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LitecoinNewsToday–TopHeadlineforLitecoinLTC,December23rd,2019
作者Litecoin   时间2021-03-30   

Litecoin(LTC)garnered6.69%overnight

LTCpriceanalysis–LTC/USD

Litecoinhasopenedtheweekwithanimpressivepricesurge.Overthelast24hours,thecoinhasaddedamassive6.69%,andthepricehasrisenfrom$39.72to$4238.Ithasbeenthroughthreekeypricechangeduringthisperiod.ThedaystartedwithLTCtradingat39.72USD,overthenext8hours,thecoingained$1.40tothevalueandsurgedtheLitecoinpriceto$42.19.Towardstheend,LTCcoindisplayedanothergrowth,thecoinman**edtogainasurgeof1.26%andascendedtoashighas$42.56.

TherehasbeenamajorsurgeinthemarketcapofLitecoin.Withinaday,themarketcapsurgedfrom2.672billionUSDto2.705billionUSD.Litecoin’s20daysMAiscurrentlyat$42.41,andits50daysMAisnowat$42.27.Thecoiniscurrentlybeingtradedat$42.38,whichis0.26%moreand0.07%lessthanthe50daysand20daysmovingaver**es.Asperbothmovingaver**esandcurrentpricetrends,Litecoinislikelytoexperienceanupsidemomentuminthenextfewdays,whichmightseekthenextsupportattheresistanceof$42.83.

Afteraninstantsurge,LTC/USDhassettledabove$40.00.Goingbythetechnicalillustration,thecoinmayrecoversomegroundsoon.Litecoin(LTC)isthesixth-largestdigitalassetinthecryptospherewiththecurrentmarketcapitalizationof$2.6billion.Currently,itisoneofthebest-performingaltcoinsoutoftop10.

SincethebeginningofSunday,theLTC/USDpairhasgainedalmost3%and2/5%inthelast24hours.Currently,theLTC/USDpairistradingat$40.93.Whilethegrowthcanbesaidtobenatural,aviablemoveabove$40.00willenhancetheshort-termtechnicalviewandpermitanextendedcorrectionaheadofChristmas.

Asseenontheintradaychart,LTC/USDpairhasrecoveredaboveSMA504-hourat$40.65andhitanintradayhighof$41.36.ThenextkeyresistanceisestablishedbySMA1004-hourat$42.60,whichalsoservesastheprevioussupportlevel.Oncethisissettled,theupsideislikelytogainmomentumwiththenextfocusonSMA2004-hourat$45.30.

Litecoin(LTC)PriceToday–LTC/USD

Whileonthedownside,aviablemovebelow$40.00willdrivethepricetowards$39.60(thelowerlineof4-hourBollingerBand),and$37.00.Thenextsupportisestablishedbytherecentlowof$35.98.Ifitisbroken,thesell-offmaycommencesnowballingtowardsapsychological$30.00.

MaxwritesaboutblockchainprojectsandregulationwithaspecialfocusonUnitedStatesandChina.HejoinedSmarterumafteryearsofwritingforvariousmediaoutlets.

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