{"id":281278,"date":"2021-01-18T03:58:37","date_gmt":"2021-01-18T08:58:37","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=281278"},"modified":"2021-09-14T11:10:30","modified_gmt":"2021-09-14T15:10:30","slug":"litecoin-price-prediction-ltc-usd-market-witnesses-a-significant-downturn-averaging-a-low-below-120","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/litecoin-price-prediction-ltc-usd-market-witnesses-a-significant-downturn-averaging-a-low-below-120","title":{"rendered":"Litecoin Price Prediction: LTC\/USD Market Witnesses a Significant Downturn Averaging a Low Below $120"},"content":{"rendered":"\r\n

Litecoin (LTC) Price Prediction \u2013 January 18<\/strong><\/em>
There is a significant drop in the valuation of LTC as traded against the US Dollar\u2019s value on January 11 trading sessions.

LT\/USD Market<\/strong>
Key Levels:<\/strong>
Resistance Levels: $180, $200, $220
Support Levels: $100, $80, $60

LTC\/USD \u2013 Daily Chart<\/strong>
A long bearish candlestick emerged on January 11, leading to now seeing the 14-day SMA trend-line getting curved a bit above the present price trading region around the $140 mark. The 50-day SMA trend-line is underneath the smaller SMA indicator with a notable space between them. The Stochastic Oscillators are now seen seemingly attempting to begin a consolidation moving mode near range 40. That said, it shows that the crypto-trade may soon start to witness a line of sideway-price moves around the $140 value in near sessions.
\"\"<\/a>
Where is LTC Price Going Next?<\/strong>
As the $140 price line, tends to possibly soon witnessing differential shorter-low and shorter-highs around it. It would be technically ideal for traders to be on the lookout for a decent price formation pattern before considering joining the market again. However, the LTC\/USD market<\/a> may be building-up from a support at $120 line. A violent downward-break could see the market recording other low value between $100 and $80 points.

A resistance price mark at $180 has set up a barrier in the furtherance of any future bullish attempting moves that the crypto-market may witness in no time as of now. In other words, selling entries may potentially come to play while bulls\u2019 driving-forces possess weak momentum. In the meantime, a southward breach of the 50-day SMA trading indicator at $140 will suggest a decent sell-confirmation signal.
\"\"<\/a>
LTCBTC Price Analysis<\/strong>
Comparing the trade-worth between LTC and BTC, on January 11, the 50-day SMA trend-line was intercepted from the top by the 14-day SMA to showcase that the base crypto\u2019s value is to some extent under a selling force. As the interception has just come afresh, a rebound rarely looks possible for the base-instrument to stage a come-back in the near time. The Stochastic Oscillators appear to commence a consolidation move around range 20. That suggests that the counter crypto is tightly holding weights in the trading operations.<\/p>\r\n","protected":false},"excerpt":{"rendered":"

Litecoin (LTC) Price Prediction \u2013 January 18There is a significant drop in the valuation of LTC as traded against the US Dollar\u2019s value on January […]<\/a><\/div>","protected":false},"author":1742,"featured_media":281286,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[10033,7834,7992],"class_list":["post-281278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-ltc-btc","tag-ltc-usd","tag-technical-analysis"],"acf":[],"yoast_head":"\nLitecoin Price Prediction: LTC\/USD Market Witnesses a Significant Downturn Averaging a Low Below $120 - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"There is a significant drop in the valuation of LTC as traded against the US Dollar\u2019s value on January 11 trading sessions.\" \/>\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\/281278\" \/>\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 Market Witnesses a Significant Downturn Averaging a Low Below $120\" \/>\n<meta property=\"og:description\" content=\"There is a significant drop in the valuation of LTC as traded against the US Dollar\u2019s value on January 11 trading sessions.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-18T08:58:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-14T15:10:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/01\/LTCUSDCHARTJAN18.png\" \/>\n\t<meta property=\"og:image:width\" content=\"920\" \/>\n\t<meta property=\"og:image:height\" content=\"504\" \/>\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=\"2 minutes\" \/>\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\/281278#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/281278\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Litecoin Price Prediction: LTC\/USD Market Witnesses a Significant Downturn Averaging a Low Below $120\",\"datePublished\":\"2021-01-18T08:58:37+00:00\",\"dateModified\":\"2021-09-14T15:10:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/281278\"},\"wordCount\":363,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/281278#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/01\/LTCUSDCHARTJAN18.png\",\"keywords\":[\"LTC\/BTC\",\"LTC\/USD\",\"Technical Analysis\"],\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/281278#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/281278\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/281278\",\"name\":\"Litecoin Price Prediction: LTC\/USD Market Witnesses a Significant Downturn Averaging a Low Below $120 - 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