Litecoin Price Prediction for Today, September 22

Litecoin Price Prediction for Today, September 22 – LTC Technical Analysis

Updated: 23 September 2023

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The current Litecoin price prediction stands at $64.79, with the Relative Strength Index (RSI) at period 14, hovering below the 50-level.

Litecoin Price Statistics Data:

Litecoin price now: $64.79
Litecoin market cap: $4.7 billion
Litecoin circulating supply: 73.6 million
Litecoin total supply: 84 million
Litecoin Coinmarketcap ranking: #15

LTC/USD Market Levels:

Resistance levels: $85, $90, $95

Support levels: $50, $45, $40

Litecoin Price Prediction for Today, September 22 - LTC Technical Analysis — LTCUSD – Daily Chart

LTC/USD is likely to create additional gains as the market price moves to cross above the upper boundary of the channel. At the moment, the Litecoin price breaks above the 21-day moving average and could make a bullish cross above the 9-day moving average to touch the daily high at $65.

Litecoin Price Prediction: LTC Poised for Further Gains

The Litecoin price experienced a minor downward trend following a failed bullish rally above the $64 level. However, the bulls may need to return to the market, in other to push the coin above the 21-day moving average. However, a successful break above the $70 resistance could send the Litecoin price above the upper channel boundary, potentially targeting resistance levels at $85, $90, and $95.

Looking at the daily chart, LTC/USD may continue its upward trajectory as the technical indicator Relative Strength Index (14) approaches the 50-level. However, should buyers fail to drive the market northward, a decline toward the lower boundary of the channel could lead to support levels at $50, $45, and $35.

LTC/BTC Initiates a Bullish Move

Against Bitcoin, the Litecoin price is striving to cross above the 9-day and 21-day moving averages, aiming for resistance at 2500 SAT. However, a successful breach of this barrier and subsequent closure above the upper channel boundary would be necessary for a bullish reversal.

Conversely, a bearish slide toward the lower boundary of the channel could retest lows within the channel, with critical support at 2000 SAT and below. Meanwhile, buyers might push the market above the upper boundary of the channel, potentially reaching resistance at 2800 SAT and above. The Relative Strength Index (14) is likely to cross above the 50-level, confirming the bullish momentum.

Litecoin Alternatives

The Litecoin price may continue to see gains as it approaches the $65 resistance level. At present, the market price may break above the moving averages, suggesting a potential bullish move toward the upper boundary of the channel.

On the other hand, a hot presale coin, the Wall Street Memes token hits its final stage, allowing buyers the opportunity to purchase it at the current presale price before it becomes available on exchanges. The token has already raised over $25 million as it prepares for its official launch in the coming days.

Wall Street Memes Token To Gain Massively – Presale to End SHORTLY!