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.
LTC
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.
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.
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BINANCE:LTCUSDT BINANCE:LTCBTC
#LTC/USDT#LTC
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 67.70
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 72.00
The first target is 80.50
The second goal is 88.54
Third goal 99.01
LTC breakout, buying opportunity potentialLittle more than a few days ago I posted a very similar breakout for XRP. The market answered and we sore some parabolic upward lunges. LTC has been slow to react to the overall bullish sentiment within the market. But as before, I've been monitoring it closely and awaiting a potential buy signal. Today, it looks as though there is an event, MACD and volume breakout to give us a very strong buying signal. I just wonder if we'll see the types of lunges we saw with XRP and whether this overall trend line breakout and orgasmic upward lunge that we saw with XRP will be typical with other coins. Perhaps LTC is next? I'm on the train, let's put it that way. Follow for more.
Litecoin (LTCUSDT): 350% Profit DONE!The 4-hour Litecoin chart demonstrates a flawless long trade setup, with all targets smashed and traders pocketing 350% gains on leveraged positions. This trade proves yet again the power of precision technical setups.
Trade Highlights:
Entry Price: $69.68
Stop Loss: $67.04 (minimal risk exposure)
Profit Targets:
TP1: $72.95 ✅
TP2: $78.25 ✅
TP3: $83.54 ✅
TP4: $86.81 ✅
Observations:
Strong Momentum: Litecoin showed consistent upward movement, confirming a strong trend supported by market sentiment.
Indicator Alignment: The trade was signaled by the Risological Swing Trader, ensuring a high-confidence entry with clear targets.
Leverage Efficiency: At 10x leverage, this trade generated an astonishing 350% return on investment, making it a significant win for LTC bulls.
Market Outlook:
Litecoin's breakout performance underscores its bullish potential. While profit-taking at this level is advised, the upward trajectory hints at further opportunities ahead.
Congratulations to all who capitalized on this spectacular trade! 🚀
LTC thesis with RAG AI by Titan_KarmaGiven the current market conditions for LTC, there is a favorable opportunity to consider entering a LONG position. The recent news surrounding regulatory changes positively impacting altcoins, along with the bullish sentiment reflected in the financial analysis, suggests a potential upward movement for LTC. The price of LTCUSDT is currently at $89.74, with a significant trading volume of approximately 1.78 million, indicating strong market interest.
The technical analysis indicates a strong bullish trend, particularly on the daily timeframe where the RSI is above 70, suggesting overbought conditions. However, caution is warranted as the price approaches the upper Bollinger Band and resistance levels. The short-term indicators (1h and 15m) suggest a potential consolidation phase, which may lead to a pullback. Therefore, it is essential to monitor price action closely around the resistance levels and consider setting stop-loss orders to protect gains.
Incorporating real-time data from Coinglass, the open interest and funding rates indicate a bullish sentiment, which aligns with the current market dynamics. The long-short ratio consistently above 0.6 further supports the decision to consider a LONG position.
coinglass_data: The latest open interest for LTC shows a steady increase, indicating growing confidence among traders. The weighted funding rate remains positive, suggesting that long positions are favored. Liquidation levels are currently stable, providing a conducive environment for potential upward movement.
binance_data: The order book dynamics reveal significant buy walls at key support levels, which could act as a buffer against downward price movements. The price action signals indicate a bullish momentum, with candlestick patterns suggesting potential breakouts.
coinmarketcap_data: The volume data over the last 24 hours shows a healthy trading activity, with a liquidity score indicating strong market depth. The market cap of LTC has seen a positive change, reinforcing the bullish outlook.
sentiment: Current market sentiment analysis from Augmento.ai shows a predominantly positive sentiment towards LTC, with many traders expressing optimism about the upcoming price movements.
cryptocompare_data: The latest news and social media sentiment indicate a growing interest in LTC, particularly in light of recent developments in the cryptocurrency space.
