Litecoin (LTC) Moves Towards $64 Mark - Litcoin Price Analysis - 6 Oct 2018

Oct 06 2018

Litecoin (LTC) Price Predictions / Litecoin (LTC) Forecast

After Price Change
1 day $59.0365 0.71%
1 week $59.4625 1.44%
1 month $59.0214 0.68%
6 months $79.6435 35.86%
1 year $126.2101 115.30%
5 years $341.1754 482.01%

We've applied Technical Analysis to the price of Litecoin (LTC/USD) for today and predict where price is headed.

The Relative Strength Index (RSI) is an important indicator for measuring the speed and variation of price movements. Its value ranges from zero and 100. The value around 30 and below is considered an oversold region and over 70 as oversold regions. Relative Strength Index is indicating Neutral action, with value at 49.574.

The Stochastic Oscillator is a range bound momentum oscillator. Stochastic oscillator is showing Neutral signal, with value at 38.139.

The Commodity Channel Index (CCI) is a momentum oscillator used in technical analysis to measure an instrument's deviation from its statistical average. Commodity Channel Index is indicating Neutral action, with value at 2.772.

30 days Exponential Moving Average is at 59.086, showing Sell signal, Litecoin is trading below it at $58.62. 20 days Volume Weighted Moving Average is at 59.148, showing Sell signal, Litecoin is trading below it at $58.62. 10 days Simple Moving Average is at 60.174, showing Sell signal, Litecoin is trading below it at $58.62.

200 days Simple Moving Average is indicating Sell action with value at 97.576, Litecoin is trading below it at $58.62. 20 days Exponential Moving Average is indicating Sell since Litecoin is trading at $58.62, below MAs value of 58.951. 200 days Exponential Moving Average is indicating Sell action with value at 89.757, Litecoin is trading below it at $58.62.

50 days Exponential Moving Average is indicating Sell since Litecoin is trading at $58.62, below MAs value of 61.011. 100 days Simple Moving Average is indicating Sell action with value at 67.416, Litecoin is trading below it at $58.62. 10 days Exponential Moving Average is at 59.177, showing Sell signal, Litecoin is trading below it at $58.62.

20 days Simple Moving Average is indicating Buy since Litecoin is trading at $58.62, below MAs value of 58.727. 100 days Exponential Moving Average is at 71.284, showing Sell signal, Litecoin is trading below it at $58.62. 50 days Simple Moving Average is indicating Buy since Litecoin is trading at $58.62, below MAs value of 58.37.

Also Read: Do's and Don'ts of Crypotcurrency Trading

30 days Simple Moving Average is indicating Buy action with value at 57.321, Litecoin is trading below it at $58.62. 9 days Ichimoku Cloud Base Line is at 56.518, showing Neutral signal, Litecoin is trading below it at $58.62. 9 days Hull Moving Average is indicating Buy since Litecoin is trading at $58.62, below MAs value of 57.839.

Other Technical Price Analysis for today:

Bitcoin (BTC) Swings Around $6500 as Market Remains Bull-Friendly - Bitcoin Price Analysis - 6 Oct 2018

Is Ethereum (ETH) Lacking Trading Interest? Ranges between $200–$250 - Ethereum Price Analysis - 6 Oct 2018

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