• Litecoin is trading 6.21% higher today after dropping to a low of 42.45 before the EU open.
  • Now the LTC/USD is struggling to push above the resistance level of 47.30.

LTC/USD 4-Hour Price Chart

The Litecoin price has performed well today after dropping to a low of 42.35 earlier on in the session.

Now resistance levels are in focus as 47.30 caps gains for now.

Above that, there are two other interesting levels close by. One being the Fibonacci 23.6% resistance and the other the 48.62 consolidation high.

LTC/BTC is still holding gains and trades 1.29% higher meaning Litecoin is the better performer this afternoon.

Litecoin Analysis

Additional Level

LTC/USD

Overview
Today last price 46.8233
Today Daily Change 2.7741
Today Daily Change % 6.30
Today daily open 44.0492
 
Trends
Daily SMA20 57.844
Daily SMA50 56.7655
Daily SMA100 62.5986
Daily SMA200 84.2651
 
Levels
Previous Daily High 48.3857
Previous Daily Low 43.6427
Previous Weekly High 60.0877
Previous Weekly Low 43.6415
Previous Monthly High 64.1049
Previous Monthly Low 47.2078
Daily Fibonacci 38.2% 45.4545
Daily Fibonacci 61.8% 46.5739
Daily Pivot Point S1 42.3327
Daily Pivot Point S2 40.6162
Daily Pivot Point S3 37.5897
Daily Pivot Point R1 47.0757
Daily Pivot Point R2 50.1022
Daily Pivot Point R3 51.8187

 

 


All information and content on this website, from this website or from FX daily ltd. should be viewed as educational only. Although the author, FX daily ltd. and its contributors believe the information and contents to be accurate, we neither guarantee their accuracy nor assume any liability for errors. The concepts and methods introduced should be used to stimulate intelligent trading decisions. Any mention of profits should be considered hypothetical and may not reflect slippage, liquidity and fees in live trading. Unless otherwise stated, all illustrations are made with the benefit of hindsight. There is risk of loss as well as profit in trading. It should not be presumed that the methods presented on this website or from material obtained from this website in any manner will be profitable or that they will not result in losses. Past performance is not a guarantee of future results. It is the responsibility of each trader to determine their own financial suitability. FX daily ltd. cannot be held responsible for any direct or indirect loss incurred by applying any of the information obtained here. Futures, forex, equities and options trading contains substantial risk, is not for every trader, and only risk capital should be used. Any form of trading, including forex, options, hedging and spreads, contains risk. Past performance is not indicative of future FX daily ltd. are not Registered Financial Investment Advisors, securities brokers-dealers or brokers of the U.S. Securities and Exchange Commission or with any state securities regulatory authority OR UK FCA. We recommend consulting with a registered investment advisor, broker-dealer, and/or financial advisor. If you choose to invest, with or without seeking advice, then any consequences resulting from your investments are your sole responsibility FX daily ltd. does not assume responsibility for any profits or losses in any stocks, options, futures or trading strategy mentioned on the website, newsletter, online trading room or trading classes. All information should be taken as educational purposes only.

Recommended content


Recommended Content

Editors’ Picks

Avalanche rallies following launch of incentive program for developers

Avalanche rallies following launch of incentive program for developers

Avalanche announced the launch of Retro9000 on Thursday as part of its larger Avalanche9000 upgrade. Retro9000 is a program designed to support developers with up to $40 million in grants for building on the Avalanche testnet.

More Avalanche News
Ethereum could retest $2,707 resistance following increasing ETF inflows and uptrend in funding rates

Ethereum could retest $2,707 resistance following increasing ETF inflows and uptrend in funding rates

Ethereum traded around $2,640 on Thursday, up more than 2% following increased bullish bias among investors, as evidenced by ETH ETF net inflows and an uptrend in funding rates. 

More Ethereum News
Ethena Labs launches new UStb stablecoin backed by BlackRock's BUIDL token

Ethena Labs launches new UStb stablecoin backed by BlackRock's BUIDL token

Ethena Labs announced on Thursday that it has released a new stablecoin product, UStb. The new stablecoin will be fully collateralized by BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) and function similarly to a traditional stablecoin.

More Cryptocurrencies News
Crypto Today: Bitcoin, Ethereum and XRP trade in the green as crypto lost to hacks and fraud plunge by 40%

Crypto Today: Bitcoin, Ethereum and XRP trade in the green as crypto lost to hacks and fraud plunge by 40%

Bitcoin has moved above the $65,000 psychological level after flipping a key resistance, XRP sees a slight 1% gain. Ethereum trades around $2,650, up over 3% in the past 24 hours, as it attempts to tackle the $2,707 key resistance. 

More Bitcoin News
Bitcoin: Fed-led rally could have legs towards $65,000

Bitcoin: Fed-led rally could have legs towards $65,000

Bitcoin is poised for a second consecutive week of gains, supported by the recent 50-basis-point cut in interest rates by the Federal Reserve. Bitcoin broke above several key technical resistances this week, signaling a rally continuation.

Read full analysis
Five best Forex brokers in 2024

Five best Forex brokers in 2024

VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals. 

Read More

BTC

ETH

XRP