The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
All Alt Coin

Litecoin Worth Evaluation: 4th June

by Miki 06/04/2021
by Miki 06/04/2021 0 comment

Disclaimer: The findings of the next evaluation are the only opinions of the author and shouldn’t be taken as funding recommendation

24 hours could make quite a lot of distinction for any asset attempting to register a bullish break. Litecoin appeared all set to return above $200 yesterday, aligned with an imminent re-test of the $209-resistance. Nonetheless, a large bearish breakout unfolded over the previous 12 hours, one leaving the crypto-asset in dismay.

On the time of writing, Litecoin was valued at $173 with a recorded market cap of $11.4 billion.

Litecoin 4-hour chart

Supply: LTC/USDT on Buying and selling View

It may be noticed that Litecoin pictured indicators of a bearish breakout from the start of 31 Might. An ascending channel sample was recognized, one which finally exhibited a large bearish breakout. The value initially didn’t document a candle shut above its earlier resistance of $197, one thing which will have exhausted bullish momentum on the charts.

At press time, one other bearish trait pictured was the crossover between the 20 period-Exponential Transferring Common and the 20 period-Easy Transferring Common. The SMA overcoming EMA is bearish by way of value discovery. LTC’s press time value motion appeared to be opening up a possibility for a brief place, one which may very well be accessible over the following 12-24 hours.

Market Rationale

Supply: LTC/USDT on TradingView

The Relative Power Index or RSI pointed to dominant promoting stress because the indicator dropped under the impartial line. Consumers are anticipated to push the indicator once more, however a go to to the oversold area may be anticipated.

The Superior Oscillator or AO had minimal bearish momentum at press time, however the outbreak may change into dominant over the following few hours.

The MACD pointed to a transparent bearish pattern because the Sign line crossed over the MACD line.

Necessary Ranges to be careful for

Maintaining a bearish outlook in thoughts, a brief entry may be opened on the restoration vary of $188-$185. With a stop-loss positioned at $198, take-profits may be accessible at $154. The Danger/Reward ratio was a wholesome 2.91x. The quick resistances had been discovered at $200 and $209, at press time.

Supply hyperlink

Views: 1
4thAnalysisJuneLitecoinprice
Share
0
FacebookTwitterPinterestEmail
previous post
Tether says its reserves are  backed by money to the tune of . . .  2.9%
next post
BTC bleeds after rejection $39,000

Related Posts

Are Solana’s bulls really strong enough to halt...

12/29/2021

IXFI Announces Launch of New-Age Exchange Platform

12/29/2021

Litecoin repeating history will have this effect on...

12/28/2021

More than just a game – what GameFi...

12/28/2021

Even as network hits one million users, FTT...

12/28/2021

Fintech Expert Makes Six Bold Predictions for Crypto...

12/28/2021

A recovery rally in play for Sushiswap, as...

12/28/2021

SEC Accused of Deliberately Trying to ‘Kill’ XRP...

12/28/2021

Recent gains may finally boost Aave’s dominance in...

12/28/2021

Santa Floki Price Rallies 5,000% after Elon Musk’s...

12/28/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • Ripple Chief Brad Garlinghouse Requests For Documents From Binance In Suit Over XRP ⋆ TCNW

  • Binance and Alchemy Pay Partners to Bring Crypto Payments to Users

  • Crypto Price Today: Bitcoin Tops $63,935.12, Nears to Break April’s ATH, Altcoins Rally in Low-Level Buying

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$30,265.000.10%
  • ethereumEthereum(ETH)$2,062.150.35%
  • tetherTether(USDT)$1.000.06%
  • usd-coinUSD Coin(USDC)$1.00-0.31%
  • binancecoinBNB(BNB)$303.190.67%
  • rippleXRP(XRP)$0.4341700.48%
  • cardanoCardano(ADA)$0.57-0.34%
  • SolanaSolana(SOL)$55.670.79%
  • Binance USDBinance USD(BUSD)$1.00-0.28%
  • polkadotPolkadot(DOT)$10.840.55%
  • dogecoinDogecoin(DOGE)$0.0900091.20%
  • AvalancheAvalanche(AVAX)$33.48-0.08%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$30,208.000.15%
  • Lido Staked EtherLido Staked Ether(STETH)$2,023.900.46%
  • tronTRON(TRX)$0.0731474.28%
  • Shiba InuShiba Inu(SHIB)$0.0000121.86%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • daiDai(DAI)$1.00-0.08%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • litecoinLitecoin(LTC)$71.894.70%
  • CronosCronos(CRO)$0.1986191.25%
  • matic-networkPolygon(MATIC)$0.712.88%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.950.72%
  • NEAR ProtocolNEAR Protocol(NEAR)$6.34-5.68%
  • FTX TokenFTX Token(FTT)$31.81-1.48%
  • HederaHedera(HBAR)$0.389473-3.44%
  • bitcoin-cashBitcoin Cash(BCH)$204.971.78%
  • RareRare(RARE)$0.0461220.00%
  • chainlinkChainlink(LINK)$7.570.24%