{"id":274449,"date":"2020-09-29T17:44:53","date_gmt":"2020-09-29T21:44:53","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=274449"},"modified":"2020-09-29T17:48:31","modified_gmt":"2020-09-29T21:48:31","slug":"litecoin-ltc-price-prediction-september-29-2020","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/litecoin-ltc-price-prediction-september-29-2020","title":{"rendered":"Litecoin Price Prediction: LTC\/USD Risks Another Decline if Unable to Break Above $47 Resistance"},"content":{"rendered":"\r\n

Litecoin (LTC) Price Prediction \u2013 September 29, 2020<\/strong>
Litecoin’s current uptrend is resisted at the $47 high. LTC\/USD<\/a> is compelled to a sideways move below the resistance. However, LTC’s major resistance is the 12-day EMA. LTC\/BTC is also in a downward move. The coin is likely to make a further downward move as it makes a retest the 12-day EMA.

LTC\/USD Market<\/strong>
Key Levels:<\/strong>
Resistance Levels: $80, $100, $120
Support Levels: $50, $40, $20<\/p>\r\n

\"\"<\/a>
LTC\/USD – Daily Chart<\/figcaption><\/figure>\r\n

Litecoin downtrend has reached bearish exhaustion. Recently, the coin rebounded above the $41 low to reach a high of $47. The upward move could not be sustained because of the resistance at $47. On the upside, a break above the $47 resistance will propel price above the $51 high. If buyers are successful, the coin will resume upside momentum. Besides, the coin will be out of downward correction.<\/p>\r\n

Conversely, if the bulls fail to break above the previous high, the bears will attempt to break below the $41 support. If the bears are successful, the coin will slump to $39 low. This has been confirmed by the Fibonacci tool analysis. Today, the coin is trading at $45 at the time of writing.

Litecoin Indicator Analysis<\/strong>
LTC price bars are below the EMAs which suggest that price is likely to fall. Since September 1, the price has broken above the EMAs. LTC will rise once price breaks above the EMAs. The coin is in a bullish momentum and above the 40% range of the daily stochastic.<\/p>\r\n

\"\"<\/a>
LTC\/BTC – Daily Chart<\/figcaption><\/figure>\r\n

On the LTC\/BTC chart, the coin is on a downward move. There is an indication of a further downward move. A green candle body tested the 78.6 % Fibonacci retracement. LTC\/BTC will fall and reach the 1.272 Fibonacci extension level or the low of \u02430.003816.<\/p>\r\n","protected":false},"excerpt":{"rendered":"