Technical Analysis: The indicators suggest a strong bullish trend, but caution is advised due to overbought conditions. The RSI is currently at 61.37 on the 1-hour chart, indicating buying momentum, while the MACD shows a bullish crossover. The price is above the 50-period moving average, reinforcing the bullish outlook.
The top 3 BTC pairs exhibiting strong performance today include BTC/ETH, BTC/XRP, and BTC/LTC, which may provide correlated trend analysis for LTC.
TRADE RECOMMENDATION
json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$87.50", "TAKE_PROFIT": "$92.00", "CONFIDENCE_LEVEL": "85%", "EXIT_POINT": "$90.00", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "above 50", "MACD": "Bullish crossover", "MA20": "Price position above", "ATR": "Moderate volatility", "Bollinger_Bands": "Price approaching upper band", "Stochastic_Oscillator": "Condition indicates potential pullback", "News_Impact": "Positive", "Historical_Data": "Resistance around $90.00" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
#LTC/USDT#LTC
The price has broken the descending channel on the 12-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 60
Entry price 65
First target 71
Second target 77
Third target 83
LTC the black swan?This analysis was done weeks ago and not much has changed. The channel is still valid. But, why has LTC not picked up the pace with the other tokens? BTC is flying, ETH is flying, even DOGE is in a world of it's own. But, LTC which has been one of the 'top 10' for quite some time is not seeing the elevation at all, literally not one bit. We need to see a push here on LTC for it to be considered part of the pack. OR, it's just biding it's time looking like a dead duck but actually has the highest potential of them all. Only time will tell. Follow for more.
Inverse #Cramer SELL ALL YOUR #Crypto!! :)I still see disbelief at this rally
I'm starting to see anger at having missed the bottom and lower entry points
Some noobs and some crypto OG's are still holding #stablecoins
having locked in their losses.
I see crypto total market cap at over 5 trillion in 2 years
Life changing money is to be had, but the multiples rapidly shrink the higher these prices go,
I believe we pump into May
sell and go away till sept could be an aggressive strategy
Or jus hold for 2 years .. couldn't be easier
SasanSeifi|$85 Breakout Could Propel LTC to $100 and Beyond!Hey there, ✌I In the weekly timeframe, Litecoin’s price, after a period of consolidation around the $84 level, encountered a bearish trend and corrected down to the $50 range.
As you can see, the price has once again moved towards the important resistance zone and the descending trendline. Currently, it is trading at around $78. If the price breaks the key resistance at $85 and stabilizes above it, the likelihood of further upward movement increases. In this scenario, potential price targets could be $100 and $127. The important weekly support between $65 and $60. Given the overall market conditions, the probability of breaking through the resistance level seems high. Note that this chart is presented in a logarithmic scale.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
[LTCUSD] Going to $500 by 2025? - Litecoin will surprise many!Hey everyone!
I'm very bullish on Litecoin for several reasons.
BULLISH FUNDAMENTALS:
First of all, Litecoin is amongst some others what we could call a "dinocoin" which managed to make its way throughout the years. Oftentimes being trolled for being slower than other coins to rise, but it still managed to survive to this day.
One of the most used cryptocurrencies in the real world for payments purposes
One of the most used coin with a top records of active addresses
Bitcoin is considered like digital gold, Litecoin like digital silver
Litecoin ETFs are being discussed and if accepted, will bring even more people to it (check Canary's Capital recent news)
A continuous list of updates, with some about security done the last few days
Holders have been accumulating for a - long - time now.
BULLISH TECHNICAL ANALYTICS:
I tried to spot the key resistances and levels on this weekly - simple - timeframe. We can clearly see a longterm channel being formed since 2017. We are now testing the $77-$80 resistance, before the next one being a major one (orange) around $100.
If the whole market remains bullish for the next few months, I believe we will quickly rise to previous key levels around $130 (RESISTANCE 2) then $190-$200 (RESISTANCE 3). If we manage to break all of them, we can for sure expect a new ATH. This one could reach the top of the trending channel.
I tried to imagine what it would look like with these Elliot's impulse waves pattern, which each broken resistance becoming a new support to be tested each time.
