Litecoin Price Prediction 2019 / 2020 (New Updates: LTC/USD Nears $100

in #litecoin5 years ago

At the time of writing the LTC value is trading at $ 86.75.
On the contrary, if the price of crypto is above EMA, then the LTC value will reach a higher level of $ 100.
LTC / USD long-term trend: bullish
Resistance level: $ 80, $ 90, $ 100
Support level: $ 70, $ 60, $ 50

image.png

This LTC / USD pair was in a bullish trend and the value of this pair was a breakout. Last month, the price of Litecoin was trading between $ 46 and $ 62. The price of this crypto was facing resistance at $ 62 price level. Previously it was suggested that if bulls broke the resistance level of $ 62, the crypto would reach a high level of $ 70 and $ 80.

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On April 2, it was a price breakout in the price of this crypto that broke the $ 62 resistance level. This LTC is trading at $ 88.85 at the time of writing. The price of this crypto is above the 12-day EMA and 26-day EMA, which indicates that the price is likely to increase. If it price of crypto is above EMA, then above it.

image.png

Its Live Litecoin (LTC) Value: 1 LTC / USD = $ 86.75 Change - 0.53%.

This LTC price will reach a high level of $ 100. Meanwhile this MACD line and signal line is above zero line which indicates a purchase signal. Furthermore, the price of crypto is above 12-day EMA and 26 days EMA, which indicates that the trend of crypto accelerates is in the region.

Disclaimer: This is for educational / recreational purpose. I will not be responsible for anything. Get professional help to learn more.

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