{"id":149478,"date":"2022-01-13T08:08:41","date_gmt":"2022-01-13T08:08:41","guid":{"rendered":"https:\/\/precoinnews.com\/?p=149478"},"modified":"2022-01-13T08:08:41","modified_gmt":"2022-01-13T08:08:41","slug":"litecoin-ltc-price-analysis-bullish-above-145","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/litecoin-ltc-price-analysis-bullish-above-145\/","title":{"rendered":"Litecoin (LTC) Price Analysis: Bullish Above $145"},"content":{"rendered":"

Litecoin price is gaining bullish momentum above $130 against the US Dollar, similar to bitcoin. LTC price could resume higher if it breaks the $145 resistance zone.<\/em><\/p>\n

Litecoin Price Analysis<\/h2>\n

This week, there was a fresh increase in bitcoin, ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC struggled to clear the $150 resistance zone and started a fresh decline.<\/p>\n

There was a break below the $140 and $130 support levels. The price even spiked below the $125 support and the 55 simple moving average (4-hours). A low was formed near the $120 level and the price is now correcting higher.<\/p>\n

There was a move above the $130 level. There was a break above the 50% Fib retracement level of the downward move from the $154 swing high to $120 low. Besides, there was a break above a major bearish trend line with resistance near $140 on the 4-hours chart of the LTC\/USD pair.<\/p>\n

The pair is now trading above $135 and the 55 simple moving average (4-hours). Litecoin is now facing resistance near the $142 level. The next major resistance for the bulls is near the $145 level.<\/p>\n

It is near the 76.4% Fib retracement level of the downward move from the $154 swing high to $120 low. A clear move above the $145 level could pump the price. The next key resistance could be $160. On the downside, an immediate support is near the $135 level.<\/p>\n

The first key support is near the $132 level. If there is a downside break the $132 support, the price could visit $120. The next key support is near the $112 level, below which the price could slide towards the $105 level.<\/p>\n

<\/p>\n

Litecoin (LTC) Price<\/p>\n

Looking at the chart, litecoin price is clearly trading above $132 and the 55 simple moving average (4-hours). Overall, the price could continue to move up if there is a break above the $145 barrier.<\/p>\n

Technical indicators<\/h2>\n

4 hours MACD \u2013 The MACD for LTC\/USD is slowly gaining pace in the bullish zone.<\/p>\n

4 hours RSI (Relative Strength Index) \u2013 The RSI for LTC\/USD is now above the 50 level.<\/p>\n

Key Support Levels \u2013 $132 and $130<\/p>\n

Key Resistance Levels \u2013 $145 and $150.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Litecoin price is gaining bullish momentum above<\/p>\n","protected":false},"author":3,"featured_media":149477,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nLitecoin (LTC) Price Analysis: Bullish Above $145 - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/litecoin-ltc-price-analysis-bullish-above-145\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Litecoin (LTC) Price Analysis: Bullish Above $145 - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Litecoin price is gaining bullish momentum above\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/litecoin-ltc-price-analysis-bullish-above-145\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-13T08:08:41+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/01\/Litecoin-LTC-Price-Analysis-Bullish-Above-145-.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/litecoin-ltc-price-analysis-bullish-above-145\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/litecoin-ltc-price-analysis-bullish-above-145\/\",\"name\":\"Litecoin (LTC) Price Analysis: Bullish Above $145 - 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