Despite the recent fall, Litecoin doesn’t give up, and traders continue creating new theories about its further moves. Recently, Twitter users have come up with many interestingLitecoin price predictions. Read on to find out whether it’s a good time to trade Litecoin, and how it can surprise us all.
Breakout is confirmed
There are many interesting LTC price charts showing patterns – most hint at positive prospects for LTC, for example:
Fibonacci plays crucial role in that. Here’s what we have:
Besides, the LTC/BTC relation also means that Litecoin is about to hit the ceiling and reach at least the $100 level:
We can also see the descending triangle pattern coming to an end:
Not a huge fan of the descending triangle formation after a run up. I'd like to see more of a falling wedge or channel or even an ascending triangle. Middle BB holding as support as we as the RSI from the first week of Feb. Coming to the end of this pattern soon. #Litecoin #LTC pic.twitter.com/nNlghiwKr5— Rob D- IMO, BSV is a scam. (@BoilingPointLTC) April 17, 2019
LTC has managed to get out of this pattern, so it continues growing:
One more interesting chart:
$LTC #Litecoin is finding its self in a support and risistance situation. Support form the 50EMA/MA and the Diagonal trendline. Resistace from the Horizontal trendline. DI- is squeezing down and ADX is coming to a trough, a push up can make a new trend prominent. pic.twitter.com/giZXnXxNze— Kaizen (@CryptoKeyser) April 19, 2019
The good news doesn’t end today:
Let’s finish with one more positive chart:
Litecoin (LTC) Price Analysis: Dips Remain Attractive To The Bulls pic.twitter.com/RUC21NMo1G— Crypto Analyses (@TechAnalyses) April 19, 2019
As we see, the weather is good, and no sudden falls are expected. With such a tempo, Litecoin should reach $100 during April. So hold your assets and wait – it should happen soon.
Subscribe to U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!