Litecoin Price Prediction for Today, December 5: LTC/USD Bullish Price Claims Another Level ByAzeez MustaphaPRO INVESTOR Updated: 06 December 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage Towards the end of November, Litecoin bulls charged aggressively against the $80 price level, but the hyper-bullish price was rejected at the $80 resistance level. And bears attempted to take the market. Despite the bears’ aggression to take the market from November 24 to December 4, the price channel still maintains its upward direction. The forces of demand are stronger. And now, the price is above the $80 price level. Litecoin Market Price Statistic: LTC/USD price now: $81.7 LTC/USD market cap: 5,761,838,675 LTC/USD circulating supply:71,765,206.23 LTC/USD total supply: 84,000,000 LTC/USD coin market ranking: #12 Key Levels Resistance: $90, $100, $110 Support: $75, $70, $65 Litecoin Market Price Analysis: The Indicators’ Point of View The rejection of the price at the $80 level was followed by massive selling pressure. But the bear market could not make progress beyond the $74 support level. The bulls were much stronger than the bears. The Bollinger band illustrates an upward-moving market, but with a broader bandwidth. This means that the market is volatile. The bears are also very formidable, but the buyers have the upper hand. The market is moving in a bullish way. LTC/USD 4-Hour Chart Outlook As buyers continue to sustain the market, the price pullback we see through the RSI is a result of the market entering the overbought region. The buying pressure forces the price into the overbought territory and it is expected that the price will pull back to correct itself. The bull market is still showing vigour and the next target for the market is $90. Litecoin has been a very active market. it is similar to the Dash 2 Trade project. Apart from the fact that the token is doing marvelously well in the presale, Dash 2 Trade is a groundbreaking platform that keeps investors well-informed of all the events affecting the cryptocurrency market. You will not miss any important events on the cryptocurrency market, because the platform helps you stay on top of your trading game. D2T presale dashboard is launching soon as the product dev is ahead of schedule. In the ongoing presale, almost $8.5 million has been raised. Related D2T Price Prediction How to Buy D2T Dash 2 Trade - Crypto Analytics Platform Our Rating KYC Verified & Audited Native Token D2T Featured in Cointelegraph Now Listed on Bitmart, Gate.io, LBank & Uniswap Buy Now Join Our Telegram channel to stay up to date on breaking news coverage