LTCUSD Price | Litecoin Chart | IFCM Hong Kong
IFC Markets Online CFD Broker

LTCUSD Prices & Live Chart

LTCUSD Price Chart

  • 1m
  • 5m
  • 15m
  • 30m
  • 1h
  • 4h
  • 1d
  • 1w
  • 1m
  • 5m
  • 15m
  • 30m
  • 1h
  • 4h
  • 1d
  • 1w

Try Trading Simulator

0
Leverage 1:100
Margin 1000
Calculation base
Status: Closed Trading
Change:
Prev. closing
Open price
Today, max.
Today, min.

Technical Analysis

The LTCUSD technical analysis of the price chart on 1-hour timeframe shows LTCUSD,H1 is rebounding as it returned above the 200-period moving average MA(200) after retracing below MA(200) yesterday. We believe the bullish momentum will continue after the price breaches above the upper boundary of Donchian channel at 116.01. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 113.82. After placing the order, the stop loss is to be moved to the next fractal low , following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Crypto -

LTCUSD is rebounding as companies diversify crypto holdings. Will the LTCUSD price rebound persist?

There are reports an increasing number of public companies are diversifying their crypto holdings beyond Bitcoin, focusing on a variety of niche cryptocurrencies such as Trump’s HYPE token, Litecoin, and Toncoin. However Bitcoin remains the dominant cryptocurrency, having surged 77% recently. Companies are increasingly employing special purpose acquisition companies (SPACs), along with issuing equity or debt, to acquire a broad spectrum of alternative coins—altcoins. Examples of recent purchases include Brittany Kaiser, Sonnet BioTherapeutics, Avalanche, Freight Technologies, MEI Pharma and YZi Labs. Brittany Kaiser has announced a plan to purchase $200 million worth of Toncoin through RSV Capital. Sonnet BioTherapeutics acquired $888 million worth of HYPE token. Avalanche blockchain platform is reportedly exploring a token-staking arrangement structured via a SPAC. Freight Technologies purchased $TRUMP tokens, MEI Pharma invests heavily in Litecoin and YZi Labs is buying Binance Coin (BNB). Inclusion of altcoins in companies’ crypto diversification strategy is bullish for LTCUSD price.

IndicatorSignal
RSI Neutral
MACD Buy
Donchian Channel Buy
MA(200) Buy
Fractals Buy
Parabolic SAR Buy
Learn more
Close support
Call to WhatsApp Call to telegram Call Back