Litecoin (LTC) Price Prediction \u2013 September 29, 2020Litecoin’s current uptrend is resisted at the $47 high. LTC\/USD is compelled to a sideways move below the […]<\/a><\/div>","protected":false},"author":1742,"featured_media":274508,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[5382,5483,7834,8009],"class_list":["post-274449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-litecoin","tag-ltc","tag-ltc-usd","tag-price-prediction"],"acf":[],"yoast_head":"\nLitecoin Price Prediction: LTC\/USD Risks Another Decline if Unable to Break Above $47 Resistance<\/title>\n<meta name=\"description\" content=\"Litecoin's current uptrend is resisted at the $47 high\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Litecoin Price Prediction: LTC\/USD Risks Another Decline if Unable to Break Above $47 Resistance\" \/>\n<meta property=\"og:description\" content=\"Litecoin's current uptrend is resisted at the $47 high\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-29T21:44:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-29T21:48:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/09\/LTCUSD-Learn2trade.png\" \/>\n\t<meta property=\"og:image:width\" content=\"953\" \/>\n\t<meta property=\"og:image:height\" content=\"609\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Azeez Mustapha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ItuGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azeez Mustapha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Litecoin Price Prediction: LTC\/USD Risks Another Decline if Unable to Break Above $47 Resistance\",\"datePublished\":\"2020-09-29T21:44:53+00:00\",\"dateModified\":\"2020-09-29T21:48:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449\"},\"wordCount\":315,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/09\/LTCUSD-Learn2trade.png\",\"keywords\":[\"litecoin\",\"LTC\",\"LTC\/USD\",\"Price Prediction\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449\",\"name\":\"Litecoin Price Prediction: LTC\/USD Risks Another Decline if Unable to Break Above $47 Resistance\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/09\/LTCUSD-Learn2trade.png\",\"datePublished\":\"2020-09-29T21:44:53+00:00\",\"dateModified\":\"2020-09-29T21:48:31+00:00\",\"description\":\"Litecoin's current uptrend is resisted at the $47 high\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#primaryimage\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/09\/LTCUSD-Learn2trade.png\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/09\/LTCUSD-Learn2trade.png\",\"width\":953,\"height\":609},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search & Compare Brokers within Crypto, Forex & Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\",\"name\":\"Azeez Mustapha\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg\",\"caption\":\"Azeez Mustapha\"},\"description\":\"Azeez Mustapha is a technical analyst with many years trading experience in the stock exchange and crypto markets. He has broad experience in forex trading, coaching, and funds management. Azeez provides daily articles covering the price movements of major cryptocurrencies, and has contributed to a range of respected publications and trading magazines. Find his other published work on Learn2.trade, and CryptoSignals.org.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/\",\"https:\/\/x.com\/ItuGlobal\"],\"gender\":\"male\",\"knowsAbout\":[\"Stock Exchange\",\"Cryptocurrency Trading\",\"Forex\"],\"jobTitle\":\"Author\",\"url\":\"https:\/\/insidebitcoins.com\/author\/azeezmustaph\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Litecoin Price Prediction: LTC\/USD Risks Another Decline if Unable to Break Above $47 Resistance","description":"Litecoin's current uptrend is resisted at the $47 high","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449","og_locale":"en_US","og_type":"article","og_title":"Litecoin Price Prediction: LTC\/USD Risks Another Decline if Unable to Break Above $47 Resistance","og_description":"Litecoin's current uptrend is resisted at the $47 high","og_site_name":"InsideBitcoins.com","article_published_time":"2020-09-29T21:44:53+00:00","article_modified_time":"2020-09-29T21:48:31+00:00","og_image":[{"width":953,"height":609,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/09\/LTCUSD-Learn2trade.png","type":"image\/png"}],"author":"Azeez Mustapha","twitter_card":"summary_large_image","twitter_creator":"@ItuGlobal","twitter_misc":{"Written by":"Azeez Mustapha","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449"},"author":{"name":"Azeez Mustapha","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8"},"headline":"Litecoin Price Prediction: LTC\/USD Risks Another Decline if Unable to Break Above $47 Resistance","datePublished":"2020-09-29T21:44:53+00:00","dateModified":"2020-09-29T21:48:31+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449"},"wordCount":315,"commentCount":0,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/09\/LTCUSD-Learn2trade.png","keywords":["litecoin","LTC","LTC\/USD","Price Prediction"],"articleSection":["More Crypto News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/insidebitcoins.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449","name":"Litecoin Price Prediction: LTC\/USD Risks Another Decline if Unable to Break Above $47 Resistance","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/09\/LTCUSD-Learn2trade.png","datePublished":"2020-09-29T21:44:53+00:00","dateModified":"2020-09-29T21:48:31+00:00","description":"Litecoin's current uptrend is resisted at the $47 high","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449#primaryimage","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/09\/LTCUSD-Learn2trade.png","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/09\/LTCUSD-Learn2trade.png","width":953,"height":609},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search & Compare Brokers within Crypto, Forex & Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8","name":"Azeez Mustapha","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg","caption":"Azeez Mustapha"},"description":"Azeez Mustapha is a technical analyst with many years trading experience in the stock exchange and crypto markets. He has broad experience in forex trading, coaching, and funds management. Azeez provides daily articles covering the price movements of major cryptocurrencies, and has contributed to a range of respected publications and trading magazines. Find his other published work on Learn2.trade, and CryptoSignals.org.","sameAs":["https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/","https:\/\/x.com\/ItuGlobal"],"gender":"male","knowsAbout":["Stock Exchange","Cryptocurrency Trading","Forex"],"jobTitle":"Author","url":"https:\/\/insidebitcoins.com\/author\/azeezmustaph"}]}},"_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1742"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=274449"}],"version-history":[{"count":0,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/274449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/274508"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=274449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=274449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=274449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}