Based on today's classical pivot point (P1) with the value of $82.33, Litecoin has support levels of $81.69, $81.19, and the strongest at $80.55. Similarly, Litecoin resistance levels are at $82.82, $83.46, and $83.96.
| # | Price | Strength |
|---|---|---|
| S1 | $81.69 | |
| S2 | $81.19 | |
| S3 | $80.55 |
| # | Price | Strength |
|---|---|---|
| R1 | $82.82 | |
| R2 | $83.46 | |
| R3 | $83.96 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 62.18 | NEUTRAL |
| Stoch RSI (14) | 92.03 | SELL |
| Stochastic Fast (14) | 91.07 | SELL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 18.98 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.40 | NEUTRAL |
| Momentum (10) | 6.27 | NEUTRAL |
| MACD (12, 26) | 0.91 | NEUTRAL |
| Williams Percent Range (14) | -8.93 | SELL |
| Ultimate Oscillator (7, 14, 28) | 57.92 | NEUTRAL |
| VWMA (10) | 78.96 | BUY |
| Hull Moving Average (9) | 80.27 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 80.09 | NEUTRAL |
Over the past 7 days, Litecoin price was most positively correlated with the price of Immutable X (IMX), Arbitrum (ARB), Polkadot (DOT), Ethena (ENA) and Ondo Finance (ONDO) and most negatively correlated with the price of Zcash (ZEC), JUST (JST), Monero (XMR), Hyperliquid (HYPE) and Midnight (NIGHT).
| Name | Correlation |
|---|---|
| Immutable X | 0.982 |
| Arbitrum | 0.982 |
| Polkadot | 0.981 |
| Ethena | 0.979 |
| Ondo Finance | 0.979 |
| Name | Correlation |
|---|---|
| Zcash | -0.606 |
| JUST | -0.445 |
| Monero | -0.322 |
| Hyperliquid | -0.298 |
| Midnight | -0.068 |
Litecoin price is positively correlated with the top 10 coins by market cap with a price of 0.948, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.812.
Currencies that are positively correlated with Litecoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Litecoin, a move in one direction for Litecoin would translate into a move in the opposite direction for the negatively correlated coin.
