LTC320
356 views
4 Discussing
Hot
Latest
$LTC
šØLitecoin (LTC) Price AnalysisšØ
Litecoin (LTC) registered a sharp drop on Friday (May 30), falling over 8% to $85.61. Despite the selling pressure, it recovered over the weekend, rising 1.70% on Saturday and 1.47% on Sunday to end the weekend at $88.35. Buyers retained control on Monday as the price rose over 1% and settled at $89.48. However, LTC lost momentum on Tuesday and registered a marginal decline. Selling pressure persisted on Wednesday as the price fell almost 2% to $87.96. Bearish sentiment intensified on Thursday as LTC plunged nearly 5% to $83.61.
LTC recovered on Friday, rising over 4% to $87.28. Buyers retained control on Saturday, with the price increasing 1.31% and settling at $88.42. However, LTC lost momentum on Sunday, dropping 1.43% to end the weekend in the red at $87.15. LTC started the current week on a bullish note, rising over 4% to cross $90 and settle at $90.76. Despite the strong start to the week, LTC is back in bearish territory in the ongoing session, down nearly 1%, trading around $90.16 as sellers look to drive the price below $90.
#LTC320 #Trendingcoin320 #Trendingissue #Binance320 #mr320
šØLitecoin (LTC) Price AnalysisšØ
Litecoin (LTC) registered a sharp drop on Friday (May 30), falling over 8% to $85.61. Despite the selling pressure, it recovered over the weekend, rising 1.70% on Saturday and 1.47% on Sunday to end the weekend at $88.35. Buyers retained control on Monday as the price rose over 1% and settled at $89.48. However, LTC lost momentum on Tuesday and registered a marginal decline. Selling pressure persisted on Wednesday as the price fell almost 2% to $87.96. Bearish sentiment intensified on Thursday as LTC plunged nearly 5% to $83.61.
LTC recovered on Friday, rising over 4% to $87.28. Buyers retained control on Saturday, with the price increasing 1.31% and settling at $88.42. However, LTC lost momentum on Sunday, dropping 1.43% to end the weekend in the red at $87.15. LTC started the current week on a bullish note, rising over 4% to cross $90 and settle at $90.76. Despite the strong start to the week, LTC is back in bearish territory in the ongoing session, down nearly 1%, trading around $90.16 as sellers look to drive the price below $90.
#LTC320 #Trendingcoin320 #Trendingissue #Binance320 #mr320
$LTC
šØIs The Litecoin Price Experiencing a Trend Reversal?šØ
The Litecoin price is showing signs of recovery after weeks of bearish pressure that took it from $106 to this weekās lows near $82. Currently trading at $88.61, LTC has rebounded over 5% in the previous two sessions, showing renewed short-term bullish sentiment.
The Litecoin price has gained buying pressure and bounced from this support level numerous times in the past few months, making it a decisive level for future trend. On the 4-hour chart of LTC, the RSI shows a bullish divergence, indicating the rebound is not just a pullback but may be a potential trend reversal. Additionally, the MACD oscillator shows a golden cross, reinforcing the possibility of a sustained upward move.
While technical signals give bullish strength to the Litecoin price, mining conditions are causing a bearish outlook. Small miners are facing issues and are unable to pursue LTC mining sustainably due to increasing competition and growing computational requirements. Due to this, many investors are shifting to Unilabs, which offers better mining profits and exceptional returns with its presale.
#LTC320 #Binance320 #Trendingissue #Trendingcoin320 #mr320
šØIs The Litecoin Price Experiencing a Trend Reversal?šØ
The Litecoin price is showing signs of recovery after weeks of bearish pressure that took it from $106 to this weekās lows near $82. Currently trading at $88.61, LTC has rebounded over 5% in the previous two sessions, showing renewed short-term bullish sentiment.
The Litecoin price has gained buying pressure and bounced from this support level numerous times in the past few months, making it a decisive level for future trend. On the 4-hour chart of LTC, the RSI shows a bullish divergence, indicating the rebound is not just a pullback but may be a potential trend reversal. Additionally, the MACD oscillator shows a golden cross, reinforcing the possibility of a sustained upward move.
While technical signals give bullish strength to the Litecoin price, mining conditions are causing a bearish outlook. Small miners are facing issues and are unable to pursue LTC mining sustainably due to increasing competition and growing computational requirements. Due to this, many investors are shifting to Unilabs, which offers better mining profits and exceptional returns with its presale.
#LTC320 #Binance320 #Trendingissue #Trendingcoin320 #mr320
Login to explore more contents