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Weekly forecast Litecoin technical chart
Symbol LTCUSD

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 30, 2021 - 21:45
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 118.45, resumption of uptrend is expected.
  • We make sure when the resistance at 208.70 breaks.
  • If the support at 118.45 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • The RSI uptrend #1 is broken, so the probability of resumption of uptrend is decreased.
  • A peak is formed in daily chart at 208.70 on 05/27/2021, so more losses to support(s) 167.50, 154.90 and minimum to Major Support (118.45) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 39.

Symbol Released Current Forecast
Litecoin (LTCUSD) new Mon, 22 Apr 2024
Litecoin (LTCUSD) Sun, 14 Apr 2024
Litecoin (LTCUSD) free Sun, 7 Apr 2024
Litecoin (LTCUSD) free Sun, 31 Mar 2024
Litecoin (LTCUSD) free Fri, 22 Mar 2024