Litecoin price rallied sharply and broke many hurdles near $90.00 and $95.00 against the US Dollar.
LTC price even surged above the $100.00 barrier and traded close to the $108.00 levels.
There is a major bullish trend line forming with support at $96.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).
The pair is currently correcting gains, but it remains well supported near $98.00 and $96.00.
Binance Jersey Lists GBP-Backed Stablecoin ‘BGBP’ to its Fiat-to-Crypto Exchange
Friday July 19, 2019
Coinspeaker Binance Jersey Lists GBP-Backed Stablecoin ‘BGBP’ to its Fiat-to-Crypto ExchangeBinance Jersey, the fiat-to-cryptocurrency platform for the buying and selling of cryptocurrencies with Euros (EUR) and British Pounds (GBP), today announced it has listed a GBP-backed stablecoin, Binance GBP Stablecoin (BGBP). Binance looks to continue providing more options in the cryptocurrency and stablecoin space and […]
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Litecoin price rallied significantly and broke the $100.00 barrier against the US Dollar, while bitcoin is consolidating. LTC price is likely to continue higher and it could soon test $120.00.
Litecoin Price Analysis
This week, there was a strong rally in litecoin price from the $85.60 swing low against the US Dollar. The LTC/USD pair formed a support base above $82.00 and $85.00 and recently climbed significantly. Bitcoin and Ethereum also performed really well, helping LTC in clearing the main $90.00 and $92.00 resistance levels. The price even settled above the $90.00 barrier and the 55 simple moving average (4-hours). Finally, there was a break above the main $100.00 barrier. A new monthly high was formed at $107.61 and the price is currently correcting lower.
It broke the $102.00 support and the 23.6% Fib retracement level of the upward move from the $85.60 low to $107.61 high. The price even declined below the $100.00 level and recently tested the $96.00-98.00 support area. The 50% Fib retracement level of the upward move from the $85.60 low to $107.61 high is also near the $96.60 level to provide support. Moreover, there is a major bullish trend line forming with support at $96.20 on the 4-hours chart of the LTC/USD pair.
Therefore, the price remains well supported above the $96.00 and $98.00 levels. If there is a break below the trend line, the price could extend correction towards $90.80. It represents the 76.4% Fib retracement level of the upward move from the $85.60 low to $107.61 high. On the upside, an initial resistance is near the $102.50 level, above which the price may revisit the $107.00 level.
PointsBet Adds Ex-Jets Star Darrelle Revis for New Jersey Launch
Thursday November 08, 2018
Australian sportsbook PointsBet has tabbed former New York Jets superstar Darrelle Revis to be the face of its digital platform in the U.S. PointsBet announced in July that it would enter the U.S. market in New Jersey. That product is expected to launch soon. Revis, a four-time first-team All-Pro cornerback, also played one season apiece
The post PointsBet Adds Ex-Jets Star Darrelle Revis for New Jersey Launch appeared first on W88.
Looking at the chart, litecoin price is trading nicely in an uptrend above the $96.00 support area. If it starts a fresh increase above $102.50 and $107.00, there are chances of a break above $115.00. The next stop for the bulls could be near the $120.00 level in the near term.
4 hours MACD – The MACD for LTC/USD is losing momentum in the bullish zone, with a few bearish signs.
4 hours RSI (Relative Strength Index) – The RSI for LTC/USD is currently moving lower towards the 60 level.
Key Support Levels – $98.00 and $96.00.
Key Resistance Levels – $107.00 and $115.00.
The post Litecoin (LTC) Price Analysis: Strong Rally Above $100 Calls For $120 appeared first on Live Bitcoin News.
How Red Sox Players Feel About Joe Kelly Joining Dodgers In Free Agency
Friday December 14, 2018
The Boston Red Sox’s bullpen is going to look a little different in the 2019 Major League Baseball season. While it’s becoming increasingly unlikely the Red Sox re-sign Craig Kimbrel, Boston officially lost out on the Joe Kelly sweepstakes Thursday when the right-hander agreed to a three-year, $25 million deal with the Los Angeles Dodgers. […]
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