LTC/USD May Cross Above $100 Level

The Litecoin price prediction could set a bullish run if the market can attempt to climb back above the resistance level of $95.

Litecoin Prediction Statistics Data:

• Litecoin price now – $91.10
• Litecoin market cap – $6.6 billion
• Litecoin circulating supply – 72.7 million
• Litecoin total supply – 84 million
• Litecoin Coinmarketcap ranking – #12

LTC/USD Market

Key Levels:

Resistance levels: $115, $120, $125

Support levels: $70, $65, $60

LTC/USD is running a little retracement move towards $100 with price growth of 3.13%. For the fact that the coin is recording a slight gain, the Litecoin price may begin to maintain a bullish movement within the channel if the coin can cross above the 9-day and 21-day moving averages. Therefore, traders can expect the price to continue to rise as soon as the bulls put more pressure on the market.

Litecoin Price Prediction: Litecoin (LTC) May Spike to the Upside

At the time of writing, the Litecoin price is seen hovering at $91.10. If the Litecoin price crosses above the 9-day and 21-day moving averages, the market price may rise toward the upper boundary of the channel. However, traders can then expect a bullish continuation and as the technical indicator Relative Strength Index (14) reveals, the signal line is seen moving to cross above the 50-level, the possible resistance levels could be located at $115, $120, and $125 respectively.

However, if the coin continues to move in the positive direction, the market may witness more of higher levels. At the time of writing, the Litecoin price is currently moving sideways in the short term. On the contrary, any bearish movement toward the lower boundary of the channel could roll the coin back to the long-term support at $70, $75, and $60 levels.

Against Bitcoin, the Litecoin price continues to follow a downward movement but currently crossing above the 9-day and 21-day moving averages. Meanwhile, in case of a trend reversal, there is a need for an increasing volume and resistance to cause an upsurge in the market, if not, the market may begin to range-bound.  At the moment, Litecoin (LTC) is hovering at 3279 SAT. Therefore, traders can expect close support at 2500 SAT and below.

However, if the buyers push the Litecoin price above the channel, it could hit the nearest resistance level of 3500 SAT; traders can then confirm a bull run for the coin and the potential resistance could be located at 4000 SAT and above while the technical indicator Relative Strength Index (14) crosses above the 50-level.

Litecoin Alternatives

The Litecoin price will likely cross above the 9-day and 21-day moving averages after a major recovery from the daily low of $87.19. This shows that buyers may continue to have the upper hand in the price movement, and they could easily push the coin to the north. However, Love Hate Inu is a trending crypto project that is building a vote-to-earn ecosystem. Its native token, LHINU, is currently available to buy at presale prices and around $7 million has been raised so far.

Love Hate Inu – Newest Meme Coin

• Decentralized Polling – Vote to Earn
• Early Access Presale Live Now – Ends Soon
• $5 Million Raised
• Featured in Yahoo Finance, Bitcoinist
• Mint Memes of Survey Results as NFTs
• Staking Rewards
• Viral Potential, Growing Community