• 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
    Ethereum price

    Ethereum price expected to cross $1,300 as bulls dominate the markets

    TaxBit

    TaxBit receives investment funds from PayPal and Coinbase

    Cardano price prediction_ ADA to retest $0.35, analyst

    Cardano price prediction: ADA to retest $0.35, analyst

    Crypto market cap

    Crypto market cap reaches ATH: crosses $1 Trillion

    Litecoin price prediction_ LTC to $180, analyst

    Litecoin price prediction: LTC to $180, analyst

    Ripple price prediction: Rise to $0.45 ahead, analyst

    Ripple price prediction: Rise to $0.45 ahead, analyst

    Bitcoin price prediction: BTC to $43,000, analyst

    Bitcoin price prediction: BTC to $43,000, analyst

    Ripple

    Ripple can serve as a bridge between CBDCs

    Litecoin price breaks past $45 resistance; rise to $50 next? 1

    Conversation with Norbert Goffa – Сo-founder of ILCOIN – about the cryptocurrency market, trends and vision

    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
    Ethereum price

    Ethereum price expected to cross $1,300 as bulls dominate the markets

    TaxBit

    TaxBit receives investment funds from PayPal and Coinbase

    Cardano price prediction_ ADA to retest $0.35, analyst

    Cardano price prediction: ADA to retest $0.35, analyst

    Crypto market cap

    Crypto market cap reaches ATH: crosses $1 Trillion

    Litecoin price prediction_ LTC to $180, analyst

    Litecoin price prediction: LTC to $180, analyst

    Ripple price prediction: Rise to $0.45 ahead, analyst

    Ripple price prediction: Rise to $0.45 ahead, analyst

    Bitcoin price prediction: BTC to $43,000, analyst

    Bitcoin price prediction: BTC to $43,000, analyst

    Ripple

    Ripple can serve as a bridge between CBDCs

    Litecoin price breaks past $45 resistance; rise to $50 next? 2

    Conversation with Norbert Goffa – Сo-founder of ILCOIN – about the cryptocurrency market, trends and vision

    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 breaks past $45 resistance; rise to $50 next?

Taha Farooqui by Taha Farooqui
May 30, 2020
in Litecoin News
2 min read
Litecoin Featured Image
586
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

After a brief retracement, the Litecoin price turned bullish on the 30th of May and moved above the $47 mark. The cryptocurrency broke past the $45 resistance, while it traded within a day’s range of $44.20 — $47.27.

1-Day Litecoin price pnalysis (30th May)

Litecoin Price ChartLitecoin Price Chart by TradingView

At the start of the day, the LTCUSD pair stood below the $44.50 level. The cryptocurrency appeared bullish and rallied across the $47 mark in the evening of the 30th of May. Litecoin approached a day’s high of $47.27 US Dollars. At the time of writing, LTCUSD traded at $47.17 US Dollars.

RelatedPosts

Litecoin price prediction: LTC to $180, analyst

Litecoin price prediction: LTC to break past $200, analyst

Litecoin price prediction: LTC towards $173, analyst

Litecoin price prediction: LTC aiming for $200

Litecoin breaks past $45 resistance

Alexander_Harford is a TradingView analyst who suggested that the LTCUSD pair would pull back from the $45 resistance. The analyst added that the resistance had already been tested twice after the 22nd of May and that it proved its reliability. As per the idea, the cryptocurrency’s price was to fall back towards the key level at $43.

Litecoin Featured Price ChartLitecoin Price Chart by Trading View

On the 30th of May, the LTCUSD pair broke past the $45 resistance, following a bullish rally towards the $47 mark. This means that the idea failed to play.

Litecoin: move towards $50 resistance next?

Kyer is another TradingView analyst who believes that the cryptocurrency will see an upward movement towards the psychological resistance at $50.

This trading idea depicts the $40 psychological support level as the entry point, while the LTCUSD pair lies at the $47 mark.

Litecoin Featured Price ChartLitecoin Price Chart by Trading View

The idea is yet to come into play, while the completion of this idea also depends on the price trend followed by the cryptocurrency king, Bitcoin BTC.

The Relative Strength Index (RSI) appeared bullish at the time the LTCUSD pair began the upward movement. The RSI approached a high of 83.60, which means that Litecoin was overbought at the time. At the time of writing, the RSI stood at 51.45 on its scale.

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan holds no liability towards any investments based on the information provided on this page.

Taha Farooqui

Taha Farooqui

Taha specializes in copywriting & translating texts. He aims to cover cryptocurrencies & blockchain in both English and local dialects in the Middle Eastern regions. He has helped write, translate, and localize the material related to cryptocurrencies and blockchain.

Related Posts

Litecoin price prediction_ LTC to $180, analyst
Litecoin News

Litecoin price prediction: LTC to $180, analyst

January 7, 2021
Litecoin price prediction_ LTC to break past $200, analyst
Litecoin News

Litecoin price prediction: LTC to break past $200, analyst

January 6, 2021
Litecoin price prediction_ LTC towards $173, analyst
Litecoin News

Litecoin price prediction: LTC towards $173, analyst

January 5, 2021

Follow Us

  • 40.6k Fans
  • 8.3k Followers

Latest News

Binance Coin price prediction_ BNB to $56, analyst

Binance Coin price prediction: BNB to $56, analyst

January 7, 2021
Ethereum price

Ethereum price expected to cross $1,300 as bulls dominate the markets

January 7, 2021
TaxBit

TaxBit receives investment funds from PayPal and Coinbase

January 7, 2021
Cardano price prediction_ ADA to retest $0.35, analyst

Cardano price prediction: ADA to retest $0.35, analyst

January 7, 2021
Crypto market cap

Crypto market cap reaches ATH: crosses $1 Trillion

January 7, 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 3

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.

© 2020 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.