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.
Resistance levels: $220, $230, $240
Support levels: $130, $120, $110
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