoin Price Prediction: Bulls Aim Strong Increase Above $100

07/02/2023 4:57am

NEWSBTC

Litecoin price is showing positive signs above the $90 zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $100 resistance. Litecoin started a fresh increase above the $92 zone against the US Dollar. The price is now trading above $92 and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $94.40 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The price could start another surge if there is a clear move above the $100 resistance. Litecoin Price Outpaces Bitcoin This past week, litecoin price formed a support base above the $88 level against the US Dollar. LTC price started a steady increase above the $92 resistance zone, similar to bitcoin and ethereum. The bulls were able to push the price above the $100 resistance. A new yearly high was formed near $102.38 before there was a downside correction. There was a move below the $100 level. The price declined below the 23.6% Fib retracement level of the upward move from the $88.38 swing low to $102.38 high. Litecoin price is now trading above $92 and the 100 simple moving average (4-hours). There is also a major bullish trend line forming with support near $94.40 on the 4-hours chart of the LTC/USD pair. Source: LTCUSD on TradingView.com On the upside, an immediate resistance is near the $100 zone. The next major resistance is near the $102.50 level. If there is a clear break above the $102.50 resistance, the price could start a strong increase. In the stated case, the price is likely to continue higher towards the $112 and $115 levels. Any more gains might send ltc price towards the $120 resistance zone. Dips Supported in LTC? If Litecoin price fails to clear the $102.50 resistance level, there could be another downside correction. An initial support on the downside is near the $96.00 level. The first major support is forming near the $95 level or the 50% Fib retracement level of the upward move from the $88.38 swing low to $102.38 high or the trend line. Any further losses may perhaps send the price towards the $88 support. Technical indicators: 4-hours MACD – The MACD is now gaining pace in the bullish zone. 4-hours RSI (Relative Strength Index) – The RSI for LTC/USD is above the 50 level. Major Support Levels – $96.00 followed by $94.20. Major Resistance Levels – $100.00 and $102.50.

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LTCUSD Litecoin