Litecoin price declined heavily below $150, but it found support near $115 contre le dollar américain. LTC is currently rising, but it is likely to face a strong resistance near $150.
- Litecoin started a strong decline below the $165 et $150 support levels against the US Dollar.
- The price is rising from the $115 zone and it is testing the 100 moyenne mobile simple (4-heures).
- Plus tôt, there was a break below a key ascending channel with support at $165 on the 4-hours chart of the LTC/USD pair (flux de données de Kraken).
- The price must clear the $150 resistance to move back into a positive zone.
Litecoin Price Recovers above $140
Récemment, we saw a sharp decline in bitcoin, Ethereum, ripple and litecoin against the US Dollar. LTC price formed a short-term top near the $185 before starting the drop. It broke many important supports near $165 to move into a bearish zone.
There was also a break below a key ascending channel with support at $165 on the 4-hours chart of the LTC/USD pair. Litecoin price even broke the $150 support and the 100 moyenne mobile simple (4-heures).
There was a spike below the $125 support before the bulls showed near $115. A low is formed near the $113 level and the price is currently rising. Il y a eu une pause au-dessus du $125 et $130 les niveaux. The price recovered above the 23.6% Fib retracement level of the downward move from the $186 high to $113 low.
La source: LTCUSD on TradingView.com
It is now approaching the $150 resistance level and the 100 moyenne mobile simple (4-heures). le 50% Fib retracement level of the downward move from the $186 high to $113 low is also near $150 to act as a resistance.
If there is a clear break above the $150 la résistance, the price could start a strong increase. In the stated case, the price is likely to continue higher towards the $165 et $170 les niveaux.
Fresh Dip in LTC?
If Litecoin price fails to clear the $150 niveau de résistance, there could be another pullback. An initial support on the downside is near the $135 niveau.
The first major support is forming near the $132 niveau. Any further losses may perhaps send the price towards the $124 support in the coming sessions.
4-hours MACD – The MACD is slowly moving into the bullish zone.
4-heures RSI (indice de force relative) – The RSI for LTC/USD is currently correcting higher towards 50.
Principaux niveaux de support - $135 suivi par $124.
Niveaux de résistance majeurs - $150 et $165.
Bloquons les annonces! (Pourquoi?)
La source: Actualitésbtc