The Litecoin price prediction reveals that LTC records a gain of 1.06%, as the coin is seen approaching the $175 level.<\/p>\n
Key Levels:<\/p>\n
Resistance levels: $67, $69, $71<\/p>\n
Support levels: $53, $51, $49<\/p>\n
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LTC\/USD is seen trading in the green at the time of writing as the Litecoin price<\/a> is trading above the 9-day and 21-day moving averages with a gain of 1.51%. According to the daily chart, the candle formations are currently respecting upward movement, and retreating below the moving averages might position the market price in a decline. Meanwhile, the closest support level is located around the 21-day moving average at the $58 level while a north wave might see a high movement towards the upper boundary of the channel.<\/p>\n
As the daily chart reveals, the Litecoin price<\/a> is retreating from the daily high of $60.13. Meanwhile, an increase above this level could trigger intense buying to $67, $69, and $71 resistance levels. On the contrary, the Litecoin price may likely hold a support level at $58.51 which is the current daily low. Therefore, if the Litecoin price drops below this support level, it may likely hit the closest support at $56.<\/p>\n
Therefore, looking at the downside; the nearest level of support is 2800 SAT, if the price drops further to create a new low, lower support could be found at 2500 SAT and below. In addition, the 9-day MA is still above the 21-day MA, which could mean that the market may follow the upside.<\/p>\n
The Tamadoge team said that the move aims to make investing in TAMA easy and safe. These users can be confident in transferring fiat into crypto, hence the need for Tamadoge to secure this deal with Transak. One of the strongest pillars of any project in the web 3.0 & crypto sector is having a solid team to see the project succeed. The TAMA website has revealed Thomas Seabrook as the Tamadoge lead developer and Carl Dawkins as the head of growth. The other members of the Tamadoge team include Neil Palethorpe and Siphamandla Mjoli, who have joined as the Senior Interaction Designer and the Senior Blockchain Developer, respectively.<\/p>\n\n \n
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