{"id":282755,"date":"2021-02-08T02:04:16","date_gmt":"2021-02-08T07:04:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=282755"},"modified":"2021-08-02T09:11:32","modified_gmt":"2021-08-02T13:11:32","slug":"litecoin-price-prediction-ltc-usd-struggles-to-recover-from-a-slight-southward-move-around-120-low-base-value","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/litecoin-price-prediction-ltc-usd-struggles-to-recover-from-a-slight-southward-move-around-120-low-base-value","title":{"rendered":"Litecoin Price Prediction: LTC\/USD Struggles to Recover from a Slight Southward Move Around $120 Low-Base Value"},"content":{"rendered":"\r\n

Litecoin (LTC) Price Prediction \u2013 February 7<\/strong><\/em>
LTC\/USD market has been in a short-increasing manner as it features a series of small ups from a low-base price to now trade a bit below the $160 mark.

LT\/USD Market<\/strong>
Key Levels:<\/strong>
Resistance Levels: $180, $200, $220
Support Levels: $120, $100, $80

LTC\/USD \u2013 Daily Chart<\/strong>
There has been a tight-conjunction formation between the two SMA trading indicators. Yet, they point to the north briefly underneath the trading value of the crypto-trade. About five days back of trading, there has been a feature of candlesticks below the $160 line denoting a kind of rejection. The joining of both the 14-day SMA and the 50-day SMA trend-lines at the $140 has made it a critical point in the market. The Stochastic Oscillators have managed springing up to find a location around range 80 near the overbought region. They have also closed hairs at the range spot to start a consolidation move in the near session.
\"\"<\/a>
Where is LTC Price Moving Next?<\/strong>
Though the crypto\u2019s value has shown the capacity of surging northward further in no time as of writing, the LTC\/USD<\/a> bulls still have to put up more strengthening efforts. Meanwhile, as it is, the crypto\u2019s energy has a relatively losing position around the $160 line. If bulls hold on to their stands, there will be a possibility of the crypto-trade witnessing another round of formation of small trading candlesticks around a higher value of $180 afterward.

On the downside, bears may have to be on the lookout for a violent price reversal against $200 and $180 levels to have a decent entryIn the scenario of not having it happening around those two trading levels, it is technical to stay away from the market for a while to avoid the bulls\u2019 trap.
\"\"<\/a>
LTC\/BTC Price Analysis<\/strong>
Comparisonof Litecoin and Bitcoin, the counter-crypto has continually put the base-crypto under a falling pressure. But, the pressure appears toward getting exhausted as price approaches a usual baseline. Therefore, it could be the turn of the base=crypto to regain its lost momentum and rise against the dropping pressures. The 50-day SMA trend-line is over the 14-day SMA trend-line with a space between them. That shows that the base-crypto is still under falling pressure. The Stochastic Oscillators swing between ranges 40 and 20 slightly pointing to the south. That indicates that some falling-pressures are still in play. Traders going short at this point should exercise caution.<\/p>\r\n","protected":false},"excerpt":{"rendered":"

Litecoin (LTC) Price Prediction \u2013 February 7LTC\/USD market has been in a short-increasing manner as it features a series of small ups from a low-base […]<\/a><\/div>","protected":false},"author":1742,"featured_media":282781,"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-282755","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 Struggles to Recover from a Slight Southward Move Around $120 Low-Base Value - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"LTC\/USD market has been in an increasing manner as it features a series of small ups from a low-base price to now trade a bit below the $160.\" \/>\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\/282755\" \/>\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 Struggles to Recover from a Slight Southward Move Around $120 Low-Base Value\" \/>\n<meta property=\"og:description\" content=\"LTC\/USD market has been in an increasing manner as it features a series of small ups from a low-base price to now trade a bit below the $160.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-08T07:04:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-02T13:11:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/02\/LTCUSDCHARTFEB7.png\" \/>\n\t<meta property=\"og:image:width\" content=\"934\" \/>\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\/282755#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/282755\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Litecoin Price Prediction: LTC\/USD Struggles to Recover from a Slight Southward Move Around $120 Low-Base Value\",\"datePublished\":\"2021-02-08T07:04:16+00:00\",\"dateModified\":\"2021-08-02T13:11:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/282755\"},\"wordCount\":412,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/282755#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/02\/LTCUSDCHARTFEB7.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\/282755#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/282755\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/282755\",\"name\":\"Litecoin Price Prediction: LTC\/USD Struggles to Recover from a Slight Southward Move Around $120 Low-Base Value - 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