TL; DR breakdown

  • Litecoin price analysis today is bearish.
  • LTC / USD saw another decline overnight.
  • Litecoin appears to be breaking the USD 145 support.

Litecoin price analysis is bearish today as further downward move brought LTC back to the $ 145 support. Hence, we expect LTC / USD to finally break the downside and move to the next support at USD 135.

Cryptocurrency heat map. Source: Coin360

The crypto market has seen declining momentum in the past 24 hours. Bitcoin is down 4.62 percent while Ethereum is down 6.44. The rest of the top altcoins follow Ethereum with a loss of around 5-7 percent.

Litecoin price movement over the past 24 hours: Litecoin tests $ 145 again

LTC / USD traded in a range of $ 144.30 to $ 153.65, suggesting significant volatility over the past 24 hours. Trading volume is down 15.67 percent to $ 2.7 billion, while total market capitalization is around $ 9.68 billion, placing the coin in 17th place overall.

LTC / USD 4-hour chart: LTC finally set to break down?

On the 4-hour chart, we can see Litecoin price action approach previous lows as the bears prepare to finally break the $ 145 support.

Litecoin Price Analysis: LTC Moves To Another Test Of $ 145 Support, Further Downward Movement To Follow? LTC / USD 4 hour chart. Source: TradingView

Litecoin price action has seen strong bearish momentum in the past few weeks. After an initial decline on September 7th, LTC rose to $ 160 and found support above $ 170.

Above the support, several days of consolidation followed, with the $ 190 mark as resistance. On September 16, a brief move higher led to a lower high at $ 195 with another reversal on the downside.

Another drop of around 25 percent followed, with the $ 145 mark serving as support this time. In the past few days, Litecoin price action has been consolidating above support, with an increasingly narrow range forming. Overall, this could lead to another push down in the next 24 hours.

Litecoin price analysis: conclusion

Litecoin price analysis is bearish for today as the bears prevented further upward movement overnight. Hence, we expect the $ 145 to be tested today, which could result in a break below the next $ 135 support.

Read our guides on NFT Games, CoinJar, and Bitcoin Memes while you wait for Litecoin to move forward.

Disclaimer of liability. The information provided does not constitute trading advice. Cryptopolitan.com assumes no liability for investments made on the basis of the information provided on this page. We strongly recommend independent research and / or the advice of a qualified professional before making any investment decisions.

54 COMMENTS

  1. It’s a shame you don’t have a donate button! I’d certainly donate to this excellent blog!
    I suppose for now i’ll settle for bookmarking and adding your RSS feed
    to my Google account. I look forward to new updates and will
    share this website with my Facebook group. Chat soon!

  2. Piece of writing writing is also a fun, if you be familiar with then you can write otherwise it is complicated to write.

  3. Hello friends, how is all, and what you wish for to say
    concerning this piece of writing, in my view its genuinely awesome
    in favor of me.

  4. Terrific article! This is the kind of information that are meant to be shared around the net.
    Shame on Google for now not positioning this put up
    higher! Come on over and consult with my site .
    Thanks =)

  5. If you desire to increase your experience simply keep visiting this
    web page and be updated with the hottest gossip posted here.

  6. Pretty nice post. I just stumbled upon your weblog
    and wished to say that I’ve truly enjoyed surfing around your blog posts.
    In any case I will be subscribing to your feed and I hope you write again very soon!

  7. Link exchange is nothing else however it is only placing the
    other person’s weblog link on your page at suitable place and other person will
    also do same in support of you.

  8. Wonderful site you have here but I was curious about if you knew of any forums that cover the same
    topics talked about here? I’d really like to be a part of community where I can get opinions from other knowledgeable individuals that share the same interest.
    If you have any suggestions, please let me know.
    Kudos!

  9. Right now it seems like Movable Type is the best blogging platform
    out there right now. (from what I’ve read) Is that what you are using on your blog?

  10. 10 ความลับเรื่อง เซ็กส์ ที่ผู้ชายจำเป็นต้องรู้ !

    This is a topic that’s close to my heart… Thank you!
    Where are your contact details though?

  11. I think this is among the most important info for me.
    And i’m glad reading your article. But wanna remark on few general things, The website style is ideal, the articles is really great : D.
    Good job, cheers

  12. Hi to all, the contents existing at this website are actually remarkable for
    people experience, well, keep up the nice work fellows.

  13. I needed to thank you for this wonderful read!! I definitely
    enjoyed every bit of it. I have you bookmarked to check out new stuff you post…

  14. I believe that is one of the most vital information for
    me. And i’m happy reading your article. However wanna statement on few general things, The website taste
    is great, the articles is really nice : D. Just right task, cheers

  15. A motivating discussion is worth comment. There’s no
    doubt that that you should write more about this topic, it may not be a taboo matter but typically people
    don’t discuss these issues. To the next! Kind regards!!

