Lokesh Gupta
20-01-2024
Since August 2023, Litecoin price has been trading within a narrow range of $58-$80.
On the Daily chart, LTC encounters resistance in maintaining levels above the 50 and 200 Day Moving Averages.
Following a brief bearish pattern, Litecoin's price shows a notable surge, suggesting a potential bullish reversal.
The question arises: Will LTC breach specific levels or continue trading within a consolidation zone?
Coingabbar's analysis suggests that Litecoin Price Prediction 2040 could reach a minimum of $500.
KEY LEVELS :
RESISTANCE LEVEL : $80-$97
SUPPORT LEVEL : $65-$57
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
5 months ago
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