Convergence

Litecoin

Coin

Divergence

<![CDATA[<figure class="image"><img src="https://cimg.co/news/124019/327640/ltc.jpg" srcset="https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_1724_957.jpg 1724w, https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_1200_666.jpg 1200w, https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_900_500.jpg 900w, https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_720_400.jpg 720w, https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_600_333.jpg 600w, https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_300_167.jpg 300w" width="1724" class="content-img" alt=""></figure>Amidst the dynamic cryptocurrency landscape, <a href="https://www.tradingview.com/symbols/LTCUSD/">Litecoin (LTC)</a> is garnering attention, not only for its appreciable price movement but also for its soaring trading volume, placing it among the top 10 most traded coins.&nbsp;Currently trading at $64.34, Litecoin has witnessed a positive shift of nearly 1.50% within the past 24 hours.&nbsp;A glance at <a href="https://coinmarketcap.com/currencies/litecoin/">CoinMarketCap</a> indicates its ranking at #15, fortified by a robust live market capitalization of approximately $4.74 billion.Further, with a circulating supply of 73,612,302 LTC out of a predetermined cap of 84,000,000 LTC, market speculators are eager to see if Litecoin has the momentum to breach the ambitious $1,000 threshold.&nbsp;Stay attuned as we delve deeper into LTC's potential trajectory.<h2 id="strong-litecoin-price-prediction-strong">Litecoin Price Prediction&nbsp;</h2>From a technical perspective, <a href="https://coinmarketcap.com/currencies/litecoin/">Litecoin</a>'s trading pattern indicates some uncertainty.&nbsp;After its unsuccessful attempt to surpass the $65 resistance level, its consistent candle closures below $67, which corresponds to the 23.6% Fibonacci retracement, suggest that a price correction could be on the horizon.&nbsp;Notably, the emergence of neutral candles such as dojis and spinning tops hint at indecision among investors.Analyzing the four-hour timeframe, Litecoin's price oscillates around the 50-day exponential moving average, further emphasizing the tug-of-war between bulls and bears.&nbsp;Divergence is evident when comparing technical indicators like the Oscillator Indicator, Relative Strength Index (RSI), and the Moving Average Convergence Divergence (MACD).&nbsp;The RSI, lingering below the 50 mark, insinuates a bearish sentiment. Conversely, the MACD, with its histograms above zero and displaying green bars, signals that bullish momentum might be gaining strength.<figure class="image"><img src="https://cimg.co/news/124019/327640/ltc.jpg" srcset="https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_1724_957.jpg 1724w, https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_1200_666.jpg 1200w, https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_900_500.jpg 900w, https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_720_400.jpg 720w, https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_600_333.jpg 600w, https://cimg.co/news/124019/327640/responsive-images/ltc___media_library_original_300_167.jpg 300w" width="1724" class="content-img" alt=""><figcaption>Litecoin Price Chart - Source: Tradingview</figcaption></figure>However, the disparity between these indicators reveals market uncertainty, suggesting investors seek a catalyst to guide Litecoin's price trajectory.&nbsp;Key support for Litecoin is anticipated around the $63.75 level, underpinned by the 50-day exponential moving average.&nbsp;A decline beyond this could expose Litecoin to the $62.25 mark, with the significant $61 level acting as a potential stronghold.&nbsp;On the flip side, a bullish crossover above $64.85 could pave the way for an ascent to $66.85. Beyond this, the 38.2% Fibonacci retracement level might pose a challenge, potentially capping gains near the $70.43 mark.&nbsp;In summary, traders should closely monitor the pivotal $65 mark; a descent below may entice sellers, while a climb above could attract buying interest.<h2 id="strong-wall-street-memes-the-alternative-coin-worth-considering-strong">Wall Street Memes - The Alternative Coin Worth Considering</h2>The cryptocurrency market is attracting interest from individual investors who are exploring different investment options. Among these options, WSM, a meme coin, has gained considerable attention due to its presale, which has generated much anticipation among investors.<a href="https://cryptonews.com/news/buy-wall-street-memes.htm">Wall Street Memes</a>, an online community popular for catering to these investors, is behind the coin.Strong investor interest has been observed during the presale of Wall Street Memes, with over $300,000 raised on the first day and a total of $25 million so far.&nbsp;Currently, WSM tokens are available for purchase at a price of $0.0337 during this presale period.&nbsp;This presents an exciting opportunity for growth and should not be overlooked.&nbsp;Get involved in Wall Street Memes now and become part of this rewarding and thrilling venture.<a href="https://cryptonews.com/ext/wallstreetmemes/en">Buy $WSM&nbsp;Here</a>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Litecoin Price Prediction as LTC Becomes Top 10 Most Traded Coin in the Market – Can LTC Reach $1,000?

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