{"id":15316,"date":"2022-12-28T16:04:00","date_gmt":"2022-12-28T16:04:00","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/28\/litecoin-ltc-usd-rallies-from-a-support-zone-as-trading-volumes-rise\/"},"modified":"2022-12-28T16:04:00","modified_gmt":"2022-12-28T16:04:00","slug":"litecoin-ltc-usd-rallies-from-a-support-zone-as-trading-volumes-rise","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/28\/litecoin-ltc-usd-rallies-from-a-support-zone-as-trading-volumes-rise\/","title":{"rendered":"Litecoin (LTC\/USD) rallies from a support zone as trading volumes rise"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/06\/1655653235637-7d0e9c68-ae6a-49e3-ab60-367c08f65d0f-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/06\/1655653235637-7d0e9c68-ae6a-49e3-ab60-367c08f65d0f-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/06\/1655653235637-7d0e9c68-ae6a-49e3-ab60-367c08f65d0f-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/06\/1655653235637-7d0e9c68-ae6a-49e3-ab60-367c08f65d0f-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2022\/06\/1655653235637-7d0e9c68-ae6a-49e3-ab60-367c08f65d0f.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Litecoin correction was contained on the $64 support<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Micha\u00ebl van de Poppe expects LTC value to rally 22%<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">LTC is a good purchase on the present retracement for short-term buyers<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/litecoin\/what-is-litecoin\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>Litecoin<\/u><\/a> (LTC\/USD) could also be nicely on target to a different bullish rally. Despite the cryptocurrency cooling off from its current good points, bulls have defended the $64 support as the worth retraced. LTC has now initiated a short-term restoration above the support.\u00a0<\/p>\n<p dir=\"ltr\">While technicals depict a potential rally in LTC, crypto analyst Micha\u00ebl van de Poppe says the uptick will proceed. Poppe says LTC value might rise by not less than 22% from the present value stage. To emphasise his level, the analyst notes Litecoin is demonstrating strengths. He says he might be interested by some scalp trades on the $69 stage, with choices to go lengthy round $66.75, concentrating on $78 and $84. LTC traded at $67.48 as of press time and was on a slight bear correction.<\/p>\n<p dir=\"ltr\">Meanwhile, improvement exercise on Litecoin is on the rise. Santiment knowledge signifies that exercise grew strongly in September earlier than peaking in October. As of December 27, Litecoin was the second most lively chain. It recorded $2.88 billion in transaction volumes after Bitcoin\u2019s $3.98 billion.<\/p>\n<h2 dir=\"ltr\"><strong>LTC recovers on the 38.2% fib stage however above $64 support<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/11\/28\/1672241358701-8fcbb04f-1b03-422e-8445-e36b9fa16acd.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"298\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/LTCUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>LTC\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">Incorporating the Fibonacci retracement ranges on LTC day by day chart, the token\u2019s value initiated a restoration on the 38.2% fib stage. Momentum elevated as the cryptocurrency recovered the 50% fib stage. LTC can also be sustaining a short-term bullish trendline. The bulls have now efficiently defended the $64 support.<\/p>\n<h2 dir=\"ltr\"><strong>LTC concluding ideas<\/strong><\/h2>\n<p dir=\"ltr\">Technicals and fundamentals align for\u00a0<a href=\"https:\/\/coinjournal.net\/litecoin\/#:~:text=What%20is%20LTC%20price%20today,in%20the%20last%2024%20hours.\" rel=\"noopener noreferrer\" target=\"_blank\"><u>LTC price.<\/u><\/a> There is a clear uptrend, with value recovering key ranges that spell a bullish surge for the cryptocurrency.<\/p>\n<p dir=\"ltr\">LTC is a good purchase, with a value potential of as much as $84, the earlier resistance stage. However, patrons would nonetheless goal areas round $70, the 61.8% fib stage, and $76, the 78.6% fib stage. An extra uptick in LTC will rely upon the continued fundamentals and developments. Investors can purchase on the short-term retracement.<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase LTC<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro affords a big selection of cryptos, such as Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, be taught from, and duplicate or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTg5MjM&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy LTC with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Bitstamp<\/h3>\n<p>Bitstamp is a main cryptocurrency trade which affords trading in fiat currencies or well-liked cryptocurrencies.<\/p>\n<p>Bitstamp is a totally regulated firm which affords customers an intuitive interface, a excessive diploma of safety in your digital belongings, wonderful buyer support and a number of withdrawal strategies.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/bitstamp-crypto?guid=OTg5MjM&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy LTC with Bitstamp today            <\/a>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/litecoin-rallies-from-a-support-zone-as-trading-volumes-rise\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Litecoin correction was contained on the $64 support Micha\u00ebl van de Poppe expects LTC value to rally 22% LTC is a good purchase on the present retracement for short-term buyers Litecoin (LTC\/USD) could also be nicely on target to a different bullish rally. Despite the cryptocurrency cooling off from its current good points, bulls [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[1592,5115,503,358,162,75,1460,930],"class_list":["post-15316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-litecoin","tag-ltcusd","tag-rallies","tag-rise","tag-support","tag-trading","tag-volumes","tag-zone","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=15316"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15316\/revisions"}],"predecessor-version":[{"id":15317,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15316\/revisions\/15317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/3247"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=15316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=15316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/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