LITCOIN
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#LITCOIN 3rd Halving Completed Today
The third halving of Litecoin is just completed on few hours back. The block reward will automatically adjust from 12.5 to 6.25 LTC, making Litecoin a deflationary currency with a predictable monetary supply.
The Litecoin Network, which was founded in 2011 as a fork of #Bitcoin , is due to perform its third mining reward halving later today, slowing the rate of supply expansion for its native cryptocurrency, $LTC
According to the website Litecoinblockhalf dot com, the third halving of Litecoin will most likely occurred on Wednesday around 3:15:37 p.m. UTC.
At Having Time, $LTC traded at $91.11, while after Halving completed, its price break down from $91.11 to $85.11 in 6 hrs.( - 7.5% of price dropped)
#DYOR it's NFA, Trade with StopLoss in Crypto.
#GOATMoments #BinanceTournament
The third halving of Litecoin is just completed on few hours back. The block reward will automatically adjust from 12.5 to 6.25 LTC, making Litecoin a deflationary currency with a predictable monetary supply.
The Litecoin Network, which was founded in 2011 as a fork of #Bitcoin , is due to perform its third mining reward halving later today, slowing the rate of supply expansion for its native cryptocurrency, $LTC
According to the website Litecoinblockhalf dot com, the third halving of Litecoin will most likely occurred on Wednesday around 3:15:37 p.m. UTC.
At Having Time, $LTC traded at $91.11, while after Halving completed, its price break down from $91.11 to $85.11 in 6 hrs.( - 7.5% of price dropped)
#DYOR it's NFA, Trade with StopLoss in Crypto.
#GOATMoments #BinanceTournament
#LITCOIN 1-DAY Chart Analysis
LTC was Previously Running into Broadening Wedge Pattern and Now Break-out towards BullishFlag Pattern. As well into FIB Retracement point's too, it's last lower Cutt-off is around $60.
Now soon in July, LTC will be going towards $65-55 to retest its second last Lower-Low, after that it will be boost up into Bullish Mode and major chances to Break out previous #AllTimeHigh in this coming BullRun.
Always #DYOR and Trade Wisely into this Trap mode of market with using #StopLoss too.
#BinanceTournament
LTC was Previously Running into Broadening Wedge Pattern and Now Break-out towards BullishFlag Pattern. As well into FIB Retracement point's too, it's last lower Cutt-off is around $60.
Now soon in July, LTC will be going towards $65-55 to retest its second last Lower-Low, after that it will be boost up into Bullish Mode and major chances to Break out previous #AllTimeHigh in this coming BullRun.
Always #DYOR and Trade Wisely into this Trap mode of market with using #StopLoss too.
#BinanceTournament
#LITCOIN #BAKE #ACE #SOL
Litecoin (LTC) is facing challenges as its price hovers below $72.50 and the 55 simple moving average over a 4-hour period.
A bearish trend line, with resistance around $71.00, has formed on the LTC/USD pair's 4-hour chart, sourced from Coinbase.
The price might continue its descent unless it finds support around the $68.00 zone. Despite recent gains in Bitcoin, Ethereum, and Ripple against the US Dollar, Litecoin's value has struggled, dropping below the $75.00 support area and breaking the $63.50 and $62.00 levels. Currently trading under $62.00 and the 55 simple moving average, LTC faces immediate resistance near $70.70, followed by $73.80 and $75.00.
A breach of $75.00 could propel the price toward $76.80 and potentially $80.00. On the downside, support lies at $68.00, with the next critical level at $65.00. A break below $65.00 may lead to further declines, targeting the $61.20 level in the short term.
Key Observations
Technical Metrics
• 4-hour MACD - The MACD, indicating momentum, is currently trending downwards in the bearish zone for LTC/USD.
• 4-hour RSI (Relative Strength Index) - The RSI for LTC/USD has dipped below the 50 level, suggesting a bearish sentiment.
• Significant Support Levels - Notable support levels include $68.00 and $65.00.
• Crucial Resistance Levels - Key resistance levels to watch are $72.00 and $73.80.
#LTC/USDT #DYOR (Do Your Own Research)
Litecoin (LTC) is facing challenges as its price hovers below $72.50 and the 55 simple moving average over a 4-hour period.
