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Cryptopolitan 2021-09-13 12:19:48

Litecoin price analysis: We expect LTC/USD to hike to $190

TL; DR Breakdown The daily Litecoin price chart began the day with the sellers in command of the market.The Bollinger bands are narrow on the daily Litecoin price analysis chart, suggesting a mild volatile market.The LTC/USD pair price has reached $174 at the time of writing. Litecoin price analysis: General price overview  The daily Litecoin price analysis chart began the day with the sellers in command of the market. Bulls established solid support at the low end of the day’s trading, $170, five minutes later. As a result, prices rose and formed head and shoulder patterns to the intraday highs of $185, which sellers had established. Sellers erected a significant barrier that made it hard for the bulls to overcome. As a result, strong resistance by sellers allowed them to dominate the LTC/USD market, resulting in sharp drops. The LTC/USD pair price has reached $174 at the time of writing. After yesterday’s bullish activity of the first half, LTC was continuously on the decline for the rest of the day, though overall, an increase in total value was noted yesterday. Still, bears were ruling the LTC market unchallenged till the end of the day. Source: Coin360 Bitcoin is trading at $44K, a -2 percent variation from the previous close. Bitcoin’s closest competition has fallen slightly below $3.2K with more than a 5% difference. Binance Coin (BNB) is also losing value in the same negative direction. The price of ...

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