• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Saturday, January 28, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Litecoin Breezes Past $64 Level As LTC Picks Up Speed

August 15, 2022
in Bitcoin
Reading Time: 2 mins read
A A
ShareShareShareShareShare

Related articles

Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year – Markets and Prices Bitcoin News

January 28, 2023

Marathon plans 250 MW Abu Dhabi bitcoin mining JV

January 27, 2023

Litecoin (LTC) price shows an extremely bullish trajectory as it aims to breach the $64.02 mark.

  • Litecoin immensely bullish as it targets to breach the $64.02 mark.
  • Support spotted at the $60.87 level.
  • Price facing hurdles at the $64.32 zone.

On the other hand, LTC is facing hurdles at $64.32 as the bulls’ strong upheaval waned a bit. LTC’s price was at $60.87 early today and has even managed to reach a high of $64.32 with the bulls trying to nudge the prices higher.

LTC price has seen a tremendous boost of more than 3.47% as seen overnight and currently trades along the $64 range. Trading volume has also spiked to as much as $404 million in a 24-hour timeframe.

According to CoinMarketCap, LTC is up by 0.49% and currently trading at $64.38 as of this writing.

Litecoin New Target: $70

On a 4-hour timeframe, LTC price is looking very bullish and registering higher highs and higher lows. More so, LTC was able to break past the channel that it was stuck within the past week. Such breach hints at an optimistic market response and development intensifying the dominance of the bulls.

The LTC/USD pair currently trades above the 50 SMA and also the 200 SMA, indicating that the bulls are now on top of the market.

RSI for Litecoin is spotted at 63.83, implying that the market is sliced in between the overbought and oversold territory. More so, LTC’s MACD is extremely bullish indicating that the bulls are in control of the market as of press time.

LTC price shows that the bullish fervor is still strong in the market and can uptick in the coming days. LTC was able to breeze past the $64.02 and now the $64.32 mark which opens up the next target level set at $70.

On the other hand, the support zone is now spotted at $60.87, and if the bears can push the price below this zone, then that could potentially favor a massive sell-off.

LTC To Enjoy Continuous Steady Pace

LTC price analysis shows that the coin is enjoying an upward and bullish momentum with so much wiggle room for positive market sentiment and activities. More so, the 24-hour chart also shows that the market is also generating more gains. 

Now, investors should keep an eye on buying when there are tiny dips in the market because the LTC price is set to go higher in the coming days.

TRON total market cap at $4.35 billion on the daily chart | Source: TradingView.com

Featured image from AMBCrypto, Chart from TradingView.com

Credit: Source link

ShareTweetSendPinShare
Previous Post

Terraform labs founder Do Kwon’s First Interview After the Meteoric fall – Coinpedia – Fintech & Cryptocurreny News Media

Next Post

XRP investors on high alert as Ripple bags another win over SEC

Related Posts

Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year – Markets and Prices Bitcoin News

January 28, 2023

Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s...

Marathon plans 250 MW Abu Dhabi bitcoin mining JV

January 27, 2023

Marathon Digital, a crypto mining company, is initiating a $406 million joint venture (ADGM Entity) with FS Innovation to build...

Inflation May Be In A Lull, What Does That Mean For Bitcoin?

January 27, 2023

In a recent tweet Ben Lilly, co-founder of Jarvis Labs, the on-chain analytics and token design firm, gave his analysis...

Biden Admin Roadmap Cryptocurrency Risks – Bitcoin Magazine

January 27, 2023

The Biden Administration has posted an official blog detailing its roadmap to mitigate the risks of cryptocurrencies.The roadmap starts by...

Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

January 27, 2023

Amid the ubiquitous rally in the crypto market, multiple crypto assets including MATIC have climbed higher highs, thriving to reach...

Load More
Next Post

XRP investors on high alert as Ripple bags another win over SEC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Jim Cramer Expects SEC to ‘Do a Roundup’ of Uncompliant Crypto Firms — Urges Investors to Get Out of Crypto Now – Regulation Bitcoin News

January 7, 2023

Solana Beats Competitors In Market Cap

January 7, 2023

Flow Price Prediction as Altcoin’s Price Surges After New Partnership

January 12, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year – Markets and Prices Bitcoin News
  • New York introduces bill to legalize crypto payments for state purposes
  • Lawyer Predicts Grayscale’s Win Against The SEC In Supreme Court

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$23,117.001.47%
  • ethereumEthereum(ETH)$1,597.861.73%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.00-0.01%
  • usd-coinUSD Coin(USDC)$1.000.10%
  • binancecoinBNB(BNB)$307.741.91%
  • rippleXRP(XRP)$0.4123031.64%
  • binance-usdBinance USD(BUSD)$1.000.04%
  • cardanoCardano(ADA)$0.3903894.65%
  • dogecoinDogecoin(DOGE)$0.0878413.58%
  • matic-networkPolygon(MATIC)$1.156.67%
  • okbOKB(OKB)$37.976.82%
  • solanaSolana(SOL)$24.503.05%
  • staked-etherLido Staked Ether(STETH)$1,592.211.50%
  • polkadotPolkadot(DOT)$6.593.59%
  • shiba-inuShiba Inu(SHIB)$0.0000123.21%
  • avalanche-2Avalanche(AVAX)$20.9417.59%
  • litecoinLitecoin(LTC)$88.512.36%
  • tronTRON(TRX)$0.0631662.68%
  • uniswapUniswap(UNI)$6.823.21%
  • daiDai(DAI)$1.00-0.09%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$23,092.001.54%
  • cosmosCosmos Hub(ATOM)$13.696.09%
  • ToncoinToncoin(TON)$2.567.34%
  • leo-tokenLEO Token(LEO)$3.997.26%
  • chainlinkChainlink(LINK)$7.435.38%
  • moneroMonero(XMR)$180.186.26%
  • ethereum-classicEthereum Classic(ETC)$22.012.83%
  • AptosAptos(APT)$18.071.89%
  • bitcoin-cashBitcoin Cash(BCH)$134.160.78%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • stellarStellar(XLM)$0.0933502.61%
  • apecoinApeCoin(APE)$6.304.79%
  • quant-networkQuant(QNT)$151.913.39%
  • nearNEAR Protocol(NEAR)$2.585.11%
  • crypto-com-chainCronos(CRO)$0.0820483.48%
  • filecoinFilecoin(FIL)$5.452.41%
  • lido-daoLido DAO(LDO)$2.394.78%
  • algorandAlgorand(ALGO)$0.2617918.19%
  • vechainVeChain(VET)$0.0247835.71%
  • hedera-hashgraphHedera(HBAR)$0.0691354.57%
  • internet-computerInternet Computer(ICP)$6.025.62%
  • axie-infinityAxie Infinity(AXS)$11.702.79%
  • decentralandDecentraland(MANA)$0.7310.26%
  • aaveAave(AAVE)$87.180.99%
  • the-sandboxThe Sandbox(SAND)$0.787.82%
  • eosEOS(EOS)$1.111.24%
  • fantomFantom(FTM)$0.468324-3.69%
  • flowFlow(FLOW)$1.102.69%
  • elrond-erd-2MultiversX(EGLD)$45.074.34%