Litecoin (LTC) Price Analysis and News
- Patricia ArquetteOriginal
- 2024-10-16 06:06:21582browse
Over the past 24 hours, Litecoin's LTC/USD price rose 3.48% to $69.24. This continues its positive trend over the past week where it has experienced
output: Litecoin's (CRYPTO: LTC) price rose 3.48% over the past 24 hours to $69.24, continuing a 5.0% gain over the past week from $65.61.
What's Moving?
LTC price rose 3.48% in the past 24 hours to $69.24 at the time of writing.
Over the past week,LTC price moved up 5.0% to a high of $70.2.
The live market price is displaying a 96.6% decrease from its all-time high of $410.26, reached on May 10, 2021.
Past 24 Hour Price Chart (Left) vs Past Week Price Chart (Right) for Litecoin (LTC). Price is represented in green and the Bollinger Bands are shown in gray, indicating price volatility. A wider Bollinger Band indicates higher price volatility.
Over the past 24 hours,LTC price moved within a range of $68.6 to $70.11.
Relative price volatility over the past 24 hours was measured by the Bollinger Bands, which showed a price range, or Bollinger Band Width, of $1.51, indicating moderate price volatility.
The simple moving average, or SMA, over the past 24 hours stood at $69.23.
Over the past week,LTC price moved within a range of $65.61 to $70.2.
Higher relative price volatility over the past week was indicated by the Bollinger Bands, showing a Bollinger Band Width of $4.6, suggesting significant price volatility.
The past seven days' simple moving average, or SMA7, stood at $68.1.
What's Next for Litecoin?
After rising over the past week, will LTC price continue to climb or begin trending down?
Trending price movements and Bollinger Bands can help traders anticipate price trends.
Over the past 24 hours,LTC price showed a clear trending movement within the Bollinger Bands, indicating a potential for further price volatility.
However, over the past week,LTC price showed a mostly trending movement within the Bollinger Bands, signaling a potential for continued price volatility.
Important price levels to watch for over the next 24 hours include a potential support price at $68.5 and a potential resistance price at $70.0.
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