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litecoin [LTC]at the time of writing, it was trading at $ 33.65 with a market capitalization of $ 2 billion, making it the seventh largest cryptocurrency in terms of market capitalization according to CoinMarketCap data.
Litecoin's 24-hour trading volume was $ 59.38 million and the bulk of trading volume [~25%] came from a Korean Coinbit exchange with the LTC / KRW trading pair. DOBI Trade follows Coinbit contributing for 16% of the total volume of the exchanges.
Litecoin also underwent a positive change of 6% in the 24 hours, while a variation of 5.25% was recorded in the space of seven days.
1 hour
The graph of an hour for Litecoin shows an uptrend from $ 27.34 to $ 31.18 and a downtrend ranging from $ 41.38 to $ 33.16. Support for Litecoin remains strong at $ 27.25, while resistance points can be seen poised above current Litecoin prices, ie $ 31.68, 35.29 and $ 37.29.
The MACD indicator shows a bullish crossover in progress and the histogram is illuminated with green bars above the zero line.
The Stochastic indicator it also shows a bullish crossover and indicates an overbought market for Litecoin.
The Chaikin cash flow shows an overbought market because the CMF line is well above the zero line and is recovering from the overbought area.
1 day
The uptrend can not be seen in the one-day chart as the downtrend extends from $ 125 to $ 34. Litecoin supports in this time frame can be seen at $ 28. Multiple resistance points are seen at $ 62.87 and $ 101.11.
The Parabolic SAR the markers show an uptrend in the one-day table for Litecoin.
The Awesome Oscillator shows a transition in green peaks indicating that prices are rising.
The Relative vigor index shows a bullish crossover downward, as the RVGI line crossed the signal line.
Conclusion
All indicators in the chart of an hour show an emerging uptrend in the short-term 1 hour chart. The one-day chart for Litecoin is showing a bullish trend even in the longest span of time.
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