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Weekly forecast Litecoin technical chart
Symbol LTCUSD

Trading suggestion:

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

DateMay 28, 2023 - 12:15
Currentrange bound
Forecastcontinuation of uptrend

Midterm forecast:

  • While the price is above the support 65.00, continuation of uptrend is expected.
  • We make sure when the resistance at 103.45 breaks.
  • If the support at 65.00 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 95.00 on 05/17/2023, so more losses to support(s) 85.00, 75.20 and minimum to Major Support (65.00) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 53.

Supports and Resistances:

  1. 413.50
  2. 388.93
  3. 333.08
  4. 281.63
  5. 232.63
  6. 189.79
  7. 167.24
  8. 133.99
  9. 105.70
  10. 96.00
  11. 85.00
  12. 75.20
  13. 65.00
  14. 61.05
  15. 50.00
  16. 40.30
Click on the level to view price action history.

Symbol Released Current Forecast
Litecoin (LTCUSD) Sun, 21 Jul 2024
Litecoin (LTCUSD) Sun, 14 Jul 2024
Litecoin (LTCUSD) Sun, 30 Jun 2024
Litecoin (LTCUSD) Mon, 17 Jun 2024
Litecoin (LTCUSD) Mon, 10 Jun 2024