Litecoin Price Prediction for Today 21st June 22 in India: The current trading situation of the LTC / USD market activity shows signs of a cryptocurrency price recovery, with the recent low trading support falling to $ 45. At the time of writing, the stock is trading at a high of $ 55, with 17.52% positive, and is making a concerted effort to push the trade back north.
Litecoin (LTC) Statistics:
LTC Price Now – $ 55.13
LTC Market Cap – $ 3.9 billion
LTC rotation distribution – 70.5 million
LTC total supply – 84 million
Coinmarketcap Ranking – # 18
LTC Trading Key Levels:
Resistance levels: $ 65, $ 75, $ 85
Support levels: $ 45, $ 35, $ 25
LTC / USD – Daily Chart
The daily chart shows that the LTC / USD market is showing signs of recovery after maintaining a downtrend of around $ 45 or above the lower parish channel trend line. The rough trend line pulled tight southward over the smaller SMA. The 50-day SMA indicator is above the 14-day SMA indicator. Stochastic oscillators travel north from the depths of the best-selling area and approach the upper limit of 80.
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Will the LTC / USD market decline soon on its recovery trajectory?
Probably, the LTC / USD may face market rejection About $ 65 and $ 75 anti-trading points are currently showing signs of recovery soon. Buyers are likely to call everyone who looks appropriate if there are only a few. The value for that effect is about the $ 45 support level.
On the downside of technical analysis, the LTC / USD market bears may be ready to relocate to a high point above the $ 85 resistance level at a very high rate before pushing the market downwards. Sellers need to be very careful before getting a good sales entry 14-day SMA indicator at $ 58
LTC / BTC price analysis
In comparison, That’s Litecoin Trending potential against bitcoin is increasing. The current LTC / BTC price analysis chart, in conjunction with its counter crypto, shows signs of recovery through basic trading crypto. There is a rough trend line above the 14-day SMA indicator with a 50-day SMA indicator. The 14-day SMA trend line is below the 50-day SMA trend line. Stochastic oscillators are the most expensive area, and they are integrated inside. Today’s elegant candle emerges, which is above the big SMA. A downward reversal against that would indicate that LTC trading could lose its momentum again to the primary counter crypto in the long run.
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Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.