{"id":12881,"date":"2022-11-18T07:55:22","date_gmt":"2022-11-18T07:55:22","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/11\/18\/litecoin-targets-the-70-resistance-level-again-after-adding-7-to-its-value\/"},"modified":"2022-11-18T07:55:22","modified_gmt":"2022-11-18T07:55:22","slug":"litecoin-targets-the-70-resistance-level-again-after-adding-7-to-its-value","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/11\/18\/litecoin-targets-the-70-resistance-level-again-after-adding-7-to-its-value\/","title":{"rendered":"Litecoin targets the $70 resistance level again after adding 7% to its value"},"content":{"rendered":"

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Litecoin is outperforming the different main cryptocurrencies thus far at present and is up by greater than 7% in the final 24 hours.<\/strong><\/p>\n

LTC, the native coin of the Litecoin blockchain, is up by greater than 7% in the final 24 hours. The coin is at present the greatest performer amongst the high 100 cryptocurrencies by market cap. At press time, the price of Litecoin<\/u><\/a> stands at $62.15.\u00a0<\/p>\n

There isn’t any catalyst behind LTC\u2019s ongoing optimistic efficiency. The rally comes as the broader crypto market embarks on its restoration after underperforming in the final two days.<\/p>\n

The whole cryptocurrency market cap stands above $835 billion, up by lower than 1% in the final 24 hours. This latest cryptocurrency news<\/u><\/a> comes as Bitcoin makes an attempt to transfer previous the $17k resistance level after rising by roughly 2% at present. Ether at present stands at $1,218, up by greater than 1% in the earlier 24 hours.<\/p>\n

Key ranges to watch<\/h2>\n

The LTC\/USD 4-hour chart is bullish, as Litecoin has been performing effectively over the final 24 hours. The technical indicators present that LTC is outperforming the broader cryptocurrency market.<\/p>\n

The MACD line crossed into the optimistic zone a couple of hours in the past, indicating that the bulls have regained management of the Litecoin market.<\/p>\n

The 14-day relative power index stands at 61. If the optimistic efficiency continues, LTC might enter the overbought area over the subsequent few hours or days.<\/p>\n

If the bullish momentum continues, LTC might transfer previous the first main resistance level at $69.04 earlier than the finish of the day.<\/p>\n

In the occasion of an prolonged bullish efficiency, Litecoin might surpass the $75 resistance level for the first time this month. However, it could want the assist of the broader crypto market to attain that level.<\/p>\n

The market is just not utterly bullish, which suggests the bears might nonetheless regain management. If that occurs, LTC might slip beneath the $57 assist level over the weekend.\u00a0<\/p>\n

Where to purchase Litecoin now<\/h2>\n

\n eToro<\/h3>\n

eToro presents a variety of cryptos, equivalent to Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, study from, and replica or get copied by different customers.<\/p>\n

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\n Buy LTC with eToro today <\/a>
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