• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About us
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / News / Litecoin [LTC] To Smoothly Surf Beyond $250 As Bulls Take Shelter
Tron

Litecoin [LTC] To Smoothly Surf Beyond $250 As Bulls Take Shelter

March 13, 2021 by Sahana Kiran

The crypto market was sheltering both the bears as well as the bulls. While coins like Litecoin [LTC] and Uniswap [UNI] were headed upwards, others like XRP, Binance coin [BNB], Chainlink [LINK] were enduring a slump. The overall crypto market cap was noted at a high of $1.71 trillion.

Litecoin had finally figured out a way back over $200. At the time of writing, LTC was trading for $217.73 with a 5.10% rise in the last 24-hours. This entire week seemed beneficial for the altcoin as it secured profits of over 20%. The asset managed to retain itself in the top ten as its market cap was noted at $14.44 billion.

Litecoin [LTC] One-Hour Price Chart On Coinbase

Litecoin

Both the bulls and the bears were putting on a show in the short-term price chart of LTC. The Parabolic SAR indicator revealed had persisted its bullish pattern throughout the last few days. The dotted lines below the candlesticks acted as a line of support against any potential downfalls. While this sentiment could help the coin hit $250, the MACD indicator was saying otherwise. The MACD line was below the signal line going in for a bearish crossover.

The Relative Strength Index indicator was up by the 60 median which suggested a buyers’ market in the LTC market.

Litecoin [LTC] One-Day Price Chart On Coinbase

download 1 1

The bulls were swimming in the one-day price chart of Litecoin. The Awesome Oscillator had laid out dainty green closing bars. This further affirmed a bullish sentiment in the LTC market. The Chaikin Money Flow indicator was also delivering a bullish momentum with its marker over zero. Furthermore, all these signs suggested that LTC was heading towards $250.

The Money Flow Index indicator was exerting a buyers’ sentiment as the marker was over 60 median.

The short-term and the long-term charts of Litecoin pointed out that the bulls were in the market. However, the slight presence of the bears in the one-hour price chart could waver this growth.

Filed Under: News, Altcoin News, Market Analysis Tagged With: Litecoin (LTC)

Primary Sidebar

Recent Posts

  • Uniswap [UNI] Garners Maximum Gains While Bears Haunt The Crypto Market April 23, 2021
  • Is Ethereum a Better Asset Allocation for Performance Right Now? April 22, 2021
  • Turkish Crypto Exchange Users Succumb to Losses After CEO Absconds April 22, 2021
  • Tron [TRX] Bulls Stagnate Near $0.12 After Remarkable Comeback April 22, 2021
  • Bitcoin To Encounter “Major Correction” Warns Guggenheim’s Scott Minerd April 22, 2021


Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2021 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.