{"id":579082,"date":"2024-09-22T20:37:01","date_gmt":"2024-09-22T20:37:01","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=579082"},"modified":"2024-09-22T20:37:01","modified_gmt":"2024-09-22T20:37:01","slug":"litecoin-price-prediction-for-today-september-22-ltc-technical-analysis-2","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/litecoin-price-prediction-for-today-september-22-ltc-technical-analysis-2","title":{"rendered":"Litecoin Price Prediction for Today, September 22 \u2013 LTC Technical Analysis"},"content":{"rendered":"<p>The Litecoin price prediction shows that LTC is recovering from the daily opening price at the $7.40 level as the price heads to the upside.<\/p>\n<h2>Litecoin Prediction Statistics Data:<\/h2>\n<ul>\n<li>Litecoin price now &ndash; $66.90<\/li>\n<li>Litecoin market cap &ndash; $5.0 billion<\/li>\n<li>Litecoin circulating supply &ndash; 75 million<\/li>\n<li>Litecoin total supply &ndash; 84 million<\/li>\n<li>Litecoin Coinmarketcap ranking &ndash; #20<\/li>\n<\/ul>\n<p>Early adopters of <a href=\"https:\/\/insidebitcoins.com\/news\/litecoin-price-prediction-ltc-surges-13-after-the-cftc-says-its-a-commodity-and-this-world-first-ar-vr-blasts-past-3m\">the Litecoin (LTC) token have seen massive gains, with its price rising +5879.85% since its all-time low of $1.11 in 2015<\/a>. Despite being down from its all-time high of $412.96 in 2021, the token remains active, trading between $64.89 and $66.98 in the past 24 hours, showcasing ongoing market interest.<\/p>\n<h2>LTC\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $80.0, $85.0, $90.0<\/p>\n<p>Support levels: $50.0, $45.0, $40.0<\/p>\n<figure id=\"attachment_579086\" aria-describedby=\"caption-attachment-579086\" style=\"width: 1437px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-579086 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/LTCUSD_20092024.png\" alt=\"Litecoin Price Prediction for Today, September 22 &ndash; LTC Technical Analysis\" width=\"1437\" height=\"738\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/LTCUSD_20092024.png 1437w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/LTCUSD_20092024-300x154.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/LTCUSD_20092024-1024x526.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/LTCUSD_20092024-768x394.png 768w\" sizes=\"(max-width: 1437px) 100vw, 1437px\"><figcaption id=\"caption-attachment-579086\" class=\"wp-caption-text\">LTCUSD &ndash; Daily Chart<\/figcaption><\/figure>\n<p>On the daily chart, <a href=\"https:\/\/coinmarketcap.com\/currencies\/litecoin\/\">LTC\/USD has been consolidating within the channel, where the price is making lower highs and lower lows<\/a>. This channel formed after LTC failed to maintain its momentum above the critical $67 resistance level, which has historically acted as both support and resistance. The failure to break through this level may cause a retreat, which could lead to downward pressure.<\/p>\n<h2>Litecoin Price Prediction: Litecoin (LTC) May Break to the Upside<\/h2>\n<p>Recently, Litecoin has also formed a symmetrical triangle within this descending channel. This pattern indicates a consolidation phase, narrowing the price action between converging support and resistance levels. The symmetrical triangle typically signals a potential breakout, though it can go in either direction depending on market forces. Meanwhile, Litecoin&rsquo;s current price is squeezing between these boundaries, and we are awaiting a significant move.<\/p>\n<p><iframe title=\"Litecoin (LTC) Crypto Coin | Finally It Is About To Happen!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/PfhdQQGsTIQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>However, a key support level within this setup is around $64.0, which aligns with the 9-day and 21-day moving averages. Therefore, if Litecoin breaks down below this support, the next move could be a deeper correction, potentially targeting this lower price level which could hit the supports at $50.0, $45.0, and $40.0. On the other hand, a breakout above the channel&rsquo;s upper boundary could push LTC toward the $75 level, providing a short-term bullish opportunity around the resistance levels of $80.0, $85.0, and $90.0.<\/p>\n<h2>LTC\/BTC Could Head to the Upside<\/h2>\n<p>Against Bitcoin, <a href=\"https:\/\/insidebitcoins.com\/news\/litecoin-price-prediction-while-ltc-coin-completes-its-dip-follow-the-experts-to-this-pumping-presale-crypto\">the Litecoin price is heading to the north as the coin moves to cross above the 9-day and 21-day moving averages<\/a>, trading at 1058 SAT. Therefore, following the recent negative sign, the current market movement may begin to follow upward movement if the buyers push the price above the channel&rsquo;s upper boundary.