Litecoin Price Analysis 2020 | Litecoin At Key Level Before Breakout?

Litecoin
The Litecoin 2020 chart has so far been in a rather somber state, much like many of the other cryptocurrencies. After the Litecoin price plummeted in March along with the vast majority of other markets, it did manage to recover somewhat. However, that was up until approximately mid-May.

Since that point in time, the Litecoin analysis has been demonstrating steady sideways movement with no significant change. But upon closer examination of the Litecoin price, 2020 appears to be a year of further downfall for the cryptocurrency.

And indeed, since June the Litecoin price analysis has already registered a rather hefty drop of 11%. The cryptocurrency tumbled down from the mark of $48.96 and is now trading at around $43.44. And according to some experts, the current downward triangle pattern that’s been forming over the past few months could be an indication of some bad Litecoin news.

The price could be facing a breakdown, in which case it will drop down below the $40 level. And should that happen, the next likely Litecoin price target would be at $39.81, which has been a very strong support point in the past. Watch the full video for our detailed Litecoin price prediction for the weeks and months head.

Did you like our “Litecoin Price Analysis 2020 | Litecoin Approaching Key Level Before Breakout” video? Then please be sure to give it a thumbs up and share our Litecoin price analysis with your friends. For more on the latest Litecoin price news, subscribe to the Currency.com channel.

#Litecoin
#LitecoinPrice
#LitecoinAnalysis

Products You May Like

Articles You May Like

BLOCKCHAIN EKONOMİYİ NASIL DEĞİŞTİRECEK – EKONOMİ HABERLERİ – DÜNYANIN HABERİ 132 – 04.08.2020
BES171/Money#3: Bitcoin Simplified, Blockchain technology how useful in Banking transactions?
BITCOIN WILL DO THIS IN 48 HOURS!!!? – Bull Run Confirmed!? – Bitcoin Price Analysis
ETHEREUM WILL MAKE YOU A MILLIONAIRE IN 2021!!!!!!!!? HERE IS WHY! [bitcoin next more is CRAZY..]
BITCOIN “WILL SHOCK EVERYONE THIS MONTH” – (this is why) Many Millionaires Will Be Created

Leave a Reply

Your email address will not be published. Required fields are marked *