TRENDING:
Trade War
XAU/USD
Silver
EUR/USD
GBP/USD
USD/CAD
AUD/USD
Sponsored by
Login
|

Litecoin Price Analysis: LTC/USD struggling with a barrier at the $72.50 mark

  • Litecoin price is trading in negative territory by 2.25% in the session on Tuesday. 
  • LTC/USD has been cooling for three sessions now. 
  • There is much in the way of resistance in the early $70 price territory via the daily.  
Litecoin Price Analysis: LTC/USD struggling with a barrier at the $72.50 mark
Ken ChigboKen ChigboIndependent Analyst

LTC/USD daily chart

The price was stuck within a bearish market structure, where lower highs were being produced. The prior high area was seen at around $65, which the bulls have managed to produce a weekly closure above. 

LTC/USD 60-minute chart

Critical 60-minute support should be noted at $66, failure to hold could invite another wave of selling pressure. 

Spot rate:                69.85

Relative change:    -2.25%

High:                        68.89

Low:                         66.62

LTC/USD

Overview
Today last price68.1929
Today Daily Change-1.2623
Today Daily Change %-1.82
Today daily open69.4552
 
Trends
Daily SMA2060.4541
Daily SMA5050.1857
Daily SMA10051.4643
Daily SMA20062.0045
 
Levels
Previous Daily High72.9511
Previous Daily Low68.3271
Previous Weekly High70.0854
Previous Weekly Low52.8193
Previous Monthly High70.0854
Previous Monthly Low38.7677
Daily Fibonacci 38.2%70.0934
Daily Fibonacci 61.8%71.1847
Daily Pivot Point S167.5379
Daily Pivot Point S265.6205
Daily Pivot Point S362.9139
Daily Pivot Point R172.1618
Daily Pivot Point R274.8684
Daily Pivot Point R376.7858

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

More from Ken Chigbo
Share:

Editor's Picks

Pi Network Price Forecast: Core team offloads supply, weighing on PI recovery

Pi Network Price Forecast: Core team offloads supply, weighing on PI recovery

Pi Network  hovers below $0.1700, broadly steady at press time on Monday, attempting a recovery after a 2% loss the previous day. Sunday’s decline aligned with nearly 49 million PI tokens offloaded by the Pi Foundation, implying a spike in supply pressure that capped the prevailing four-day recovery.

Cosmos Hub Price Forecast: ATOM under pressure as bearish momentum accelerates

Cosmos Hub Price Forecast: ATOM under pressure as bearish momentum accelerates

Cosmos Hub steadies near $1.82 at the time of writing on Monday, following a 20% decline the previous week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe show bearish signals at key levels

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe show bearish signals at key levels

Meme coins are hovering around key support zones at the start of this week on Monday, after extending losses in the previous week. Dogecoin (DOGE) signals a neutral near-term bias with a slight bearish tilt.

Solana Price Forecast: SOL consolidates amid rising Middle East tensions

Solana Price Forecast: SOL consolidates amid rising Middle East tensions

Solana (SOL) trades around $84 at press time on Monday, coiling further within a consolidation range that keeps the momentum trapped. Institutional interest in Solana resurfaced last week, with inflows of over $44 million capping downside pressure.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.