Litecoin Price Prediction: LTC/USD Touches $184 Level; Price Rise towards $200 Next

LTC Price Prediction – March 2

The Litecoin price is currently changing hands at $183.19 as the technical indicator RSI (14) moves around 45-level.

LTC/USD Market

Key Levels:

Resistance levels: $220, $230, $240

Support levels: $130, $120, $110

LTCUSD – Daily Chart

LTC/USD is currently trading at around $183 and once it manages to surpass the potential resistance of $200, the next target is located at $205 where it touched a few days ago. However, a breach from here may send the price straight to around $170 as the last 48-hours surge is supported at the $150 support level. Therefore, if this level fails to hold strong, the price could slip back below the lower boundary of the channel.

What to Expect from Litecoin

However, looking at the current market sentiment, the bulls are now gaining back control of the market. Moreover, if the bulls can put more effort and … Read more

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Bitcoin Price Prediction: BTC/USD Recovers Above $49,000; Bullish Confirmation?

Bitcoin (BTC) Price Prediction – March 1

Bitcoin is currently trading towards the moving averages after the first digital asset took a dip from the resistance level of $58,000.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $54,000, $56,000, $58,000

Support Levels: $40,000, $38,000, $36,000

BTCUSD – Daily Chart

Once again, BTC/USD bulls are back in action today after staying under solid pressure over the last weekend. However, Bitcoin’s (BTC) price is up 9% as of writing this and is currently hovering above the $49,000 level. The cryptocurrency had been in a downtrend for the previous week as it dropped by over 25% to reach its weekly low yesterday at $43,000 support.

Where is BTC Price Going Next?

At the time of writing, BTC/USD is trading at $49,312 with a gain of 9.02% on the day. The trading is likely to cross above the 9-day and 21-day moving … Read more

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Bitcoin (BTC) Price Prediction: BTC/USD Holds Above $44,000 Support, Further Upside Is Imminent

Bitcoin (BTC) Price Prediction – March 1, 2021
Bitcoin bulls have successfully held the $44,000 support as the market made an upward move. In the previous analysis, it was indicated that Bitcoin’s upward move will depend upon the current support level at $44,000 holding. Buyers have pushed the price above the $46,500 at the time of writing.

Resistance Levels: $58,000, $59,000, $60,000
Support Levels: $40,000, $39,000, $38,000

BTC/USD – Daily Chart

Since February 23, BTC/USD price has been fluctuating between $44,000 and $52,000. The current support at $44,000 is holding as buyers push the coin on the upside. The current upward move is facing resistance at the downtrend line. BTC price has two hurdles to jump over. On the upside, if the bulls break the downtrend line, the price will have an accelerated movement to retest the $52,000 resistance. Bitcoin will resume upside momentum once the $52,000 resistance … Read more