• 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 – Huge uptrend awaits BTCUSD past $34k resistance

    Bitcoin price prediction – Huge uptrend awaits BTC/USD past $34k resistance

    Tether

    Tether USDT: What happens if the stablecoin collapses?

    Cryptos

    Cryptos banned: Russian government officials will no longer own digital currencies

    Litecoin price

    Litecoin price prediction: LTC to fall to $120.00 support level

    Bitcoin

    Bitcoin supply crisis could spark a hike in BTC price

    Ethereum price

    Ethereum Price Prediction: ETH trims gains after setting new ATH at $1,480

    Coinbase

    $27 Million XRP wired to Coinbase from “Anonymous user”

    Bitstamp Crypto custody services

    Dutch Bitstamp new requirement of proof of income for withdrawal irks users

    Gemini expands in Singapore with localized crypto offerings

    Gemini expands in Singapore with localized crypto offerings

    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
    Bitcoin price prediction – Huge uptrend awaits BTCUSD past $34k resistance

    Bitcoin price prediction – Huge uptrend awaits BTC/USD past $34k resistance

    Tether

    Tether USDT: What happens if the stablecoin collapses?

    Cryptos

    Cryptos banned: Russian government officials will no longer own digital currencies

    Litecoin price

    Litecoin price prediction: LTC to fall to $120.00 support level

    Bitcoin

    Bitcoin supply crisis could spark a hike in BTC price

    Ethereum price

    Ethereum Price Prediction: ETH trims gains after setting new ATH at $1,480

    Coinbase

    $27 Million XRP wired to Coinbase from “Anonymous user”

    Bitstamp Crypto custody services

    Dutch Bitstamp new requirement of proof of income for withdrawal irks users

    Gemini expands in Singapore with localized crypto offerings

    Gemini expands in Singapore with localized crypto offerings

    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 prediction: LTC to $180, analyst

Saad B. Murtaza by Saad B. Murtaza
January 7, 2021
in Litecoin News
3 min read
Litecoin price prediction_ LTC to $180, analyst
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

TL;DR Breakdown

  • Litecoin price prediction expects a rise to the $180 mark.
  • Strong resistance lies at the $172 mark.
  • Strong support lies at the $158 mark.

Litecoin has been regarded as the safer cryptocurrency at the moment because of its lower levels of volatility. The coin has not been on a sharp upward spike like other major cryptocurrencies. Although the coin does seem to be aspiring for its all-time high of $230. The daily low for the coin was $160 while the 24-hour high was $172. At the time of writing, the coin stands at $169.77. The fluctuations in the 24-hour price actions were not major. 

Litecoin price prediction: LTC to $180, analyst 1
Litecoin price chart by Trading View

The market sentiment for Litecoin appears to be bullish. Out of the total twenty-eight technical indicators, eighteen are giving out a signal of buy, 6 are neutral whereas only 4 are sell. The oscillators are mostly neutral with the sell and buy at 3 indications each. Fifteen of the seventeen moving averages stand at buy with 1 neutral and sell indication each. 

RelatedPosts

Litecoin price prediction: LTC to fall to $120.00 support level

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 price predictions: What to expect?

Analyst Ja Ja has identified a cup and handle formation in their Litecoin price prediction. The coin appears to have successfully completed the cup formation and is currently underway to complete the handle. The cup and handle formation is a bullish figure and indicates the future bullish momentum in Bitcoin price movement. The analyst is expecting Litecoin to break out of the cup and handle formation towards the upside. The potential target is around $180 as of now, as per the analyst.

Litecoin price prediction: LTC to $180, analyst 2
Litecoin price prediction chart by Ja Ja

The analyst has also identified strong support levels near the current price action of the coin. The first level of support is at the $158 level, followed by the $147 level. The analyst is suggesting a long position of Litecoin in light of the bullish pressure on Bitcoin, and in the cryptocurrency market in general. However, the MACD of Litecoin does not appear to be bullish and can be seen moving downwards. 

Analyst Nagihatoum has identified a rising wedge formation in their Litecoin price prediction. The steeper lower boundary of the rising wedge formation indicates even higher lows and, in general, bullish momentum of the coin. Litecoin can also be observed to have been testing the upper boundary of the formation. 

Per the analyst, Litecoin can either breakout towards the upside or the downside from the rising wedge formation. Even though the formation portrays bullish trends, both scenarios are equally likely right now. If the coin breaks out towards the upside, then the likely target for Litecoin can be $252, as per the analyst. The level of $252 is also the target of the Adam and Eve double bottom.  However, if the coin goes down, then it is likely to continue dropping in value for a while. The coin can go as down as $65, where chances of the coin establishing itself on the support line are high. 

Analyst Quant Guy is aiming for the near potential target of $173 in his Litecoin price prediction. The analyst is expecting strong resistance coming soon. As per the analyst, the coin can drop to $153 and even the $140 level. But a drop to these levels will not signify the onset of bearish divergence in the coin. Litecoin can still be expected to have bullish momentum.

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

Litecoin price
Litecoin News

Litecoin price prediction: LTC to fall to $120.00 support level

January 26, 2021
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

Follow Us

  • 40.6k Fans
  • 8.3k Followers

Latest News

Bitcoin price prediction – Huge uptrend awaits BTCUSD past $34k resistance

Bitcoin price prediction – Huge uptrend awaits BTC/USD past $34k resistance

January 27, 2021
Tether

Tether USDT: What happens if the stablecoin collapses?

January 26, 2021
Cryptos

Cryptos banned: Russian government officials will no longer own digital currencies

January 26, 2021
Litecoin price

Litecoin price prediction: LTC to fall to $120.00 support level

January 26, 2021
Bitcoin

Bitcoin supply crisis could spark a hike in BTC price

January 26, 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
  • 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.