<\/p>\n<figure id=\"attachment_579085\" aria-describedby=\"caption-attachment-579085\" style=\"width: 1437px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-579085 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/LTCBTC_20092024.png\" alt=\"Litecoin Price Prediction for Today, September 22 &ndash; LTC Technical Analysis\" width=\"1437\" height=\"738\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/LTCBTC_20092024.png 1437w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/LTCBTC_20092024-300x154.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/LTCBTC_20092024-1024x526.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/LTCBTC_20092024-768x394.png 768w\" sizes=\"(max-width: 1437px) 100vw, 1437px\"><figcaption id=\"caption-attachment-579085\" class=\"wp-caption-text\">LTCBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>Moreover, as soon as the bulls increase the pressure, the market price could hit the resistance level of 1200 SAT and above. Meanwhile, a retest below the channel&rsquo;s lower boundary could lower the price to the support level of 880 SAT and below.<\/p>\n<p>Nevertheless, @AltCryptoTalk informed his 26k+ followers on X (formerly Twitter) that one of his favorite OG cryptos is approaching the key $50 mark, signaling a potential opportunity for long positions. He noted that for bulls to regain control, a momentum candle closing above the $69 high is crucial. &#128640; Full crypto market analysis is available in the comments below!<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LTC<\/a> &ndash; <a href=\"https:\/\/twitter.com\/litecoin?ref_src=twsrc%5Etfw\">@litecoin<\/a><\/p>\n<p>One of my favorite OGs &#128081;<\/p>\n<p>As it approaches the significant round number of $50, we will be watching for long opportunities.<\/p>\n<p>For the bulls to regain control, a momentum candle close above the $69 high is required.&#128640;<\/p>\n<p>Full analysis of the crypto market in the&hellip; <a href=\"https:\/\/t.co\/F90AC10pdF\">pic.twitter.com\/F90AC10pdF<\/a><\/p>\n<p>&mdash; AltCryptoTalk (@AltCryptoTalk) <a href=\"https:\/\/twitter.com\/AltCryptoTalk\/status\/1837068213600850144?ref_src=twsrc%5Etfw\">September 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Alternatives to Litecoin<\/h2>\n<p>The Litecoin price could break above the channel&rsquo;s upper boundary if buying pressure intensifies, potentially surpassing the $68.0 resistance, as the bullish momentum gains traction. Meanwhile, <a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\">Pepe Unchained is attracting significant interest in the crypto space, exemplified by a whale&rsquo;s recent $60,000 investment<\/a>. This substantial purchase reflects growing confidence in the token&rsquo;s potential, with investors eyeing high returns as Pepe Unchained raises $14.6 million in its presale, positioning early buyers for potential future gains.<\/p>\n<p><strong>Pepe Unchained Whales Are Loading Up. Now Is The Time To Get In<\/strong><\/p>\n<p><iframe title=\"Pepe Unchained Whales Are Loading Up! Now Is The Time To Get In!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/zoMcrSpb9Fo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Pepe Unchained presents a unique investment opportunity for those looking to capitalize on the upcoming crypto market rally. With predictions of <a href=\"https:\/\/www.youtube.com\/watch?v=zoMcrSpb9Fo\">the token&rsquo;s value skyrocketing well above $0.50 and a whale already making a significant $60,000 investment<\/a>, it&rsquo;s clear there&rsquo;s growing confidence in its potential.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\">Visit Pepe Unchained<\/a><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/litecoin-price-prediction-ltc-surges-13-after-the-cftc-says-its-a-commodity-and-this-world-first-ar-vr-blasts-past-3m\">Litecoin Price Prediction: LTC Surges 13% After The CFTC Says It&rsquo;s A Commodity And This World-First AR\/VR Blasts Past $3M<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/cilinix-crypto-pepe-unchaineds-presale-update-will-pepu-10x-after-launch\">Cilinix Crypto Pepe Unchained&rsquo;s Presale Update &ndash; Will $PEPU 10X After Launch?<\/a><\/li>\n<\/ul>\n                                     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