{"id":654163,"date":"2024-11-21T05:08:35","date_gmt":"2024-11-21T05:08:35","guid":{"rendered":"https:\/\/uniquehot.com\/?p=654163"},"modified":"2024-11-21T04:09:48","modified_gmt":"2024-11-21T04:09:48","slug":"litecoin-ltc-at-a-crossroads-88","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/ltc\/litecoin-ltc-at-a-crossroads-88\/","title":{"rendered":"Litecoin (LTC) at a Crossroads: Can It Rebound and Rally?"},"content":{"rendered":"
Litecoin price is consolidating above the $80.00 level against the US Dollar. LTC could start a fresh increase if it clears the $88.00 resistance zone.<\/em><\/p>\n
\n
Litecoin is showing positive signs from the $80 support zone against the US Dollar.<\/li>\n
The price is now trading below $88 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bearish trend line forming with resistance at $86.00 on the hourly chart of the LTC\/USD pair (data feed from Kraken).<\/li>\n
The price could start a fresh increase if it clears the $88.00 resistance zone.<\/li>\n<\/ul>\n
Litecoin Price Eyes Fresh Increase<\/h2>\n
After forming a base above $85, Litecoin started a fresh increase. LTC price broke the $88 and $90 resistance levels to move into a positive zone, like Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n