We can also see higher volumes, as well as bullish trends on RSI and MACD.
These are all the reasons why I believe Litecoin could surprise many in the upcoming months.
Not a financial advice, just sharing my thoughts. Always do your own research.
I'm curious to hear what are yours about Litecoin!
LTC long term viewLitecoin is currently in a +2000 day range
It could break out one day and if you it'll go nicely, as it did before.
However, one factor worth noting is that the 2021 high was barely higher than the 2017 high while Bitcoin did more than a 3x
This is relative weakness on Litecoin's part
I think it'll break out of the range one day, and when it does the target is $1000.
It could take a few years though.
LTC Daily 50-150 SMA Bullish Cross ImpendingLTC is about to have its 50 sma cross its 150 sma on the daily chart. This is occuring during the rebound of the price action from a support trend line in a rising channel. The price has recently bounced off support at the $64 level. RSI is 44 and turning upward.
BTC has overtaken its resistance also on the daily chart. A rising tide lifts all boats.
Not financial advice.
Do your own DD.
Thanks for looking at the idea.
ALTCOINS | OLD Timers with BIG GAINS | BCH, DASH, LTCSome alts are around just because they have been around since the early days - call them titans, if you may.
The beauty about these coins is that even though they have long been left behind by newer and more innovative projects; they are still being traded by whales . And where there are whales, there are sharks 🦈
1) Bitcoin Cash / BINANCE:BCHUSD.P
2) Dash / BINANCE:DASHUSDT
3) Litecoin / BINANCE:LTCUSD.P
These alts can do anything from 10% to 50% in a three month period - and you can be fairly certain it will still be there in three months (bonus)!
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LTCUSDT Long Setup Setting / Risky but Why not?BINANCE:LTCUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone: 68.45-66.76
⚡️TP:
69.43
70.50
71.90
🔴SL:
64.89
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
LTC is duplicating BTC's pre surge DNA based on MONTHLY metrics.FOCUS ON LTC.
A theoretical and technical analysis of these two major coins price movements.
LTC's recent monthly price metrics is reminiscent of BTC's September 2023 movements before it shot up from 20k to 40k. As we speak, it is following the DNA of that certain movement. We are now at the critical heat point for that X2 surge.
BTC post surge price touched 38.2 fib trend levels with precision at 40k from its 20k++ base range. A similar scenario for LTC will likely play out. A 38.2 fib trend level would mean a 150 price valuation after a break in structure. We are now at that crosspoint.
Spotted at 70.0
Conclusion: If you're late with the BTC bull party, LTC will now be your ultimate friend.
TAYOR.
Safeguard funds always
LTC 50/100 SMA Cross Bullish SignalLTC recently had the daily chart 50 and 100 sma cross. This is a bullish signal for the price action. Volume is declining as the price makes higher lows on a rising support. Stochastic rsi is 40. Target for the trade would be the previous swing high marked in a rectangle.
Not financial Advice. Do your own DD.
Thanks for viewing the idea.
Litecoin ETF Sparks Market Optimism Amid New FilingA Closer Look at LTC’s Future
The excitement around Litecoin ( CRYPTOCAP:LTC ) has intensified with the recent filing of a Litecoin Exchange-Traded Fund (ETF) by Canary Capital. This could mark a significant milestone for the cryptocurrency, positioning it alongside Bitcoin and Ethereum, which have recently received ETF approvals. With institutional interest in Litecoin rising and a potential approval on the horizon, the cryptocurrency world is buzzing with speculation about LTC’s price trajectory. Litecoin's founder, Charlie Lee, has expressed optimism, confident that the ETF approval will happen soon, further propelling Litecoin into the limelight.
Litecoin ETF: A Game-Changer in the Making
The recent filing of a Litecoin ETF by Canary Capital is an important development, as it could become the first single-asset Litecoin ETF globally. Charlie Lee believes that the ETF approval is imminent, following a growing trend of crypto ETFs gaining approval, most notably Bitcoin and Ethereum.