  16. Definitely believe that which you said. Your favorite reason appeared to
    be on the web the simplest thing to be aware
    of. I say to you, I certainly get annoyed while people
    think about worries that they plainly do not know about.
    You managed to hit the nail upon the top and defined out
    the whole thing without having side-effects , people can take a signal.
    Will probably be back to get more. Thanks

  17. Hello there, You have done an incredible job. I will definitely digg it and personally recommend to
    my friends. I’m confident they’ll be benefited from this web site.

  18. Terrific work! This is the kind of information that are
    supposed to be shared around the web. Disgrace on Google for not positioning this put up upper!

    Come on over and discuss with my website . Thanks =)

  19. Yesterday, while I was at work, my sister stole my apple
    ipad and tested to see if it can survive a 40 foot drop, just so she can be a youtube
    sensation. My iPad is now destroyed and she has 83
    views. I know this is completely off topic but I had to share
    it with someone!

  20. Howdy just wanted to give you a brief heads up and let you know a few of the pictures aren’t loading correctly.
    I’m not sure why but I think its a linking issue. I’ve tried it in two different
    internet browsers and both show the same outcome.

  21. I know this if off topic but I’m looking into starting my own weblog and was curious what all is needed to
    get setup? I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very web smart so I’m not 100% positive.
    Any suggestions or advice would be greatly appreciated.
    Cheers

  22. Heya i’m for the first time here. I came across this board
    and I in finding It really helpful & it helped me out a lot.
    I’m hoping to give one thing back and help others like you helped me.

  23. Heya i’m for the first time here. I found this board and I find It really useful
    & it helped me out a lot. I hope to give something back and aid others like you aided me.

  24. What’s up everyone, it’s my first pay a quick visit at this site,
    and post is genuinely fruitful for me, keep up posting such content.

  25. Appreciating the time and effort you put into your website and detailed information you offer.
    It’s good to come across a blog every once in a while that isn’t
    the same out of date rehashed material. Great read! I’ve saved your site and I’m adding your RSS feeds to my Google account.

  26. Howdy, i read your blog occasionally and i own a similar one
    and i was just curious if you get a lot of spam comments?
    If so how do you protect against it, any plugin or anything you can suggest?
    I get so much lately it’s driving me crazy so any help is
    very much appreciated.

  27. This is really interesting, You’re a very skilled blogger.

    I have joined your rss feed and look forward to seeking more
    of your fantastic post. Also, I’ve shared your website in my social networks!

  28. you’re reall a good webmaster. The website loadibg speed is
    incredible. It seems that you’re doing any unique trick.

    Furthermore, The contents arre masterwork. you have done a excellent job oon this topic!

  29. If some one wishes to be updated with latest technologies afterward
    he must be pay a quick visit this website and be up to date everyday.

  30. Having read this I thought it was extremely informative.

    I appreciate you spending some time and effort to
    put this article together. I once again find myself spending way too much time both
    reading and posting comments. But so what, it was still worthwhile!

  31. Thank you for the auspicious writeup. It in fact was
    a entertainment account it. Glance complicated to
    more introduced agreeable from you! However, how could
    we keep in touch?

  32. I’ve been surfing on-line greater than 3 hours these days, but I by no means discovered any interesting article like yours.

    It is pretty price enough for me. Personally, if all site owners and bloggers made just right content as you did, the web will probably be
    a lot more useful than ever before.

  33. First of all I want to say fantastic blog!

    I had a quick question in which I’d like to ask if
    you don’t mind. I was curious to find out how you center yourself
    and clear your thoughts before writing. I have had difficulty clearing my thoughts in getting my ideas out there.
    I truly do take pleasure in writing however it just seems like the first 10
    to 15 minutes are generally lost simply just trying to figure out how to begin. Any recommendations or hints?
    Kudos!

  34. Hey I know this is off topic but I was wondering if you knew of
    any widgets I could add to my blog that automatically tweet my newest
    twitter updates. I’ve been looking for a plug-in like this for
    quite some time and was hoping maybe you would have some experience with something like this.
    Please let me know if you run into anything.
    I truly enjoy reading your blog and I look forward to your new updates.

  35. Amazing! This blog looks just like my old one! It’s on a totally different topic but
    it has pretty much the same page layout and design. Great choice of colors!

  36. Hello, i believe that i saw you visited my website thus i came to go back the want?.I’m attempting to find issues to improve my
    site!I suppose its ok to make use of a few of your ideas!!

  37. Howdy! This article couldn’t be written much better!

    Looking at this article reminds me of my previous roommate!
    He always kept talking about this. I am going to send this article to
    him. Pretty sure he’s going to have a great read. Thank you for sharing!

LEAVE A REPLY

Please enter your comment!
Please enter your name here