• 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
    Bitcoin price prediction Bulls buy the dip to push BTCUSD past $50k

    Bitcoin price prediction: Bulls buy the dip to push BTC/USD past $50k

    Bitcoin price

    Bitcoin price could rally up to $50,000

    Chainlink may surpass bitcoin

    Chainlink may surpass Bitcoin, reports

    Cardano decentralization

    Full Cardano decentralization expected in March

    Ethereum price prediction

    Ethereum Price Analysis: ETH set to move lower again after sharply rejecting $1,600 resistance

    LTC price prediction

    LTC Price Prediction: Litecoin price soon to hit the $300 mark

    Grayscale

    Grayscale purchases 80 percent of Litecoin mined in February

    bitcoin mining

    Bitcoin mining: 48,000 new machines ordered by Bitfarms to increase hashrate

    ethbox to Launch Secured Transaction Support for Binance Smart Chain and Polkadot Ecosystems 1

    ethbox to Launch Secured Transaction Support for Binance Smart Chain and Polkadot Ecosystems

    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
    Bitcoin price prediction Bulls buy the dip to push BTCUSD past $50k

    Bitcoin price prediction: Bulls buy the dip to push BTC/USD past $50k

    Bitcoin price

    Bitcoin price could rally up to $50,000

    Chainlink may surpass bitcoin

    Chainlink may surpass Bitcoin, reports

    Cardano decentralization

    Full Cardano decentralization expected in March

    Ethereum price prediction

    Ethereum Price Analysis: ETH set to move lower again after sharply rejecting $1,600 resistance

    LTC price prediction

    LTC Price Prediction: Litecoin price soon to hit the $300 mark

    Grayscale

    Grayscale purchases 80 percent of Litecoin mined in February

    bitcoin mining

    Bitcoin mining: 48,000 new machines ordered by Bitfarms to increase hashrate

    ethbox to Launch Secured Transaction Support for Binance Smart Chain and Polkadot Ecosystems 2

    ethbox to Launch Secured Transaction Support for Binance Smart Chain and Polkadot Ecosystems

    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 prediction: LTC towards $173, analyst

Saad B. Murtaza by Saad B. Murtaza
January 5, 2021
in Litecoin News
3 min read
Litecoin price prediction_ LTC towards $173, analyst
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

TL;DR Breakdown

  • Litecoin price prediction expects a rise to $173.
  • Strong support lies at $140 mark.
  • Strong resistance lies at $175 mark.

Litecoin’s all-time high at $225 seems to be a viable option for the coin at the moment. The cryptocurrency market has been booming for the past few days, and analysts expect major cryptocurrencies to break their previous all-time highs, following the king of cryptocurrencies – Bitcoin. Litecoin topped the day at $174 while the 24-hour low for the coin was $139.

Litecoin price prediction: LTC towards $173, analyst 3
Litecoin price chart by Trading View

Litecoin suffered from some rocky movements during the day but appeared to have been, somewhat, stabilized. The coin stands at $155.25 at the time of writing. Out of the twenty-eight technical indicators, eighteen suggest a buy, seven are neutral, and only 3 are sell. Out of these indicators, most of the oscillators are neutral while most of the moving averages indicate a buy signal. 

RelatedPosts

LTC Price Prediction: Litecoin price soon to hit the $300 mark

Litecoin price prediction: LTC to fall to $150 support level

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

Litecoin price prediction: LTC to $220, analyst

Litecoin price prediction: What to expected?

Analyst Quant Guy pointed out a very interesting formation in his Litecoin price prediction. The analyst has identified a dragon head pattern. The coin is currently in the final stages of the formation and would be breaking out soon. As per the analyst, Litecoin is a safer option for traders as it has not been moving up as drastically as Bitcoin and Ethereum.

Litecoin price prediction: LTC towards $173, analyst 4
Litecoin price prediction chart by Quant Guy

The price actions have been considerably modest, but it certainly does not indicate bearish pressures. The analyst expects the coin to continue hiking upwards gradually. However, some volatility may be expected nevertheless. The current price level of the coin is at the Fibonacci extension. The analyst expects the next target for the coin to be $173.  

Analyst WallStreet Jhonny Dipzz identified an inverse head and shoulder formation, in their Litecoin price prediction. The analyst expects the coin to break out towards the upside from the formation and move to higher levels. The cryptocurrency is bullish as of now, and it appears to stay that way for a while, at least until the cryptocurrency market is in a bull. 

Analyst M Fariello is very optimistic for Litecoin’s future in his Litecoin price prediction. The analyst expects Bitcoin to rise to at least $38,000, and when that happens, it will help Litecoin hike up. The analyst has confirmed the formation of an Adam and Eve formation. The formation, although a tad bit flattened, is an indication of future price hikes for Litecoin.

The analyst expects strong support at $139 level, and if the support holds, then bullishness can be confirmed for the coin. So far, it seems as though the support level is going strong. As per the analyst, Litecoin can cross the $245 level in the mid-term. However, if the coin cannot sustain the $139 support level, then it can be expected to drop to $100, which is an unlikely scenario according to the analyst but not impossible or improbable. 

Majority of the analysts seem to be in agreements about Litecoin’s future. The future appears to be bright, and Litecoin is expected to continue its upward trajectory towards its all-time high. In their Litecoin price prediction, analysts expected an upward trajectory to at least the $160 level; however, corrections may follow after the rise.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Tags: cryptocurrency trading
Saad B. Murtaza

Saad B. Murtaza

Journalist, Writer, Editor, Researcher, and Strategist with over 10 years of experience in the digital, print and public relations industries, Saad has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a self-sustaining institute that provides free education. Carrying a diverse portfolio he has studied and written on topics related to cyber crimes, scams, blockchain, and cryptocurrencies.

Related Posts

LTC price prediction
Litecoin News

LTC Price Prediction: Litecoin price soon to hit the $300 mark

March 2, 2021
Litecoin price
Litecoin News

Litecoin price prediction: LTC to fall to $150 support level

February 26, 2021
Litecoin price
Litecoin News

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

February 22, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

Is Ethereum stronger than Bitcoin 5

Is Ethereum stronger than Bitcoin

March 3, 2021
How can one increase their bitcoin capital 6

How can one increase their bitcoin capital

March 3, 2021
Bitcoin price prediction Bulls buy the dip to push BTCUSD past $50k

Bitcoin price prediction: Bulls buy the dip to push BTC/USD past $50k

March 3, 2021
NFT

NFTs are changing the world of art and it is just getting started

March 2, 2021
Bitcoin price

Bitcoin price could rally up to $50,000

March 2, 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 7

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.