Cryptos Ranking logo Cryptos Ranking logo
CoinGape 2022-06-17 14:30:01

Litecoin Price Analysis: Can $40 Support Raise LTC Price Higher?

The Litecoin(LTC) sellers ended a four-week consolidation after they breached the $51 support on June 9th. The resulting fall plummeted the altcoin to $40 psychological support, but a rise in demand pressure stalls the selling momentum. Moreover, the bullish signal from the MACD indicator suggests a breakout of $51. Key points A lower price rejection The post Litecoin Price Analysis: Can $40 Support Raise LTC Price Higher? appeared first on CoinGape.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.