Litecoin

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<ul> 
 <li>Litecoin (LTC) is moving above the $83 resistance level on the daily chart and closing above this level supports the uptrend.</li> 
 <li>If LTC continues to stay above the $83 level, it has the potential to rise up to $88.30 as a target.</li> 
 <li>When analyzing LTC’s price chart, the $83 level is considered as support, and a negative close below this level can trigger a downward movement.</li> 
</ul> 
<p><strong>LTC’s technical analysis shows that it is moving above the $83 resistance level on the daily chart and continuing the uptrend. Closures above this level support LTC’s progression towards the $88.30 target.</strong></p> 
<h2 id="strong-medium-term-ltc-price-analysis-strong"><strong>Medium-Term LTC Price Analysis</strong></h2> 
<p><a href="https://en.coinotag.com/wp-content/uploads/2023/06/Is-Litecoins-New-Target-100-June-21-LTC-Analysis.png"><img decoding="async" loading="lazy" class=" td-modal-image alignnone wp-image-133981 size-full" src="https://en.coinotag.com/wp-content/uploads/2023/06/Is-Litecoins-New-Target-100-June-21-LTC-Analysis.png" alt="1D LTC/USD Price Chart" width="3062" height="1654"></a></p> 
<p>1D LTC/USD Price Chart</p> 
<p>When examining Litecoin’s daily price chart, as we mentioned in our LTC analysis shared on June 15th, it was stated that it could reach the $83 levels as long as it stays above the $71.59 level.</p> 
<p>LTC price has reached the $85 levels today and provided a 14% return for Coinotag readers.</p> 
<p style="text-align: center;"><a href="https://en.coinotag.com/can-litecoin-trigger-a-bullish-movement-june-14-ltc-price-analysis/" target="_blank" rel="noopener">Click here to read the LTC analysis shared on June 15th.</a></p> 
<p>When evaluating Litecoin (LTC) technical chart, it can be observed that LTC continues its movements above the $83 resistance level. If LTC achieves daily candle closes above the $83 level, it can sustain the uptrend up to $88.30.</p> 
<p>It is important for LTC to achieve daily candle closes above the $83 level and maintain it as support.</p> 
<p>Additionally, if $83 is accepted as support and investors do not allow candle closes below this level, LTC can continue its uptrend up to $100.</p> 
<p>When considering LTC’s price chart along with its current resistance levels and support areas, surpassing certain levels can be crucial for LTC.</p> 
<h2 id="strong-short-term-ltc-price-analysis-strong"><strong>Short-Term LTC Price Analysis</strong></h2> 
<p><a href="https://en.coinotag.com/wp-content/uploads/2023/06/1687350473_891_Is-Litecoins-New-Target-100-June-21-LTC-Analysis.png"><img decoding="async" loading="lazy" class=" td-modal-image alignnone wp-image-133985 size-full" src="https://en.coinotag.com/wp-content/uploads/2023/06/1687350473_891_Is-Litecoins-New-Target-100-June-21-LTC-Analysis.png" alt="2 Hour LTC/USD Price Chart" width="3062" height="1654"></a></p> 
<p>2 Hour LTC/USD Price Chart</p> 
<p>When examining Litecoin’s (LTC) 2-hour price chart, it can be observed that LTC continues its uptrend.</p> 
<p>If LTC achieves 2-hour candle closes above the $85.77 level mentioned in the analysis, it can sustain the uptrend up to $89. However, if LTC fails to surpass the $85.77 resistance, it may initiate a downward movement towards the $80.43 support.</p> 
<p>The $85.77 level is important to determine LTC’s price direction. If LTC achieves candle closes above the $85.77 level, it indicates its intention to continue the uptrend to investors.</p> 
<p>However, if the $85.77 resistance is not broken, LTC may initiate downward movements towards the support areas mentioned in the analysis.</p>  
<p>The post <a rel="nofollow" href="https://en.coinotag.com/is-litecoins-new-target-100-june-21-ltc-analysis/">Is Litecoin’s New Target $100? June 21 LTC Analysis</a> appeared first on <a rel="nofollow" href="https://en.coinotag.com">COINOTAG EN</a>.</p>

Is Litecoin’s New Target $100? June 21 LTC Analysis

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