Litecoin Price Prediction: LTC/USD Witnesses Price Upsurge in Ranges ByAzeez MustaphaPRO INVESTOR Updated: 15 June 2021 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 Litecoin Witnesses Price Upsurge – June 14The LTC/USD market operation witnesses price upsurge while it fails to break down the lower range-line. As of writing, the crypto records a positive rate of 2.95 percent to trade around the value of $175.Witnesses Price Upsurge: LTC MarketKey Levels:Resistance levels: $200, $250, $300Support levels: $130, $1200, $110LTC/USD – Daily ChartOn the LTC/USD daily chart, the crypto’s market activity now witnesses a price upsurge in the range-bound zones of $200 and $150. The smaller SMA has slightly breached past the upper range zone as a small candlestick is in the forming toward it from the underneath to establish the somewhat presence of an upward movement in the market presently. The 50-day SMA indicator remains crossed downward by the 14-day SMA trend-line. The Stochastic Oscillators have struggling to cross the lines in favor of the upside between ranges of 40 and 80. That suggests that an upward move is in the offing. Buy Litecoin Now Could the present price upsurge break the resistance of the $200 level in the near time? As the LTC/USD market witnesses a price upsurge in its trading activities, bulls now have every good opportunity to push further to the north. However, the line of resistance at $200 may be tough for the furtherance of an upsurge force. From the technical point of viewing, the pushes seem to be maintained around the long-ranging zones of the market.The downward forces of the crypto economy could still be obtained around the immediate resistance level of $200. The placement of all the indicators over the point earlier mentioned has indicated that some downward pressures can still feature in the process of price not heightening its move around that point. If bears fail to hold their appearance stronger around that in the near assumed possible consolidation moving manner, an upward force may in that case take over the market to gradually decimate bears’ impact in the long run. LTC/BTC Price Analysis It now appears that Litecoin cannot launch a position against Bitcoin. Therefore, there has been no tangible price upsurge to suggest that the base crypto will soon be pushing the trend as paired with the flagship counter trading tool. The 50-day SMA indicator is situated underneath the 14-day SMA trend-line as they both point toward the east. The Stochastic Oscillators have dipped into the oversold region to cross the lines to the northbound slightly over range 20. That suggests that the base crypto seems to be preparing the grand to regain the trending weight pairing with the counter crypto in the near time. Looking to buy or trade Litecoin (LTC) now? Invest at eToro! Buy Litecoin Now 75% of retail investor accounts lose money when trading CFDs with this provider Join Our Telegram channel to stay up to date on breaking news coverage