• 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
    MicroStrategy

    MicroStrategy buys more Bitcoin yet again

    digital dollar currency

    Digital dollar currency set to launch in Canada

    Binance Coin price

    Binance Coin price: BNB recovers $250, what’s next?

    Crypto

    Cryptocurrency is not a legal tender in Nigeria- CBN Governor

    crypto ban

    Crypto ban: Hong Kong considers banning small-scale Bitcoin investments

    How ethbox Can Help Generate Passive Income 1

    How ethbox Can Help Generate Passive Income

    Bitcoin

    Bitcoin price recovers above $50,000 as Square buys $170M worth of BTC

    China is jointly exploring a cross-border digital currency project

    China is jointly exploring a cross-border digital currency project

    PDAX

    PDAX exchange glitch allows user to buy Bitcoin for $6,000

    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
    • Sushi Price
    • Uniswap 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
    MicroStrategy

    MicroStrategy buys more Bitcoin yet again

    digital dollar currency

    Digital dollar currency set to launch in Canada

    Binance Coin price

    Binance Coin price: BNB recovers $250, what’s next?

    Crypto

    Cryptocurrency is not a legal tender in Nigeria- CBN Governor

    crypto ban

    Crypto ban: Hong Kong considers banning small-scale Bitcoin investments

    How ethbox Can Help Generate Passive Income 2

    How ethbox Can Help Generate Passive Income

    Bitcoin

    Bitcoin price recovers above $50,000 as Square buys $170M worth of BTC

    China is jointly exploring a cross-border digital currency project

    China is jointly exploring a cross-border digital currency project

    PDAX

    PDAX exchange glitch allows user to buy Bitcoin for $6,000

    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
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Litecoin News

Litecoin price goes sideways and below $55

Aroosa Nadeem by Aroosa Nadeem
September 27, 2019
in Litecoin News
2 min read
Litecoin price 27 September 2019
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

In the previous week, Litecoin price experienced about twenty-six percent (26%) decreases, following the crypto market’s prevailing plunge. The cryptocurrency witnessed yet another three percent (3%) decline that led the price to fifty-five dollars ($55).

Although the current situation seems bleak, however; Litecoin is still holding it firm against Bitcoin. Through the latest phase of instability, it has moved sideways. Litecoin (LTC) is now the sixth-largest digital currency now, with the market cap of a little over three billion dollars ($3.49B).

Litecoin price movement: What to expect?

Litecoin price plummeted violently against the USD. The currency fell low as much as fifty dollars ($55) before rebounding higher. Now LTC is trading at the support level provided at fifty-five dollars ($55) mark.

RelatedPosts

Litecoin price prediction: Can LTC make a recovery to $240?

Litecoin price prediction: LTC to $220, analyst

Litecoin price prediction: LTC to rise to $170 resistance

Litecoin price prediction: LTC ready to test $155 again

In case of bulls breaking fifty-five dollars ($55), resistance lies at a little over fifty-six dollars ($56.60), a little over fifty-nine dollars ($59.27), sixty dollars, sixty-three dollars and a little over seventy dollars ($70.82).

Above a little over seventy-four dollars ($74.82), greater resistance lies at eighty dollars, a little over eighty-five dollars ( $85.65) and ninety dollars.

Litecoin price chart 1Litecoin price chart by Trading View

The closest level of support is at fifty-four dollars ($54) mark. Below this, the support is located at a little over fifty-one dollars( $51.84), fifty dollars, a little over forty-seven dollars ( $47.60) and forty-five dollars ($45) marks. In case the LTC price drops below forty-five dollars ($45), support at a little over forty-two dollars ($42.63) can be expected.

During the past days, a period of aggressive selling prevailed that increased the trade volume. To overbuy the situation, RSI plummeted, and this indicates that the sellers are controlling the market momentum completely.

Although the Stochastic RSI created a bullish signal which indicated a potential recovery, however, there is an interesting bearish sign to be noticed on the (100) hundred-day EMA crossing beneath the two-hundred EMA, and that is called ‘ death cross.’ This could be a sign of bearish trend for the longer-term.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

Related Posts

Litecoin price
Litecoin News

Litecoin price prediction: Can LTC make a recovery to $240?

February 22, 2021
Litecoin price prediction: LTC to $220, analyst
Litecoin News

Litecoin price prediction: LTC to $220, analyst

February 10, 2021
Litecoin price
Litecoin News

Litecoin price prediction: LTC to rise to $170 resistance

February 8, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

MicroStrategy

MicroStrategy buys more Bitcoin yet again

February 24, 2021
digital dollar currency

Digital dollar currency set to launch in Canada

February 24, 2021
Binance Coin price

Binance Coin price: BNB recovers $250, what’s next?

February 24, 2021
Crypto

Cryptocurrency is not a legal tender in Nigeria- CBN Governor

February 24, 2021
crypto ban

Crypto ban: Hong Kong considers banning small-scale Bitcoin investments

February 24, 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.

© 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
    • Sushi Price
    • Uniswap 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.