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Author Topic: Litecoin (LTC) Long Term Price Forecast  (Read 175 times)
analyst100 (OP)
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October 08, 2018, 05:53:24 AM
 #1

LTC/USD Long-term Trend: Ranging

Resistance Levels: $60, $70, $80
Support levels: $50, $40, $30

The LTCUSD pair had been in a range bound movement in the month of September 2018. It has an opening balance of $62.07 but closed with a balance of $60.39 as at the end of the month. The digital currency fluctuates between the levels of $50 and $65.

As a trader, you can make partial profits as the digital currency ranges between the range bound zone. You can initiate a long trade at the lower level of price range and exit at the upper level of price range and Price is currently fluctuating at the lower level of price range and it is expected at the upper price level. Meanwhile, the price of Litecoin is below the 12-day EMA and 26-day EMA which indicates that the bearish trend is ongoing.

Meanwhile, the Relative Strength Index period 14 is level 38 which indicates that the market is oversold signaling bears’ exhaustion and suggesting bulls to take control of the market.
palle11
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October 08, 2018, 08:05:46 AM
 #2

From the analysis you made, litecoin is currently at $57 , a few dollars below your first resistant level at $60 . Well from what I see and know about litecoin, it is going to go beyond all your resistance level to $100 by the end of the year.
btc_angela
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October 09, 2018, 09:32:58 AM
 #3

From the analysis you made, litecoin is currently at $57 , a few dollars below your first resistant level at $60 . Well from what I see and know about litecoin, it is going to go beyond all your resistance level to $100 by the end of the year.

If the price is currently at $57, and based on what the OP has stated below, its just a matter of time before we can see the price dipping around the $40-$50 as it was clearly overbought. but then again, we don't know what's gonna happen next, everyone is really looking at a big jump in December so let wait and see.
luckmans
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October 09, 2018, 12:08:53 PM
 #4

Can you give some long term signals for other coins.Really appreciate  Smiley
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October 09, 2018, 02:32:08 PM
 #5

From the analysis you made, litecoin is currently at $57 , a few dollars below your first resistant level at $60 . Well from what I see and know about litecoin, it is going to go beyond all your resistance level to $100 by the end of the year.


Just take this in mind and then confirm the value expectations mate.

If you see the bitcoin value at 10k or even more I am sure you will be find the litecoins value at 300 to 400 USD. Next to that litecoin getting placed on most the exchanges and wallet. This signs we may expect decent growth in this coin.

 
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Strufmbae
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October 09, 2018, 02:46:05 PM
 #6

From the analysis you made, litecoin is currently at $57 , a few dollars below your first resistant level at $60 . Well from what I see and know about litecoin, it is going to go beyond all your resistance level to $100 by the end of the year.

I want to ride in trading. does anybody here who is fully trusted?  Not big amount tho, i don't have time to do trading myself and i am not that pro, i have litecoin in an exchange site coinut. I don't trust analysis at all,  maybe time will prove about this coming december about uptrend. 

Kevin77
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October 09, 2018, 02:59:57 PM
 #7

From the analysis you made, litecoin is currently at $57 , a few dollars below your first resistant level at $60 . Well from what I see and know about litecoin, it is going to go beyond all your resistance level to $100 by the end of the year.

If the price is currently at $57, and based on what the OP has stated below, its just a matter of time before we can see the price dipping around the $40-$50 as it was clearly overbought. but then again, we don't know what's gonna happen next, everyone is really looking at a big jump in December so let wait and see.
We really cannot say what is going to happen next and as it is, we can see most of the altcoin market moving sideways and trying to wait for bitcoin to pick a direction before we start seeing anything which to me seems like most traders just waiting on the sideline to see where the bitcoin market most especially will break out to before we start seeing serious participation in the market.

Definitely, if we get to see a break down to the lower part, the chances of seeing litecoin as well as other altcoins go lower is huge and if we see a major break out to the upper part for bitcoin, with the altcoins gearing up for a bull run, I would say testing new resistances and breaking them for LTC is possible.
blue_nexus15
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October 09, 2018, 06:03:10 PM
 #8

I think LTC will be worth $ 150 this year and up to x5 over the next 3 years. With the very low supply and the expansiveness of value over time from the widespread and extensive user base and reputation available, plus the positive news. I think LTC is one of the safe and strong options in the long run.

Whosdaddy
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October 11, 2018, 10:27:11 AM
 #9

LTC/USD Long-term Trend: Ranging

Resistance Levels: $60, $70, $80
Support levels: $50, $40, $30

The LTCUSD pair had been in a range bound movement in the month of September 2018. It has an opening balance of $62.07 but closed with a balance of $60.39 as at the end of the month. The digital currency fluctuates between the levels of $50 and $65.

As a trader, you can make partial profits as the digital currency ranges between the range bound zone. You can initiate a long trade at the lower level of price range and exit at the upper level of price range and Price is currently fluctuating at the lower level of price range and it is expected at the upper price level. Meanwhile, the price of Litecoin is below the 12-day EMA and 26-day EMA which indicates that the bearish trend is ongoing.

Meanwhile, the Relative Strength Index period 14 is level 38 which indicates that the market is oversold signaling bears’ exhaustion and suggesting bulls to take control of the market.
Well, it looks like he is actually looking at it from the perspective of a short term trader actually, which I certainly believe that with all things working out as expected in this market before the end of the year, and if bitcoin manages to leave that foot print to break out upward, the chances of actually seeing LTC go huge before the end of the year is there.

There are lots of resistances above us, but nothing is too much when the demand starts skyrocketing. We all know how this space can be so fast at breaking resistances, when it comes to the market making some bullish moves.
PepsLove
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October 17, 2018, 01:48:58 PM
 #10

LTC/USD Long-term Trend: Ranging

Resistance Levels: $60, $70, $80
Support levels: $50, $40, $30

The LTCUSD pair had been in a range bound movement in the month of September 2018. It has an opening balance of $62.07 but closed with a balance of $60.39 as at the end of the month. The digital currency fluctuates between the levels of $50 and $65.

As a trader, you can make partial profits as the digital currency ranges between the range bound zone. You can initiate a long trade at the lower level of price range and exit at the upper level of price range and Price is currently fluctuating at the lower level of price range and it is expected at the upper price level. Meanwhile, the price of Litecoin is below the 12-day EMA and 26-day EMA which indicates that the bearish trend is ongoing.

Meanwhile, the Relative Strength Index period 14 is level 38 which indicates that the market is oversold signaling bears’ exhaustion and suggesting bulls to take control of the market.

I do not agree as the litecoin is not outdated currency and only people who hold a good number for trading are keeping it alive. People moves ahead with the latest invention thats why people moved to bitcoin from fiat. Now until litecoin offers major changes, there is no hope to see it going back where it belong.
dipannita1
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October 17, 2018, 02:51:23 PM
 #11

I believe about LTC, I think it will be up soon & that's why I hold my LTC.

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