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LTC

Bullish Breakout Alert: Litecoin Targets $88.64After the dip in early August, Litecoin established a clear channel, moving consistently with higher highs and higher lows. The price has risen steadily from around $55 up to the $76 mark. The current structure suggests strong bullish momentum within this channel. If Litecoin manages to break out from the upper boundary of this channel, it may test the next major resistance level near $88.64. This breakout could present an upside of about 14%, targeting a price of around $88.64. However, a failure to break out might lead to a retracement back to the channel’s lower support line.
Long
by TheCryptoCity
LTC trianglesLTC price action goes through descending triangles. Every triangle takes longer to play out (lengthening cycles) First triangle was from mid 2017 to beginning of 2019. (yellow triangle) Second triangle from beginning 2019 to 2021. (orange triangle) Third triangle took from 2021 till 2024. (red triangle) The base of every next triangle is set at the last upper touching point of previous triangle (last candle that touched resistance before breakout). Bullrun after breakout from red triangle was rejected for now by green line, which has been important level since 2018 (app. 100 EUR). It also coincides with the last touch point before breakout from red triangle. This green line is very important level LTC needs to break before it can go into bullrun mode. Stoch RSI on the monthly is below 20, curving towards the upside. And RSI on LTCBTC chart has been creating higher lows since January this year while price action has been making lower lows (bullish divergence). Could this be the much needed push?
Long
by carefulCheese32259
4
What Is Driving the High Activity of Litecoin Whales?**Litecoin Whales Are Active: Over 50% Of Market Cap Being Shifted Around Daily** On-chain data shows that Litecoin whales have been active recently, as the network has handled many large moves. **What is a Whale?** In the cryptocurrency world, a whale is an individual or entity that holds a significant amount of a particular cryptocurrency. Whales can influence the market by buying or selling large amounts of a cryptocurrency, which can cause significant price fluctuations. **Litecoin Whale Activity** Recent on-chain data has revealed that Litecoin whales have been particularly active in the past few weeks. Large transactions, often exceeding millions of dollars, have been observed on the Litecoin network. This increased activity suggests that whales may be accumulating or distributing their holdings. **Why is Whale Activity Important?** Whale activity can have a significant impact on the price of a cryptocurrency. When whales buy large amounts of a cryptocurrency, it can drive up demand and push the price higher. Conversely, when whales sell large amounts of a cryptocurrency, it can increase supply and put downward pressure on the price. In the case of Litecoin, increased whale activity could be a bullish sign. It suggests that large investors believe in the long-term potential of the cryptocurrency and are willing to accumulate more coins. This could lead to increased demand and higher prices. **Potential Reasons for Whale Activity** There are several potential reasons for the recent increase in Litecoin whale activity: 1. **Halving Event:** Litecoin is scheduled to undergo its next halving event in August 2023. A halving event reduces the number of new coins minted, which can lead to increased demand and higher prices. Whales may be positioning themselves to benefit from the upcoming halving event. 2. **Institutional Adoption:** Institutional investors have been increasingly interested in cryptocurrency. Litecoin, with its established track record and strong community, could be an attractive investment option for these institutions. Whale activity could be a sign of increased institutional interest. 3. **Market Speculation:** Whales may be taking advantage of market volatility to profit from price fluctuations. By buying low and selling high, whales can generate significant returns. **Conclusion** The recent increase in Litecoin whale activity is a noteworthy development. It suggests that large investors are taking an interest in the cryptocurrency and may be positioning themselves for future gains. While it's impossible to predict the exact impact of whale activity on the price of Litecoin, it's clear that it could play a significant role in shaping the future of the cryptocurrency. **Disclaimer:** This article is for informational purposes only and should not be construed as financial advice. Always conduct thorough research or consult with a financial advisor before making investment decisions.
COINBASE:LTCUSDLong
by bryandowningqln
1
LTC/USDT 1D interval chart reviewHello everyone, I invite you to a quick review of the current situation on the LTC to USDT chart, taking into account the interval of one day. As we can see, the price moved sideways from the downward trend line, which resulted in dynamic upward movements. Currently, we can see how the price has bounced off the very strong resistance zone from $106 to $113, only when we manage to move up from this zone will we be able to see an upward movement towards the resistance at $142. Looking the other way, we can see support at $92, then we have a visible level at $82, if the price continues its downward movement, strong support will be found at $68.
