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{"id":534554,"date":"2023-05-23T05:39:51","date_gmt":"2023-05-23T05:39:51","guid":{"rendered":"https:\/\/uniquehot.com\/?p=534554"},"modified":"2024-06-11T07:45:32","modified_gmt":"2024-06-11T07:45:32","slug":"litecoin-price-prediction-ltc-105-2","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-price-prediction-ltc-105-2\/","title":{"rendered":"Litecoin Price Prediction: LTC Could Surge 10% If It Clears This Resistance"},"content":{"rendered":"

Litecoin price is attempting an upside break above $93 against the US Dollar. LTC could rally if it clears the $93 and $95 resistance levels.<\/em><\/p>\n

\n
Litecoin is slowly moving higher toward $95 against the US Dollar.<\/li>\n
The price is now trading above $90 and the 100 simple moving average (4 hours).<\/li>\n
There is a key contracting triangle forming with resistance near $92.50 on the 4-hour chart of the LTC\/USD pair (data feed from Kraken).<\/li>\n
The price could rally toward the $100 and $105 levels.<\/li>\n<\/ul>\n
Litecoin Price Eyes Upside Break<\/h2>\n
After a steady increase, Litecoin\u2019s price struggled near the $95 resistance against the US Dollar. LTC price started a downside correction and traded below the $92 level.<\/p>\n
The price tested the 23.6% Fib retracement level of the upward move from the $5.26 swing low to the $95.00 high. However, the bulls seem to be protecting a downside break, unlike Bitcoin<\/a> and Ethereum<\/a>. Litecoin is now consolidating above the $90 level.<\/p>\n
It is trading above $90 and the 100 simple moving average (4 hours). There is also a key contracting triangle forming with resistance near $92.50 on the 4-hour chart of the LTC\/USD pair.<\/p>\n
$\"Litecoin$ <\/p>\n
Source: LTCUSD on TradingView.com<\/a><\/p>\n
On the upside, immediate resistance is near the $93 zone. The next major resistance is near the $95 level. If there is a clear break above the $95 resistance, the price could start another strong increase. In the stated case, the price is likely to continue higher toward the $100 and $105 levels. Any more gains might send LTC\u2019s price toward the $112 resistance zone.<\/p>\n
Fresh Decline in LTC?<\/h2>\n
If Litecoin price fails to clear the $95 resistance level, there could be a fresh decline. Initial support on the downside is near the $91 level and the triangle lower trend line.<\/p>\n
The next major support is forming near the $85 level or the 50% Fib retracement level of the upward move from the $5.26 swing low to the $95.00 high, below which there is a risk of a move toward the $80 support. Any further losses may perhaps send the price toward the $75 support.<\/p>\n
Technical indicators:<\/p>\n
4-hour MACD \u2013 The MACD is now gaining pace in the bullish zone.<\/p>\n
4-hour RSI (Relative Strength Index) \u2013 The RSI for LTC\/USD is above the 50 level.<\/p>\n
Major Support Levels \u2013 $91.00 followed by $85.00.<\/p>\n
Major Resistance Levels \u2013 $93.00 and $95.00.<\/p>\n","protected":false},"excerpt":{"rendered":"
Litecoin price is attempting an upside break above $93 against the US Dollar. LTC could rally if it clears the $93 and $95 resistance levels. Litecoin is slowly moving higher toward $95 against the US Dollar. The price is now trading above $90 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $92.50 on the 4-hour chart of the LTC\/USD pair (data feed from Kraken). The price could rally toward the $100 and $105 levels. Litecoin Price Eyes Upside Break After a steady increase, Litecoin\u2019s price struggled near the $95 resistance against the US Dollar. LTC price started a downside correction and traded below the $92 level. The price tested the 23.6% Fib retracement level of the upward move from the $5.26 swing low to the $95.00 high. However, the bulls seem to be protecting a downside break, unlike Bitcoin and Ethereum. Litecoin is now consolidating above the $90 level. It is trading above $90 and the 100 simple moving average (4 hours). There is also a key contracting triangle forming with resistance near $92.50 on the 4-hour chart of the LTC\/USD pair. Source: LTCUSD on TradingView.com On the upside, immediate resistance is near the $93 zone. The next major resistance is near the $95 level. If there is a clear break above the $95 resistance, the price could start another strong increase. In the stated case, the price is likely to continue higher toward the $100 and $105 levels. Any more gains might send LTC\u2019s price toward the $112 resistance zone. Fresh Decline in LTC? If Litecoin price fails to clear the $95 resistance level, there could be a fresh decline. Initial support on the downside is near the $91 level and the triangle lower trend line. The next major support is forming near the $85 level or the 50% Fib retracement level of the upward move from the $5.26 swing low to the $95.00 high, below which there is a risk of a move toward the $80 support. Any further losses may perhaps send the price toward the $75 support. Technical indicators: 4-hour MACD \u2013 The MACD is now gaining pace in the bullish zone. 4-hour RSI (Relative Strength Index) \u2013 The RSI for LTC\/USD is above the 50 level. Major Support Levels \u2013 $91.00 followed by $85.00. Major Resistance Levels \u2013 $93.00 and $95.00.<\/p>\n","protected":false},"author":67,"featured_media":405574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16897],"tags":[10,2828,2831,79510],"class_list":["post-534554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-litecoin","tag-ltc","tag-ltcusd","tag-ltcusdt"],"acf":[],"yoast_head":"\nLitecoin Price Prediction: LTC Could Surge 10% If It Clears This Resistance<\/title>\n<meta name=\"description\" content=\"Litecoin price is attempting an upside break above $93 against the US Dollar. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/uniquehot.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Litecoin Price Prediction: LTC Could Surge 10% If It Clears This Resistance","url":"http:\/\/uniquehot.com\/news\/litecoin\/litecoin-price-prediction-ltc-105-2\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/litecoin\/litecoin-price-prediction-ltc-105-2\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/11\/Litecoin-price-ltcanalysis.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/11\/Litecoin-price-ltcanalysis.jpg?fit=1000%2C667"},"articleSection":"Litecoin","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["litecoin","ltc","ltc\/usd","ltcusdt"],"dateCreated":"2023-05-23T05:39:51Z","datePublished":"2023-05-23T05:39:51Z","dateModified":"2024-06-11T07:45:32Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Litecoin Price Prediction: LTC Could Surge 10% If It Clears This Resistance\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/litecoin\\\/litecoin-price-prediction-ltc-105-2\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/litecoin\\\/litecoin-price-prediction-ltc-105-2\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/Litecoin-price-ltcanalysis.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/Litecoin-price-ltcanalysis.jpg?fit=1000%2C667\"},\"articleSection\":\"Litecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"litecoin\",\"ltc\",\"ltc\\\/usd\",\"ltcusdt\"],\"dateCreated\":\"2023-05-23T05:39:51Z\",\"datePublished\":\"2023-05-23T05:39:51Z\",\"dateModified\":\"2024-06-11T07:45:32Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/11\/Litecoin-price-ltcanalysis.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/534554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=534554"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/534554\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/405574"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=534554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=534554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=534554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}