• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Stellar Price

    Stellar Price Prediction: Is XLM/USD pair set to break above $0.30?

    Sharia-compliant exchange, CoinMENA prepares for launch with Bahrain license

    Sharia-compliant exchange, CoinMENA prepares for launch with Bahrain license

    Chainalysis: Crypto ransomware attacks rose by 311% in 2020

    Chainalysis: Crypto ransomware attacks rose by 311% in 2020

    Litecoin Price Prediction

    Litecoin price prediction: LTC ready to move lower to the $120 support

    Ripple Price

    Ripple Price Prediction: XRP/USD struggling to hit $0.30

    Ether reached $1,467 ATH as exchange outflow spikes

    Ether reached $1,467 ATH as exchange outflow spikes

    Institutional investors

    Institutional Investors not enough to save the Bitcoin market- JP Morgan

    IATA Travel Pass adopts blockchain to secure travelers' data

    IATA Travel Pass adopts blockchain to secure travelers’ data

    Cardano price

    Cardano price prediction: ADA to climb to $0.400 resistance

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Stellar Price

    Stellar Price Prediction: Is XLM/USD pair set to break above $0.30?

    Sharia-compliant exchange, CoinMENA prepares for launch with Bahrain license

    Sharia-compliant exchange, CoinMENA prepares for launch with Bahrain license

    Chainalysis: Crypto ransomware attacks rose by 311% in 2020

    Chainalysis: Crypto ransomware attacks rose by 311% in 2020

    Litecoin Price Prediction

    Litecoin price prediction: LTC ready to move lower to the $120 support

    Ripple Price

    Ripple Price Prediction: XRP/USD struggling to hit $0.30

    Ether reached $1,467 ATH as exchange outflow spikes

    Ether reached $1,467 ATH as exchange outflow spikes

    Institutional investors

    Institutional Investors not enough to save the Bitcoin market- JP Morgan

    IATA Travel Pass adopts blockchain to secure travelers' data

    IATA Travel Pass adopts blockchain to secure travelers’ data

    Cardano price

    Cardano price prediction: ADA to climb to $0.400 resistance

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Litecoin News

Litecoin price analysis 23 May 2019; slowly climbing the bear

Giorgi Mikhelidze by Giorgi Mikhelidze
May 23, 2019
in Litecoin News
2 min read
Litecoin price analysis 9 July 2019
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Last night was a really big drop in the cryptocurrency market, but Litecoin just surprised everybody with its sink within just a single second.

I mean, we did predict that a bear sentiment would soon hit the market, but looking at the LTC chart, it’s just simply not something we were anticipating to happen overnight, much less within 1 minute.

The price of LTC, dipped from $90 to $85 within just one minute last night, but quickly rebounded, giving the investors absolutely no time to replace their positions.

RelatedPosts

Litecoin price prediction: LTC ready to move lower to the $120 support

Litecoin price prediction: LTC to retest $160 resistance

Litecoin price prediction: LTC rebounds after failing to reach $120

Litecoin trend analysis: LTC/USD uptrend under threat as $130 support breaks

It’s a given that everybody is furious with LTC right now.

LTC price chart 23 may

LTC chart by TradingView

Due to such a sudden fall, it’s expected that the market will correct itself within the next couple of hours. In fact, it has been well at work of doing so. Climbing up from $85 to $88 within just 6 hours or so.

It’s expected that the most resistance will be felt at the $91 price point, as it was the biggest dip this week. Surpassing it is basically inviting the bear again, so every investor will have to consider to either HODL or succumb to the sentiment.

It’s unlikely that the coin will fall lower than $85 anytime this month, and tomorrow is no exception. Although no major gains should be expected as well.

The support levels right now sit at $85 and $83 price points. If they are broken, then a bull will most likely correct the market once again.

For the short term, I’d hold off until Saturday to make major deposits with Litecoin, as tomorrow is feeling to be quite passive. But Monday is looking promising with a potential $100 breakthrough.

Giorgi Mikhelidze

Giorgi Mikhelidze

Georgian-born blockchain enthusiast Giorgi leverages his software development background for on point market commentary and analysis. A brief stint with Finance Makers and he's now covering crypto news for high authority websites with the tip learned from past experience, "Whenever you see people talking about the weakness of your idea, don't see it as criticism."

Related Posts

Litecoin Price Prediction
Litecoin News

Litecoin price prediction: LTC ready to move lower to the $120 support

January 25, 2021
Litecoin price
Litecoin News

Litecoin price prediction: LTC to retest $160 resistance

January 23, 2021
Litecoin price prediction
Litecoin News

Litecoin price prediction: LTC rebounds after failing to reach $120

January 22, 2021

Follow Us

  • 40.6k Fans
  • 8.3k Followers

Latest News

Stellar Price

Stellar Price Prediction: Is XLM/USD pair set to break above $0.30?

January 25, 2021
Sharia-compliant exchange, CoinMENA prepares for launch with Bahrain license

Sharia-compliant exchange, CoinMENA prepares for launch with Bahrain license

January 25, 2021
Chainalysis: Crypto ransomware attacks rose by 311% in 2020

Chainalysis: Crypto ransomware attacks rose by 311% in 2020

January 25, 2021
Litecoin Price Prediction

Litecoin price prediction: LTC ready to move lower to the $120 support

January 25, 2021
Ripple Price

Ripple Price Prediction: XRP/USD struggling to hit $0.30

January 25, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 1

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.