Litecoin

<ul><li>Litecoin (LTC) is moving near an important support level and the $76 level is playing a decisive role.</li><li>If the LTC price makes daily candlestick closes above the $76 level, it has the potential to rise to the $84 levels.</li><li>If the LTC price manages to hold onto the support range of $70 – $66, it can start a new uptrend and raise the price again.</li></ul>When examining Litecoin’s daily technical chart, it can be seen that it is moving near an important support level and certain price levels play a critical role.<h2 id="header-0">Support Levels and Price Prediction</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/900cc80deb8e428691380397994ba490.png" />Daily LTC/USD Price ChartWhen examining Litecoin’s daily technical chart, it can be seen that it is moving near an important support level.<a href="https://en.coinotag.com/altcoin-exchange-1333421" rel="noopener noreferrer nofollow">Newly Released Coins With Plenty of Zeros - Click Here to Buy at a Low Fee Before Anyone Else!</a>If the LTC price makes daily candlestick closes above the $76 level mentioned in the analysis, the uptrend movement may continue up to $84 levels.However, if LTC makes daily candlestick closes below the $76 level, it may move towards the support range of $70 – $66 as a downside target.LTC price can start an uptrend movement from the support range of $70 – $66 and continue the uptrend again if it manages to hold onto this range.<h3 id="strong-do-indicators-indicate-an-uptrend-for-ltc-strong">Do Indicators Indicate an Uptrend for LTC?</h3>When looking at what the indicators say for LTC, it can be seen that the RSI is moving at the 33 levels on the daily timeframe.<a href="https://en.coinotag.com/altcoin-exchange-1333421" rel="noopener noreferrer nofollow">Newly Released Coins With Plenty of Zeros - Click Here to Buy at a Low Fee Before Anyone Else!</a>For example, when LTC’s RSI fell to these levels on May 8th, it started a 25% uptrend movement and rose to the $97 levels.However, if the LTC price cannot make an uptrend movement from the bottom levels of RSI, the downtrend movement can continue up to the 20 levels of RSI.Source: <a href="https://en.coinotag.com/litecoins-potential-for-growth-analysis-and-opportunities/" rel="noopener noreferrer nofollow">https://en.coinotag.com/litecoins-potential-for-growth-analysis-and-opportunities/</a>

Litecoin’s Potential for Growth: Analysis and Opportunities!

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