Litecoin Price Prediction: Whale Activity Might Lead LTC to $100!

• Litecoin value prediction showcases nan upside inclination of LTYC crypto complete nan regular clip framework chart. 
• LTC crypto is trying to stay supra 50, 100 and 200-days Daily Moving Average while nan cryptocurrency has slipped beneath 20-days DMA.
• The brace of LTC/BTC was astatine 0.004058 BTC pinch an intraday summation of 1.65%.

Litecoin value prediction showcases nan upside inclination of LTC crypto arsenic whales are trying to supply a kickstart. The summation successful nan accumulation of whales mightiness thief LTC to surge towards nan $100 betterment level pinch maximum recovery. LTC crypto value mightiness rally during 2023 arsenic nan crypto value gets nan lead pinch thief of whales accumulation. Litecoin value needs to support nan existent betterment shape to surge towards nan $100 guidance level complete nan charts. 

Litecoin value was astatine $94.30 and has gained 1.25% of its marketplace capitalization during nan day’s trading session. However, trading measurement has decreased by 19.65% during nan intraday trading session. This demonstrates that sellers are trying to propulsion nan LTC crypto price. Volume to marketplace headdress ratio was astatine 0.05956.

Litecoin  value prediction suggests nan upside inclination of LTC crypto value complete nan regular clip framework chart. However, trading measurement tin beryllium observed beneath mean and needs to turn during nan intraday trading session. Meanwhile, LTC crypto is trying to stay supra 50, 100 and 200-days Daily Moving Average while nan cryptocurrency has slipped beneath 20-days DMA. 

Litecoin value has gained astir 7.33% during nan past period and nan quarterly study of LTC crypto is besides affirmative pinch a 25.50% recovery. Moreover, Litecoin value has besides recovered astir 68.40% wrong six months while LTC crypto value has gained 34.02% Year to Date.

Litecoin Price Might Rally During 2023 

Analysts estimate that LTC crypto value mightiness surge towards nan $150 level arsenic it sustains supra $100 guidance level. Technical indicators propose nan upside inclination of Litecoin price.

Relative spot scale showcases nan uptrend momentum of LTC crypto. RSI was astatine 49 and is astir to break retired of neutrality. However, MACD exhibits nan downtrend momentum of LTC crypto price. The MACD statement is still beneath nan awesome statement aft a antagonistic crossover. This indicates that method indicators are beautiful divergent complete Litecoin value action. Investors successful Litecoin request to hold until nan crypto value surges pinch a beardown upside inclination complete nan charts.

Summary        

Litecoin price prediction showcases nan upside inclination of LTC crypto arsenic whales are trying to supply a kickstart. The summation successful nan accumulation of whales mightiness thief LTC to surge towards nan $100 betterment level pinch maximum recovery. Litecoin value has gained astir 7.33% during nan past period and nan quarterly study of LTC crypto is besides affirmative pinch a 25.50% recovery. Technical indicators propose nan upside inclination of Litecoin price. Investors successful Litecoin request to hold until nan crypto value surges pinch a beardown upside inclination complete nan charts.

Technical Levels

Support Levels: $90.00 and $90.00

Resistance Levels: $95.00 and $100.00

Disclaimer

The views and opinions stated by nan author, aliases immoderate group named successful this article, are for informational purposes only, and they do not found financial, investment, aliases different advice. Investing successful aliases trading crypto aliases stocks comes pinch a consequence of financial loss.