by cryptodailyuk
LTC Breaking above tan invh&s neckline, right on goldencrossI have the weekly chart timeframe selected here simply because I needed to expand the timeframe on the chart to be able to fit both inverse head and shoulders patterns and their respective breakout targets in the frame. Wanted to put the timeframe on the daily chart so. Could show once again how these recent crypto pumps have all being launching on the exact day that the Daly golden cross occurs. I will post. Daily chart version of this as well that zooms in on the golden cross and subsequent priceaction and link it below. Anyways it looks like on this 2nd breach above the tan neckline that Litecoin is likely to finally trigger a breakout ths go around. If so the highest measured move target is in the $170s here, and reaching it will obviously also allow us to hit the white inverse head and shoulders breakout target too on the way there. In order to ensure that price acton doesn’t dip back below the tan neckline for a second time, it will need to flip the weekly 200ma(blue line) to solidified support once that happens I think it will definitely confirm the breakout at that point. Alt season has officially began! *not financial advice*
COINBASE:LTCUSD
by DrDovetail
1
LTC seems to be entering a bullish phaseLitecoin seems to be completing a large triangle pattern. After such triangles, a strong pump usually follows. As long as it holds the green zone, it could shoot towards the targets. The targets are marked on the chart. A daily candle closing below the invalidation level would invalidate this analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
CRYPTO:LTCUSD
by behdark
5
Litecoin LTC Will Surprise You!Hello, Skyrexians! According to your activity we can see that you are interested in old altcoins. We have already considered DOGE and XRP, today it's time for COINBASE:LTCUSD . In our opinion Litecoin can show the best performance in this bull market. Let's take a look at the weekly time frame. We can see that bull run in 2017 was the global impulsive wave 1. After that price is going sideways for 7 years! We assume that this is global wave 2 in shape of flat correction which has the clear ABC structure. This wave has been finished inside the 0.61 Fibonacci retracement level. Current price action looks like pre-pump formation. We can see that Bullish/Bearish Reversal Bar Indicator printed the green dot recently. As you can see in the past this is very strong signal which will likely lead to a great uptrend. This uptrend is going to be global wave 3 which has the targets between 1.61 and 2.61 Fibonacci levels at $740 and $1200. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
COINBASE:LTCUSDLong
by Skyrexio
20
Litecoin's historical pattern & Fib logA few weeks back I made a chart on Litecoin named "Litecoin and it's historical patterns" linked in this chart down bellow. This is literally the same exact chart but I've added the "LTC Log Curves based on Fibonacci math sequence. Look at how good it's fit on the original analysis! On the bottom I have the "Litecoin Wizard" I'm not entirely sure what this is based on but I do believe it's on chain information. I have added to this indicator a support level (buy area) and a Litecoin hyper level that is above the yellow line and heavy profit taking area. As we can see it's not there very long, so when it is take advantage of it. Back the log curves, assuming LTC stays within a this growth channel and doesn't break below the green area, we can reasonably say that eventually LTC will hit the top of this curve (red area) again one day in the future. That area if hit sits at a possible 2500 LTC in 2025 to 2026. You have to keep in mind that it might never hit the top of the channel ever again, there is no guarantee of it. By combining both of these indicators one could find a very good sell area and take profits in the future and then re apply it to rebuy again after that. This is not a prediction or a buy recommendation by no means. It's a simple observation using specifically designed indicators. Thanks for looking & leave a comment on what you see down below WeAreSat0shi Stay Blessed!
KRAKEN:LTCUSDLong
by WeAreSat0shi
13
LITECOIN: Road to the All-Time High!LTC recently broke above the triangle pattern and is gearing up for a potential strong rally. However, it still needs to break above the resistance at $113. Accumulating between $70 and the current market price offers the best entry range. With its current market cap of $6.76 billion and an overall rank of No. 26, if LTC reaches the $300–$400 range, it could secure the 8th or 9th rank with a market cap of approximately $34 billion. Trading strategy: ~ Accumulation: $70 to CMP. ~ Trade type: Spot. ~ Period: Long-term. ~ Target: $184, $283, $413. Note: Always do your own research and analysis before investing.
Long
by Dexter_The_Trader
Alt coins ready to run ANKR, BAT, LINK, RNDR, DOT, LTC, LRC, ETCThis market is great for trading trend lines, look at this chart as an example, the two thick dark purple likes. The short one represented resistance for about 5 months, we finally broke that resistance and we broke out, we ran to top of what had been resistance for about 18 months, we had a small hiccup in both places and the break out from that trend line lead to XLM running virally, up to 65% in one day. Every day there are may assets reaching towards a break out point, and that's what I try to look for. I start on 1 day charts and then come down to a 4h or 1h candle, really no since in going to a shorter candle unless you are looking for precision entry. The main thing to take away from this is that when an asst breaks a resistance it tends to run, many times first coming down and proving that line to be support instead of resistance, then taking off, sin any case, the break of a trend line is generally a fuse lit for a run. The longer the resistance, the more times its resisted and then it breaks out, the break out tends to be stronger. Here are some alts i have been watching that seem to be staging breakouts or possibly in an early stage of the breakout. I like ENJ, ANKR, BAT, LINK, RNDR, DOT, 1INCH, mostly these are midcap, but they have started to break out from recent trends. I kind of like LTC, LRC, ETC, ATOM, BNT, MASK, MPL. Higher risk, but they have staged a breakout and most of these have lower marketcap so easier for them to get pushed further. Lots of other coins nearing some breakout points as well, they seem to be coming in waves with each day throwing us some 20,50, even 100% gains some times. I will try to post another update of break outs soon but in between all the trading and working to try to make my ai tech startup do something, my time is short. That also can lead me to evaluate things too quickly sometimes so don't just take what I say as a trigger to pull, use it as a flag to get your interest in evaluating these things yourself. The market is very bullish right now and there is a lot of opportunity to make nice gains and also to lose a lot buying the dead end of a recent run. Be vigilant.
Long
by EncryptShawn
LTC | ALTCOINS | BIG Gainer OR Sinking Ship?LTC has been on my watchlist for many, many months - much to my annoyance. Compared to other altcoins such as DOGE, LTC is just not growing, and hasn't been for the better part of two years as it is unable to breakout above $110. This we see evidently when we pull up the DOGE chart in comparison, and the BTC chart to really get an idea of just how bullish we are - a sentiment that is just not showing p on the LTC chart. WHEN the TOTAL3 peaks out above BTC , altcoins would have completed their runs. (More on that subject here): We're still some time away from this; meaning that there is still hope for LTC. However, IF LTC can't move PAST these resistance zones I'd have to just face the facts and put it in the same boat as XRP and ADA. _______________________ BINANCE:LTCUSDT BINANCE:LTCBTC
by CryptoCheck-
1