A bearish trend line, with resistance around $71.00, has formed on the LTC/USD pair's 4-hour chart, sourced from Coinbase.
The price might continue its descent unless it finds support around the $68.00 zone. Despite recent gains in Bitcoin, Ethereum, and Ripple against the US Dollar, Litecoin's value has struggled, dropping below the $75.00 support area and breaking the $63.50 and $62.00 levels. Currently trading under $62.00 and the 55 simple moving average, LTC faces immediate resistance near $70.70, followed by $73.80 and $75.00.
A breach of $75.00 could propel the price toward $76.80 and potentially $80.00. On the downside, support lies at $68.00, with the next critical level at $65.00. A break below $65.00 may lead to further declines, targeting the $61.20 level in the short term.
Key Observations
Technical Metrics
• 4-hour MACD - The MACD, indicating momentum, is currently trending downwards in the bearish zone for LTC/USD.
• 4-hour RSI (Relative Strength Index) - The RSI for LTC/USD has dipped below the 50 level, suggesting a bearish sentiment.
• Significant Support Levels - Notable support levels include $68.00 and $65.00.
• Crucial Resistance Levels - Key resistance levels to watch are $72.00 and $73.80.
#LTC/USDT #DYOR (Do Your Own Research)
💹 #LITCOIN UPDATE
LTC's halving and this might be the sell-the-news event. According to the chart, it is forming a symmetrical triangle in the weekly time frame and rejecting the resistance zone of $100-$120. I'm expecting it to drop more from here.
IMO, the best buying area for LTC is around the $60-$70 level. We have support here and also here the lower line of the symmetrical triangle lies.
#LTC #crypto2023 $LTC
LTC's halving and this might be the sell-the-news event. According to the chart, it is forming a symmetrical triangle in the weekly time frame and rejecting the resistance zone of $100-$120. I'm expecting it to drop more from here.
IMO, the best buying area for LTC is around the $60-$70 level. We have support here and also here the lower line of the symmetrical triangle lies.
#LTC #crypto2023 $LTC
#LTCUSDT #LITCOIN $LTC
A very dull flat on the asset. Nevertheless, the indicator manages to secure take-profits, albeit short ones, but still in the positive! Overall, the asset has support at 58-62, and it is likely to be tested further. As long as Bitcoin remains in correction, the asset is confined to a trading range of 58-67, offering scalping opportunities. My product can assist you in this! Pay once and use it for a lifetime; currently, there's an offer with lifelong access, but it will soon end, and there will only be a monthly rental option, and it will be expensive. By purchasing now, you get constant updates. The indicator has been working since 2019 and underwent numerous changes before achieving this result! Look for CONTACTS IN THE FEED! (They are prominently displayed).
A very dull flat on the asset. Nevertheless, the indicator manages to secure take-profits, albeit short ones, but still in the positive! Overall, the asset has support at 58-62, and it is likely to be tested further. As long as Bitcoin remains in correction, the asset is confined to a trading range of 58-67, offering scalping opportunities. My product can assist you in this! Pay once and use it for a lifetime; currently, there's an offer with lifelong access, but it will soon end, and there will only be a monthly rental option, and it will be expensive. By purchasing now, you get constant updates. The indicator has been working since 2019 and underwent numerous changes before achieving this result! Look for CONTACTS IN THE FEED! (They are prominently displayed).
#LTCUSDT #LITCOIN $LTC Against the backdrop of all altcoins, LTC is holding up relatively well. There are purchases, and it seems that after the end of the Bitcoin correction, LTC will be among the growth leaders and will head towards $95-100 per coin. But time will tell; I expect this asset to bring profit in the near future. Like and subscribe!
LIVELary Gramm
--
#LTCUSDT #LTC $LTC And I can't help but show the performance of my LTC indicator, 10 out of 10, despite its uncertainty in movement, the indicator reads the future direction quite well. Want to purchase? Write to me in the bio. I'll tell you how it works and how to use my product. The indicator doesn't require special knowledge. Even a beginner can handle it; it also doesn't require additional settings. Plug it in and start trading right away. The average monthly return on one asset with risk management is 15-20%. Hurry up and write to me first! The first 5 to write will get special prices!
