Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.591
Sell
RSI(14)
41.217
Neutral
STOCH(KDJ)(9,3,3)
38.005
Sell
ATR(14)
3.834
High Vlolatility
CCI(14)
-96.204
Neutral
Williams %R
70.428
Sell
TRIX(12,20)
-0.325
Sell
StochRSI(14)
0.000
Oversold
Litecoin
LTCUSDView Detailed Chart
84.52USD
-0.58-0.68%
Time
1m
15m
30m
1h
4h
D
W
D
Today
-0.68%
5 Days
+1.86%
1 Month
-17.78%
6 Months
-28.75%
Year to Date
-18.98%
1 Year
+9.60%
View Detailed Chart
Key Data Points
Opening Price
85.29Previous Closing Price
85.1Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Sell
Moving Average
Indicators
Value
Direction
MA5
87.748
Sell
MA10
87.039
Sell
MA20
88.748
Sell
MA50
91.408
Sell
MA100
87.955
Sell
MA200
101.131
Sell
Litecoin Trading Strategy
Intraday
Short Term
Trading Strategy
Our preference: as long as 84.6 is support look for 89.5.
Alternative scenario
the downside breakout of 84.6 would call for 82.7 and 81.6.
Comment
as long as 84.6 is support look for 89.5.
11 hours ago
Source: Trading Central(Reference Only)
Litecoin News
Litecoin Price Forecast: LTC struggles below resistance, bearish bets hit monthly high
Litecoin (LTC) is showing signs of weakness on Thursday as it fails to break above its key resistance level. The price action emerges as a classic dead-cat bounce pattern, which favors bears.
FxstreetThu, Jun 12
Litecoin Price Forecast: LTC likely to crash double-digit as dead-cat bounce scenario unfolds
Litecoin (LTC) is recovering and nearing its key resistance level, with price action emerging as a classic dead-cat bounce pattern.
FxstreetTue, Jun 3
Monero rally in spotlight amid broader resurgence of interest in privacy-focused cryptocurrencies
Monero's (XMR) price surges to trade at around $362 on Wednesday, as consolidation takes centre stage in the broader cryptocurrency market. Interest in privacy-oriented coins like XMR has been gaining traction amid growing concerns about surveillance and scrutiny by regulatory authorities.
FxstreetWed, May 21
What is a Spot ETF for Altcoins? Which Tokens Might the SEC Approve for Spot ETFs?
a spot ETF for altcoins tracks the prices of altcoins and can be traded on stock exchanges. Once approved, these ETFs will be listed on platforms like Nasdaq and the New York Stock Exchange, not just on cryptocurrency exchanges like Coinbase and Binance.
TradingKeyFri, May 9
Litecoin price runs into 6.83 million LTC resistance cluster as open interest expands
Litecoin (LTC) price gains bullish momentum, extending the previous day’s positive move to trade at $92 at the time of writing on Wednesday, as markets gauge the potential impact of the Federal Reserve’s (Fed) interest rates decision during the American session.
FxstreetWed, May 7
Litecoin Price Prediction: What to expect as SEC opens public comments for Canary’s LTC ETF
Litecoin price hovers near $85 as the SEC delays ETF approval and opens a public comment period on Canary's LTC proposal.
FxstreetMon, May 5
More Details of Litecoin
Litecoin (LTC) is a decentralized, open-source cryptocurrency that was created as a "lite version" of Bitcoin. It was developed by Charlie Lee, a former Google engineer, with the goal of providing faster and more affordable transactions compared to Bitcoin.
Litecoin was launched in 2011 and is based on the Bitcoin protocol, but with several key differences. Litecoin uses a different hashing algorithm, called Scrypt, which makes it more accessible to regular computers and graphics processing units (GPUs), rather than specialized mining hardware (ASICs) used for Bitcoin mining. This helps to promote a more decentralized network and broader participation.
One of the main advantages of Litecoin is its faster block generation time. While Bitcoin blocks are generated approximately every 10 minutes, Litecoin blocks are generated every 2.5 minutes, resulting in faster transaction confirmations. This makes Litecoin well-suited for smaller, everyday transactions, such as point-of-sale payments.
In addition, Litecoin has a larger total supply than Bitcoin, with a maximum of 84 million LTC compared to 21 million BTC. This higher supply allows for smaller fractional transactions, making Litecoin more suitable for micro-payments and everyday use.
Can I mine Litcoin(LTC)?
Yes, Litecoin can be mined using consumer-grade hardware like CPUs and GPUs, unlike Bitcoin which requires specialized ASIC miners. The Scrypt algorithm used by Litecoin is designed to be more memory-hard, making it resistant to ASIC development and more accessible to individual miners.
How do Litecoin transactions work?
Transactions are recorded on the Litecoin blockchain, a distributed public ledger.
Transactions are verified through a process called mining, where miners use computing power to solve complex mathematical problems.
Once a transaction is verified, it is added to the blockchain and becomes part of the permanent record.
Litecoin transactions are generally faster and cheaper than Bitcoin transactions, with a block generation time of 2.5 minutes compared to Bitcoin's 10 minutes.
Litecoin also uses a different hashing algorithm called Scrypt, which is designed to be more memory-hard and resistant to ASIC-based mining compared to Bitcoin's SHA-256 algorithm.
What is the maximum supply of Litcoin(LTC)?
The maximum supply of Litecoin is 84 million coins, four times the 21 million Bitcoin supply. This was a design choice by Litecoin's creator, Charlie Lee, to have a higher total number of coins than Bitcoin.
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