Litecoin

altFINS

Token

Convergence

Chainlink

<p>A trader known as <a href="https://twitter.com/CaptainCrypto33/status/1766270014577852850?t=z5HYKhVuAkVTaCuQUXNGnA&amp;s=19" target="_blank" rel="nofollow">CaptainCrypto</a> was closely monitoring the movements of Litecoin (LTC). With a keen eye and a deep understanding of technical analysis, he noticed a promising pattern emerging.</p> 
<p>“Litecoin is breaking out, target: $110. Then we sell. Just kidding!!!!!!! We don’t sell till $1000+ Let’s go $LTC!” CaptainCrypto proclaimed, his excitement palpable in the digital realm.</p> 
<p>His analysis was backed by the expert insights of altFINS, a renowned cryptocurrency analysis firm. According to their report, the trade setup for Litecoin was looking bullish across all timeframes – short, medium, and long-term.</p> 
<p><em>“Price is in an Uptrend,” altFINS explained. “Following a bullish breakout from a Symmetrical Triangle, price rallied +40% to our target of $95, where it got overbought (RSI &gt; 80) and pulled back on some profit-taking.”</em></p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF?
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>NuggetRush</strong></a> today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>For those unfamiliar with technical analysis, the Relative Strength Index (RSI) is an indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions. An RSI value above 80 is considered overbought, signaling a potential pullback or reversal.</p> 
<p>altFINS continued, “Pullback near $80 support for another swing trade entry in Uptrend with +19% upside potential back to $95. Stop Loss (SL) at $76. (set a price alert).”</p> 
<p>A stop-loss order is a type of trade order that instructs the broker to sell a security when it reaches a certain price, helping to limit potential losses.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-364-1024x573.png" alt="" class="wp-image-450691" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-364-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-364-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-364-768x430.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-364-1536x860.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-364-2048x1147.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-364-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-364-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-364-625x350.png 625w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-364-788x441.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-364.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p><em>Source: </em><strong><a class="thirstylink" rel="nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p> 
<p>The altFINS analysis also delved into the momentum and trend indicators. “Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line, and RSI is above 55, but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.”</p> 
<p>The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. When the MACD line crosses above the signal line, it signals a bullish trend, but declining histogram bars indicate waning momentum.</p> 
<p>Finally, altFINS outlined the key support and resistance levels. “Nearest Support Zone is $80 (previous resistance), then $70. The nearest Resistance Zone is $95, then $115.”</p> 
<p>With this comprehensive analysis in hand, CaptainCrypto and fellow traders prepared to ride the Litecoin wave, keeping a watchful eye on the market and adjusting their strategies as needed.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/fantom-ftm-sees-significant-uptick-in-whale-transactions-and-market-sentiment-which-could-continue-to-surge-price-higher/" target="_blank">Fantom (FTM) Sees Significant Uptick in Whale Transactions and Market Sentiment Which Could Continue to Surge Price Higher</a></li> 
 <li><a href="https://captainaltcoin.com/sei-token-on-the-verge-analyst-predicts-surge-to-this-next-price-level-but-theres-a-catch/" target="_blank">SEI Token on the Verge: Analyst Predicts Surge to This Next Price Level, But There’s a Catch</a></li> 
 <li><a href="https://captainaltcoin.com/bull-run-2024-blockdag-presale-soars-chainlink-tron/" target="_blank">BlockDAG Presale In Full Swing Raises Above $3M In Presale Amid Chainlink and TRON Price Surges</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/litecoin-is-breaking-out-as-ltc-turns-bullish-across-all-timeframes-here-are-the-targets-to-watch/">Litecoin Is Breaking Out as LTC Turns Bullish Across All Timeframes: Here Are the Targets to Watch</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Litecoin Is Breaking Out as LTC Turns Bullish Across All Timeframes: Here Are the Targets to Watch

Table of Contents

CaptainAltcoin

Other articles published on Mar 9, 2024

Investor’s Guide to the 2024 Bull Market: Spotlight on Bitcoin (BTC), Furrever Token (FURR), and ...

Meme Coin Frenzy: PEPE, Doge, BONK See Double-Digit Surge; Whales Gather for Uniswap’s Recent Mem...

Cryptopia to return crypto to users following 2019 hack

Top Cryptos to Watch After Bitcoin Breaks $70000: BTC- DOGE- GRT Predictions

Bitcoin (BTC) Faces Issues at $70,000, Solana (SOL) to Hit New Yearly High, Major XRP Problem Occurs

Expert Analyst Weighs in on Bitcoin ETFs and Market Dynamics

Join our free newsletter for daily crypto updates!