NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

Litecoin Price Analysis for 10/3/2015 – Nudging Resistance!

newsbtc
newsbtc
5 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Litecoin price continued rallying today to print a high of around $2.14 a couple of hours before writing this analysis. Although the price rose to test the 23.5% Fibonacci retracement level at $2.12 today, the following hours will decide whether or not litecoin price will manage to break through this essential resistance level.
By studying the 4 hour Bitfinex (LTC/USD) chart from tradingview.com, plotting the William’s Alligator indicator and drawing Fibonacci retracement levels along a trend line that extends between the low reached on the 14th of January at around $1.10 and the high reached on the 26th of Jamuary at $2.44 (look at the below chart), we can notice the following:
–  Litecoin price rose yesterday from around $1.9 to $2.14 earlier today, before price correction pulled the price down to $2.02 at the time of writing of this article.
– The 23.6% Fibonacci retracement level at $2.12 resisted an increase in litecoin price. It seems that the price will rise to test this level again, however, it is unlikely to see this resistance broken within the next 24 hours.
– The SMAs of the William’s Alligator indicator are exhibiting a bullish alignment, so we expect the price rise to test the $2.12 resistance level again.

litecoin price, litecoin analysis
By studying the 1 day Bitfinex (LTC/USD) chart from tradingview.com, plotting the 20, 50 and 100 day EMAs and calculating the RSI and MACD indicator accordingly (look at the below chart), we can conclude the following:
– Litecoin price is now above the 20, 50 and 100 day EMAs which points to the current bullish trend.
– The MACD indicator has entered the positive territory and the blue MACD line is now above the red signal line so we can expect litecoin price to rise towards $2.12 again.
– The RSI value is around 64 so litecoin is not overbought and we can still see it rise.

litecoin price, litecoin analysis

Conclusion:

Litecoin price rose to a high of $2.14 earlier today. Our technical analysis predicts price to rise to test the $2.14 again within the next 24 hours.

 

Charts from bitfinex

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Mercado Bitcoin doubles down on RWA, experts discuss what this means for the future of tokenized finance

Earlier this month, leading South American crypto exchange Mercado Bitcoin unveiled plans to tokenize approximately $200 million in tokenized financial...

NewsBTC 3 hours ago
Bitcoin má nové ATH.

Bitcoin překonává hranici 120 000 dolarů, jaké coiny s ním rostou nejvíce?

Bitcoin poprvé v historii překonal hranici 120 000 dolarů a investoři i široká veřejnost si kladou otázku, co to znamená...

Lenka Hanzlíková 4 hours ago
Altcoins, alt season, crypto, Tron, SUI, Polygon

SUI Eyes 140% Move As Price Reclaims $4 – New ATH Imminent?

SUI is attempting to reclaim a crucial resistance level after its massive performance over the past few weeks. As it...

Rubmar Garcia 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Altcoin

Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next?

Scott Matherson 1 hour ago
Citigroup

Citigroup CEO Confirms Interest In Issuing A Proprietary Stablecoin—Reuters

Ronaldo Marquez 2 hours ago
Ripple nieuws: XRP & SOL ETFs worden beste crypto's met potentie in 2025 volgens expert

Ripple nieuws: XRP & SOL ETFs worden beste crypto’s met potentie in 2025 volgens expert

Lars Diederiksen 2 hours ago

Premium Sponsors

Press Releases

  • 2 kryptowaluty z niezwykle wysokimi wycenami, które mogą...

    1 hour ago
  • 2 kriptovalute s iznimno visokom procjenom koje bi mogle...

    2 hours ago
  • Whales Quay Lại Với Meme Coin Sau ATH Của Bitcoin –...

    2 hours ago
  • 2 kryptomeny s mimoriadne vysokým hodnotením, ktoré by mohli stáť za riziko

    2 kryptomeny s mimoriadne vysokým hodnotením, ktoré by...

    2 hours ago
  • Toncoin

    Dự Đoán Giá Toncoin: $8 Tháng 8? Các Đồng Coin...

    2 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.