LTC Price Prediction – January 24
Since January 12, Litecoin has been trading marginally after its rejection from the $186 price level.
Resistance levels: $165, $175, $185
Support levels: $110, $100, $90
In the past few days, LTC/USD has continued to trade marginally below the 9-day and 21-day moving averages as there has been no significant price movement. The Litecoin (LTC) has been fluctuating between $125 and $140. Meanwhile, according to the technical indicator RSI (14), Litecoin is trading below the 50-level which indicates that the coin is moving sideways at the moment.
What to Expect from Litecoin (LTC)
The Litecoin price is trading below the moving averages after touching the daily high at $142 in the early hours of today. However, the price may retest or break below the $130 support. Meanwhile, if the recent market movement convincingly breaks above the moving … Read more