Litecoin

Daily

<ul> 
 <li>In the LTC daily chart, it can sustain its rise up to $119 with daily candle closes above $105.</li> 
 <li>The most critical support level is $89.44, and LTC may want to stay above this level.</li> 
 <li>If it cannot break the $105 resistance, it may experience a drop down to $77.</li> 
</ul> 
When examining the daily chart of LTC, it is observed that daily candle closes above $105 can carry the rise up to $119, and the support level of $89.44 is an important point. However, if the $105 resistance cannot be broken, there is a possibility of further decline. 
<h2 id="strong-medium-term-ltc-analysis-strong">Medium-Term LTC Analysis</h2> 
<a href="https://en.coinotag.com/wp-content/uploads/2023/06/Litecoin-LTC-120-New-Target-June-30-LTC-Analysis.png"><img decoding="async" class=" td-modal-image alignnone wp-image-134447 size-full" src="https://en.coinotag.com/wp-content/uploads/2023/06/Litecoin-LTC-120-New-Target-June-30-LTC-Analysis.png" alt="Daily LTC/USD Price Chart" width="3190" height="1656"></a> 
Daily LTC/USD Price Chart 
When examining the daily technical chart of Litecoin, it is observed that it can sustain its upward movement up to $119 with daily candle closes above the $105 level. However, for LTC to achieve its rise to $119 levels, it needs to make daily closes above the $105 level. 
On the other hand, the most critical support zone for Litecoin is at $89.44. LTC may want to continue its upward trend by holding above the $89.44 support. 
If Litecoin cannot break the $105 resistance, it can initiate a downward movement and reach levels as low as $77. Therefore, LTC investors should carefully monitor the $105 resistance. 
Short-Term LTC Analysis 
<a href="https://en.coinotag.com/wp-content/uploads/2023/06/1688140357_943_Litecoin-LTC-120-New-Target-June-30-LTC-Analysis.png"><img decoding="async" loading="lazy" class=" td-modal-image alignnone wp-image-134448 size-full" src="https://en.coinotag.com/wp-content/uploads/2023/06/1688140357_943_Litecoin-LTC-120-New-Target-June-30-LTC-Analysis.png" alt="2-Hour LTC/USD Price Chart" width="3190" height="1656"></a> 
2-Hour LTC/USD Price Chart 
When examining the 2-hour technical chart of Litecoin, it can be seen that it has experienced an upward movement as we mentioned in our short-term technical analysis yesterday. The LTC analysis shared on our website has provided our readers with a gain of more than 7%. 
<a href="https://en.coinotag.com/can-litecoin-rise-to-100-june-29-ltc-analysis/" target="_blank" rel="noopener">Click Here to Review the LTC Analysis We Shared Yesterday.</a> 
When examining the short-term technical chart of Litecoin, it is observed that there is a potential to continue the upward trend with 2-hour candle closes above the $92.16 level. As long as the LTC price stays above the $92 support, it can expand its upward movement towards $102. 
In addition, if Litecoin can hold above $95 in the 30-minute time frame, it can sustain its rise up to $99.50. However, if LTC makes 30-minute candle closes below $95, it can extend the downward movement to $92. 
If Litecoin achieves 2-hour candle closes above the $103 level, it can continue its rise towards $108. 
The post <a rel="nofollow" href="https://en.coinotag.com/litecoin-ltc-120-new-target-june-30-ltc-analysis/">Litecoin (LTC) $120 New Target? June 30 LTC Analysis</a> appeared first on <a rel="nofollow" href="https://en.coinotag.com">COINOTAG EN</a>.

Litecoin (LTC) $120 New Target? June 30 LTC Analysis

Table of Contents

CO NEWS

Other articles published on Jun 30, 2023

2.21 Trillion SHIB in Whales' Wallets Move as Shiba Inu Eyes Bullish Advance

Delist News Shocked For 3 Altcoins From The US Giant Bank!

🛡️Embrace the opportunities of the #DecentralizedWorld!🛡️

Breaking: SEC Returns Bitcoin ETF Applications, Triggers Massive Crypto Market Meltdown

Bitcoin Cash (BCH) Witnesses Dramatic Surge

Ripple vs. SEC: Here’s How XRP Secondary Market Sales Will Impact Other Crypto Lawsuits

Join our free newsletter for daily crypto updates!