{"id":106766,"date":"2019-10-20T19:22:16","date_gmt":"2019-10-20T13:52:16","guid":{"rendered":"http:\/\/ambcrypto.com\/?p=106766"},"modified":"2019-10-20T19:22:16","modified_gmt":"2019-10-20T13:52:16","slug":"litecoin-price-analysis-cryptocurrency-could-swing-higher-as-bulls-take-control","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/litecoin-price-analysis-cryptocurrency-could-swing-higher-as-bulls-take-control\/","title":{"rendered":"Litecoin Price Analysis: Cryptocurrency could swing higher as bulls take control"},"content":{"rendered":"<p>Litecoin [LTC] was trading at $53. 68 after rising by 0.12% in the last 24-hours, at press time. The silver coin held a market cap of $3.41 billion and registered a 24-hours trading volume of $2.4 billion, a significant portion of 11.8% was being traded at the crypto exchange CoinEgg via trading pair LTC\/ETH followed by pair LTC\/BTC which contributed 5.09%.<\/p>\n<figure id=\"attachment_106768\" aria-describedby=\"caption-attachment-106768\" style=\"width: 1324px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-106768 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/LTC.png\" alt=\"\" width=\"1324\" height=\"399\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/LTC.png 1324w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/LTC-300x90.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/LTC-768x231.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/LTC-1024x309.png 1024w\" sizes=\"(max-width: 1324px) 100vw, 1324px\" \/><figcaption id=\"caption-attachment-106768\" class=\"wp-caption-text\"><strong>Source: <a href=\"https:\/\/coinstats.app\/en\/coins\/litecoin\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">CoinStats<\/a><\/strong><\/figcaption><\/figure>\n<p><strong>LTC 1-hour Chart:<\/strong><\/p>\n<figure id=\"attachment_106767\" aria-describedby=\"caption-attachment-106767\" style=\"width: 1188px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-106767 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/download-15.png\" alt=\"\" width=\"1188\" height=\"539\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/download-15.png 1188w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/download-15-300x136.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/download-15-768x348.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/download-15-1024x465.png 1024w\" sizes=\"(max-width: 1188px) 100vw, 1188px\" \/><figcaption id=\"caption-attachment-106767\" class=\"wp-caption-text\"><strong>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/LTCUSD\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">LTC\/USD<\/a> on TradingView<\/strong><\/figcaption><\/figure>\n<p>Litecoin&#8217;s one-hour chart exhibited a downtrend from $56.95 to $54.02 and another minor downtrend was seen from $54.72 to $53.76. The cryptocurrency recorded an uptrend from $51.71 to $53.02. LTC found an immediate resistance point at $57.07 while the support stood firm at $51.94.<\/p>\n<p><strong>Bollinger Bands:<\/strong> The converging Bollinger Bands depicted low volatility in the LTC market.<\/p>\n<p><strong>Awesome Oscillator:<\/strong> The closing lines of the AO indicator was green, depicting a bullish period for the coin.<\/p>\n<p><strong>Chaikin Money Flow:<\/strong> The CMF line was well above the zero-line, indicating money flowing into the market and a bullish phase for the coin.<\/p>\n<p><strong>LTC 1-day chart:<\/strong><\/p>\n<figure id=\"attachment_106769\" aria-describedby=\"caption-attachment-106769\" style=\"width: 1188px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-106769 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/download-16.png\" alt=\"\" width=\"1188\" height=\"490\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/download-16.png 1188w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/download-16-300x124.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/download-16-768x317.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/10\/download-16-1024x422.png 1024w\" sizes=\"(max-width: 1188px) 100vw, 1188px\" \/><figcaption id=\"caption-attachment-106769\" class=\"wp-caption-text\"><strong>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/LTCUSD\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">LTC\/USD<\/a> on TradingView<\/strong><\/figcaption><\/figure>\n<p>Litecoin&#8217;s daily chart exhibited an uptrend from $60.82 to $75.28 and a downtrend from $141.11 to $77.43. The resistance point for the daily chart stood at points $77.74 and $102.18 respectively while the support remained untested at $43.11.<\/p>\n<p><strong>Parabolic SAR:<\/strong> The dotted markers hovering above the candlesticks depicted a bearish period for LTC.<\/p>\n<p><strong>MACD<\/strong>: The MACD line was above the signal line and suggested a bullish phase for the coin<\/p>\n<p><strong>Klinger Oscillator:<\/strong> The KO indicator also aligned with the bulls as signal line rested below the KO line.<\/p>\n<p><strong>Conclusion:<\/strong><\/p>\n<p>Despite subtle hints of bears presence, both short-term as well long-term price charts indicated a bullish phase for the coin in the near-term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Litecoin [LTC] was trading at $53. 68 after rising by 0.12% in the last 24-hours, at press time. The silver coin held a market cap of $3.41 billion and registered a 24-hours trading volume of $2.4 billion, a significant portion of 11.8% was being traded at the crypto exchange CoinEgg via trading pair LTC\/ETH followed<a href=\"https:\/\/ambcrypto.com\/litecoin-price-analysis-cryptocurrency-could-swing-higher-as-bulls-take-control\/\">Continue reading <span class=\"sr-only\">&#8220;Litecoin Price Analysis: Cryptocurrency could swing higher as bulls take control&#8221;<\/span><\/a><\/p>\n","protected":false},"author":27,"featured_media":106770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,66,4],"tags":[70],"class_list":["post-106766","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-new-news","category-social","tag-litecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Litecoin Price Analysis: Cryptocurrency could swing higher as bulls take control - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Litecoin&#039;s has failed to significant rallies since its halving. 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