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17 September 2021
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Litecoin Price Analysis: LTC/USD trends in a downward channel formation, within the green Ichimoku cloud

  • LTC/USD bears have stayed in control of the market for the second straight day.
  • The MACD shows sustained bearish market momentum.

LTC/USD daily chart

LTC/USD daily chart

LTC/USD fell from $43.426 to $43.07 in the early hours of Friday as it continues to trend inside the green Ichimoku cloud. William’s%R is trending at -70, right next to the oversold zone following recent price action. The MACD indicates sustained bearish momentum.

Support and Resistance

LTC/USD has strong resistance at $43.80, $44.55, SMA 50 and SMA 20. On the downside, healthy support lies at $42.35 and $41.15.

Key levels


Today last price 9314.59
Today Daily Change -62.27
Today Daily Change % -0.66
Today daily open 9376.86
Daily SMA20 9607.74
Daily SMA50 9372.66
Daily SMA100 8038.38
Daily SMA200 8229.58
Previous Daily High 9480.16
Previous Daily Low 9270.95
Previous Weekly High 10007.88
Previous Weekly Low 9072.17
Previous Monthly High 10074.48
Previous Monthly Low 8105.58
Daily Fibonacci 38.2% 9350.86
Daily Fibonacci 61.8% 9400.24
Daily Pivot Point S1 9271.82
Daily Pivot Point S2 9166.78
Daily Pivot Point S3 9062.61
Daily Pivot Point R1 9481.03
Daily Pivot Point R2 9585.2
Daily Pivot Point R3 9690.24
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