The current Litecoin price prediction stands at $64.79, with the Relative Strength Index (RSI) at period 14, hovering below the 50-level.<\/p>\n
Resistance levels: $85, $90, $95<\/p>\n
Support levels: $50, $45, $40<\/p>\n
The Litecoin price<\/a> experienced a minor downward trend following a failed bullish rally above the $64 level. However, the bulls may need to return to the market, in other to push the coin above the 21-day moving average. However, a successful break above the $70 resistance could send the Litecoin price above the upper channel boundary, potentially targeting resistance levels at $85, $90, and $95.<\/p>\n
Against Bitcoin, the Litecoin<\/a> price is striving to cross above the 9-day and 21-day moving averages, aiming for resistance at 2500 SAT. However, a successful breach of this barrier and subsequent closure above the upper channel boundary would be necessary for a bullish reversal.<\/p>\n
Conversely, a bearish slide toward the lower boundary of the channel could retest lows within the channel, with critical support at 2000 SAT and below. Meanwhile, buyers might push the market above the upper boundary of the channel, potentially reaching resistance at 2800 SAT and above. The Relative Strength Index (14) is likely to cross above the 50-level, confirming the bullish momentum.<\/p>\n
The Litecoin price may continue to see gains as it approaches the $65 resistance level. At present, the market price may break above the moving averages, suggesting a potential bullish move toward the upper boundary of the channel.<\/p>\n
On the other hand, a hot presale coin, the Wall Street Memes<\/a> token hits its final stage, allowing buyers the opportunity to purchase it at the current presale price before it becomes available on exchanges. The token has already raised over $25 million as it prepares for its official launch in the coming days.<\/p>\n
Wall Street Memes Token To Gain Massively – Presale to End SHORTLY!<\/strong><\/em><\/p>\n