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Showing posts with the label resistance

Dogecoin Just Hit Its Final Support—Bulls Have One Last Shot

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Bitcoin Must Close Above $107,000 To Confirm Breakout Or Risk Dropping To $98K

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Bitcoin Next Leg Up Loading? Analyst Says BTC Could Trade Sideways For Two Weeks

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Bitcoin Faces Key Resistance After 10% Weekly Rally – Confirmation Or Rejection Next?

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Ethereum Attempts First Major Horizontal Reclaim In Months – Can Bulls Hold the Line?

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Litecoin Price Prediction: LTC Price Drops 3% As This Meme Coin Presale Offering Free Bitcoin Soars Past $2.4M

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The Litecoin price dropped 3% in the last 24 hours to trade at $129.32 as of 02:31 a.m. EST on trading volume that dropped 4% to $1.5 billion.   Litecoin Price Analysis: Breakout Incoming? The LTC price has been trading in an overall uptrend, with higher highs and higher lows forming since late 2024. The chart displays a consolidation phase pattern, a bullish continuation pattern that often signals a breakout to higher levels. Currently, the Litecoin price is testing the resistance around $136, which has been a major hurdle in previous attempts to break out, according to GeckoTerminal data. A consolidation phase occurred in the $93-$136 range, supported by a strong demand zone (marked in purple on the chart) around $101.  The price of Litecoin is now pushing higher, and a confirmed breakout above resistance could trigger a sharp upward move. The 50-day Simple Moving Average (SMA) at $115.33 is above the 200-day SMA at $88.23, confirming a bullish trend. Meanwhile,...