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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.

DateMarch 25, 2023 - 12:38
Currentrange bound
Forecastcontinuation of uptrend

Midterm forecast:

  • While the price is above the support 40.30, continuation of uptrend is expected.
  • We make sure when the resistance at 105.70 breaks.
  • If the support at 40.30 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased.
  • A trough is formed in daily chart at 65.00 on 03/11/2023, so more gains to resistance(s) 98.50 and maximum to Major Resistance (105.70) 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 57.

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. 98.50
  11. 88.15
  12. 73.35
  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) free Fri, 22 Mar 2024
Litecoin (LTCUSD) free Sun, 17 Mar 2024
Litecoin (LTCUSD) Sun, 25 Feb 2024
Litecoin (LTCUSD) Mon, 19 Feb 2024
Litecoin (LTCUSD) Sun, 11 Feb 2024