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  • FDIC

    FDIC levels fraud accusations against Cross River bank
    April 30, 2023 News
  • Brazil

    Brazil’s president drums support for new trade currency creation
    April 30, 2023 News
  • Uniswap

    Uniswap price analysis: UNI value upgrades to $5.62 after a bullish market
    April 30, 2023 News
  • Avalanche price analysis: AVAX remains consistent at $17.4

    Avalanche price analysis: AVAX remains consistent at $17.4
    April 30, 2023 News
  • Arbitrum price analysis: ARB corrects down to $1.36, as bears regulate the market

    Arbitrum price analysis: ARB corrects down to $1.36, as bears regulate the market
    April 30, 2023 News
  • The European Union Approves AI Regulation for Copyrighted Material Usage

    The European Union Approves AI Regulation for Copyrighted Material Usage
    April 30, 2023 News
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  • Dogecoin price analysis: As selling pressure builds, bears lower the price to $0.0814.

    Dogecoin price analysis: As selling pressure builds, bears lower the price to $0.0814.
    April 30, 2023 Dogecoin
  • Google

    Google Cloud to offer specialized support and $200K in credits for Web3 startups
    April 30, 2023 News
  • FDIC

    Signature Bank’s collapse attributed to poor management practices, says FDIC
    April 30, 2023 News
  • Arbitrum Surpasses Ethereum Network in Total Transactions Processed

    Arbitrum Surpasses Ethereum Network in Total Transactions Processed
    April 30, 2023 News
  • ChinaBank and QNB Join Forces with RippleNet for Improved Remittance Services

    ChinaBank and QNB Join Forces with RippleNet for Improved Remittance Services
    April 30, 2023 News
  • Researchers

    Researchers unveil new framework in recent tax study
    April 29, 2023 News
  • ripple

    Ripple’s latest Q1 report reveals mind-blowing figures
    April 29, 2023 News
  • Liquity price analysis

    Liquity price analysis: LQTY consolidates above $1.83, with bulls and bears jostling for control
    April 29, 2023 News
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  • Russia central bank maintains no interest rate hike

    Russia central bank maintains no interest rate hike
    April 29, 2023 News

  • Avalanche price analysis: AVAX price retreats to $17.54 as bears take control
    April 29, 2023 News
  • Binance halts Bitcoin withdrawals - What's going on?

    Binance’s venture capital thrives despite regulatory hurdles
    April 29, 2023 News
  • Litecoin price analysis: After the intended bullish push, LTC retests the $91 resistance level The Litecoin price analysis is bullish. Resistance for LTC is present at $91. Support is present at the $88 level. Since the bulls are currently in control, the Litecoin price analysis is bullish today. Cryptocurrency has been able to fully recover from the severe losses it suffered on April 26, 2023. The price level has returned to $90.45 as bulls today demonstrated strong vigor. The price is getting close to the $91 resistance as the positive trend continues. Bulls, however, need power to push the price higher because selling pressure is also there at this level. LTC/USD 1-day price chart: Price rises in an effort to recoup The one-day price chart for Litecoin price analysis shows that things are moving smoothly in the direction of a recovery of the coin's value. Since the trend line has been moving up for the past week and the coin has gained nearly 4 percent in value during this time, the coin's value has significantly increased over the last few days. As the crypto pair is trading at $90.45 at the time of writing, additionally, it also reports a 1.19 percent rise in value over the previous 24 hours of price movement. The trading volume, on the other hand, has decreased by more than 29 percent over the past day, and the moving average (MA) is trading around $88 below the current price level. The SMA 20 is going lower than the SMA 50 curve as steep corrections have been observed in the past two weeks. The 1-day chart's volatility is likewise strong, suggesting that the bullish momentum may continue to build. The Bollinger bands show the upper band at $101, representing the resistance for the LTC price, while the lower band is present at $83, representing the strongest support for LTC/USD. With the continuous increase in price, the Relative Strength Index (RSI) also went up to index 49, which is quite impressive considering the heavy sell offs of the past few days. Litecoin price analysis: Recent developments and further technical analysis As the market displayed positive sentiment today, the 4-hour price chart for Litecoin price analysis is showing encouraging signs for the bulls. Bulls are pushing the bar higher after every drop according to the hourly trend, and the price is anticipated to cross the $91 resistance level, which is currently being tested. Currently, the price is under correction, but it is expected that bulls will make a comeback in the ensuing hours. The Bollinger bands are showing slow convergence on the four-hour chart, with the upper value lowering to $91.72 and the lower one resting at $87.12. The upper band is showing more convergence, which hints at selling pressure being higher above the $90 level. The RSI curve traveled down during the last correction, and now the score has slightly decreased to index 55, indicating selling pressure in the market. Litecoin price analysis conclusion The price levels throughout the past week have fluctuated at different times, but bulls have been able to hold onto their lead, according to the Litecoin price analysis presented above. The corrections that were seen during that period, nevertheless, were also necessary for the LTC to continue moving upward. Despite the bearish momentum, the LTC managed to overcome the $90 local resistance by gaining strength. There is a strong possibility that cryptocurrency may break above $91 in the following trading session if the current bullish trend continues, as we anticipate it will. 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.

    Litecoin price analysis: After the intended bullish push, LTC retests the $91 resistance level
    April 29, 2023 Litecoin
  • Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling

    Argentina turns to Yuan for imports as dollar reserves decline
    April 29, 2023 News
  • Russian Banks Accept Yuan Deposits Amid Low Demand for

    Russian banks are replacing the US dollar with Chinese Yuan
    April 29, 2023 News
  • Tencent Cloud set to disrupt industry with deepfake creation tool

    Tencent Cloud set to disrupt industry with deepfake creation tool
    April 29, 2023 News
  • What's behind ADA's current bullish momentum?

    Djed alliance takes stablecoin industry to new heights with latest deployment on Cardano sidechain
    April 29, 2023 News