LiteCoin Price Prediction – Apr 16

Litecoin price prediction consolidates steadily around $110 as buying pressure is poised to push the market back above price averages. the moving averages.

LTC/USDT Long-term Trend: Bearish (Daily chart) LTC/USDT is consolidating around $110 as the coin is poised to move higher by crossing above the 10-day and 50-day moving averages. However, the current trend suggests a growth momentum in the coming days. Meanwhile, buyers are expected to invest more as the market is expected to move up soon, recovering from the sharp drop. Lucky Block Price Prediction: LTC/USDT Bulls Would Push Higher.

LTC/USDT would start seeing increasing volume along with a rally to the upside. However, if the coin delays its upside move, the bears are likely to turn severe with more downside for new buyers to enter. However, you should always keep in mind the next level of support, which is found at $100. Looking at the 4 Hours chart, LiteCoin price would move higher as the technical indicator's Relative Strength Index (14) will recover. Therefore, the potential resistance levels at $125 and $140 will come into play as the bulls push the coin higher.

Note: SignalsBitcoin.com is not a financial advisor. Do your research before investing your funds in any financial asset or featured product or event. We are not responsible for your investment results

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Note: SignalsBitcoin.com is not a financial advisor. Do your research before investing your funds in any financial asset or featured product or event. We are not responsible for your investment results