[ad_1]
Litecoin worth evaluation by Coinidol.com: LTC worth has slipped under the shifting common strains after hitting resistance at $120.
Litecoin worth long-term prediction: bearish
The 21-day SMA help helped to alleviate the promoting stress. In different phrases, the value of the cryptocurrency is above the 21-day SMA help however under the 50-day SMA barrier. This means that Litecoin shall be trapped in a slender vary for a couple of days.
If the 21-day SMA help or the 50-day SMA barrier is overreached, the cryptocurrency will pattern upwards. For instance, if the LTC worth breaks by the 50-day SMA barrier, it should rise to a excessive of $124. Litecoin will fall to its present help stage of $106 if the 21-day SMA help is damaged.
Technical Indicators
-
Resistance Ranges: $100, $120, $140 -
Assist Ranges: $60, $40, $20
LTC worth indicators evaluation
Litecoin’s worth is squeezed between the shifting common strains. It’s unclear during which course Litecoin will transfer. The shifting common strains are horizontal in each charts. Nonetheless, the value bars are restricted to the space between the shifting averages. The worth bars on the 4-hour chart are under the shifting common strains.
LTC/USD worth chart – September 17, 2025
What’s the subsequent transfer for LTC?
On the 4-hour chart, Litecoin is at the moment buying and selling in a bearish pattern zone. The altcoin is buying and selling above the $112 help and under the shifting common strains, which symbolize resistance at $116. The upward motion is hindered by the shifting common strains, that are inflicting the value to oscillate inside a restricted vary.
In the meantime, the sign for the cryptocurrency is bearish, with worth bars under the shifting common strains.
LTC/USD 4-hour worth chart – September 17, 2025
Disclaimer. This evaluation and forecast are the private opinions of the creator. The information offered is collected by the creator and isn’t sponsored by any firm or token developer. This isn’t a advice to purchase or promote cryptocurrency and shouldn’t be considered as an endorsement by CoinIdol.com. Readers ought to do their analysis earlier than investing in funds.
[ad_2]