The significance of this filing cannot be understated. If approved, it would open doors for both institutional and retail investors to gain exposure to Litecoin in a regulated environment, potentially leading to a surge in demand. According to some market experts, this could see Litecoin’s price rise to $400 in the short term and possibly cross the $1,100 mark by 2026, aligning with broader institutional adoption of digital assets.
Institutional Demand and Growing Trust
One of the key indicators of rising institutional interest is the performance of Grayscale’s Litecoin Trust, which has grown by more than 2% daily and is currently trading at more than double its net asset value (NAV). This reflects strong demand from investors seeking exposure to Litecoin, even before the approval of an ETF.
The Litecoin founder emphasized that Litecoin shares many similarities with Bitcoin, particularly as both are considered commodities. This distinction, combined with Litecoin’s strong peer-to-peer transactional capabilities, makes it a prime candidate for institutional adoption.
Market Sentiment and Price Movement
Litecoin's price saw a surge following the ETF filing, reaching a monthly high of $75.88, recovering from a low of $62.12. However, the price has since experienced a slight correction, currently trading at $71.44, down by 5.04%. While volatility and uncertainty surrounding the ETF approval have contributed to this dip, the overall market sentiment remains bullish, with expectations of a significant rally once the ETF is approved.
Technical Outlook: Consolidation Before the Next Move?
From a technical perspective, Litecoin ( CRYPTOCAP:LTC ) is consolidating after its recent price surge, down 4.53% at the time of writing, potentially heading towards the support level at $68. Despite the pullback, Litecoin’s price action remains within a bullish triangle pattern on the daily chart, indicating a potential continuation of the upward trend.
Supporting this bullish outlook is Litecoin’s Relative Strength Index (RSI), which currently stands at 56. This suggests that Litecoin ( CRYPTOCAP:LTC ) is neither overbought nor experiencing weak momentum, creating a perfect scenario for a cool-off before another significant run. Analysts predict that Litecoin could retest the $100 mark in the coming weeks and possibly revisit the $200 and $250 levels in the longer term.
The Path Ahead: Litecoin's Potential Breakout
The current momentum around Litecoin is driven not only by the ETF filing but also by increasing demand from institutional players. Canary Capital’s ETF filing has positioned Litecoin in the spotlight, and with the U.S. Securities and Exchange Commission (SEC) already approving Bitcoin and Ethereum ETFs, Litecoin could be next.
As institutional adoption continues to rise, the approval of the Litecoin ETF could lead to a massive price rally, potentially driving LTC towards the predicted $400 target. On the downside, any delays or rejections from the SEC could result in short-term price volatility, with support likely to be found around the $68 level.
Conclusion: All Eyes on ETF Approval
The recent filing of a Litecoin ETF has sparked excitement in the crypto world, with Litecoin founder Charlie Lee expressing confidence that approval is just around the corner. If this happens, Litecoin ( CRYPTOCAP:LTC ) could witness a significant price surge, supported by strong institutional demand. While volatility remains, the technical outlook suggests that Litecoin is poised for further gains in the near future, with key resistance levels to watch at $100, $200, and $250.
In summary, the next few months will be crucial for Litecoin’s trajectory, as ETF approval could serve as a major catalyst, propelling the cryptocurrency to new heights. For investors, keeping an eye on both technical indicators and institutional sentiment will be key to navigating Litecoin’s future price movements.
LTC: Leading the Market with Doge, But Awaiting a Key BreakoutLTC is showing strong performance compared to many other coins in the market, with Doge following a similar trend. In the purple box, we can clearly see a breakout from the short-term trendline, signaling some positive momentum. However, for a full trend reversal, we need a decisive break of the longer yellow trendline, which may take more time.
The Hurst cycles at the bottom (illustrated by the semicircles) show that LTC’s up-and-down movement is following a consistent pulse. If we do see a break of the upper yellow trendline, the next target could be marginally new all-time highs, though that won’t likely happen for some time yet.