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Litecoin price analysis: LTC to break below $50 as bears pave the way for more damage

www.cryptopolitan.com

The Litecoin price analysis is bearish today as the LTC price is following a downwards trend again. The coin has marked a lower low at $50.1 as the bearish trend has been gaining strength since yesterday.

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Bitcoin LTC
$ 103.22

Timeline of Litecoin


Litecoin price analysis: LTC/USD spikes high as bullish momentum inflates to $51.11 - Cryptopolitan

Litecoin price analysis reveals that the LTC/USD prices have spiked high as the bullish momentum continues to inflate. The current market trend is very strong and there is a possibility that the prices might test the $58.00 resistance level soon.


The Most Trustworthy Cryptos to Buy Xchange Monster (MXCH), Solana (SOL) and Litecoin (LTC) - Cryptopolitan

Crypto is developing and has been gaining more and more popularity since the launch of Bitcoin back in 2008. New crypto and projects are being introduced to the market frequently, and the mass adoption of cryptocurrency has been made available to people all around the world.


Litecoin (LTC) Returns to $50 After Rejection From Resistance - BeInCrypto

Litecoin (LTC) is at risk of breaking down from a short-term consolidation pattern, something which could take it towards its June lows at $43. The post Litecoin (LTC) Returns to $50 After Rejection From Resistance appeared first on BeInCrypto.


Litecoin price analysis: LTC/USD exhibits extreme bearish signs at $52.50 - Cryptopolitan

Litecoin price analysis is bearish as LTC/USD depreciates to the $52.50 mark after a bearish run. The bears have taken over the price charts once again and have pushed the prices below the $60 mark.


Litecoin price analysis: Price up again as bullish momentum inflates to $58.58 - Cryptopolitan

Litecoin price analysis shows a bullish trend as the price of Litecoin has surged above the $58.00 resistance level. The LTC/USD pair is currently trading at $58.58, up 4.78% on the day.


Litecoin price analysis: LTC breaks above $55 as bulls try to climb $60 - Cryptopolitan

Litecoin price analysis suggests upwards movement to $60 LTC faces resistance at the $58.20 mark The closest support level lies at $55.10 The Litecoin price analysis shows that LTC has struggled to break above the $55.00 mark in the past few days as the bullish momentum fades. Today, the price has broken above.


Litecoin (LTC) Weekly RSI Falls To New All-Time Low - BeInCrypto

Litecoin (LTC) has been increasing since June 14 but has yet to confirm a potential bullish trend reversal. The post Litecoin (LTC) Weekly RSI Falls To New All-Time Low appeared first on BeInCrypto.


Litecoin Reaches Bullish Exhaustion, May Decline to $40 Low - Coin Idol

The price of Litecoin (LTC) is in a downward correction as it has been stuck above $40 support. The cryptocurrency has been restricted below the 21-day line SMA. The altcoin's upward movement is stalled below the 21-day line SMA.


Litecoin price analysis: LTC/USD loses value at $51.50 after a bearish run - Cryptopolitan

Litecoin price analysis shows that the market is bearish as prices have crashed below $52. After a week-long consolidation phase near $54.50, the bears took control and pushed Litecoin prices below the key support at $52.


Litecoin price analysis: LTC/USD prices slip below $52.55 as market conditions turn bearish - Cryptopolitan

Litecoin price analysis shows that the market has turned bearish with prices slipping below $52.55. Prices have found support at $51.77 and any further decline may see LTC prices testing the $50 handle in the short term.

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