Based on today's classical pivot point (P1) with the value of $81.06, Litecoin has support levels of $79.93, $78.06, and the strongest at $76.93. Similarly, Litecoin resistance levels are at $82.93, $84.06, and $85.93.
| # | Price | Strength |
|---|---|---|
| S1 | $79.93 | |
| S2 | $78.06 | |
| S3 | $76.93 |
| # | Price | Strength |
|---|---|---|
| R1 | $82.93 | |
| R2 | $84.06 | |
| R3 | $85.93 |
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) | 62.55 | NEUTRAL |
| Stoch RSI (14) | 93.01 | SELL |
| Stochastic Fast (14) | 94.37 | SELL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 20.13 | NEUTRAL |
| Awesome Oscillator (5, 34) | -1.11 | NEUTRAL |
| Momentum (10) | 4.99 | NEUTRAL |
| MACD (12, 26) | 0.80 | NEUTRAL |
| Williams Percent Range (14) | -5.63 | SELL |
| Ultimate Oscillator (7, 14, 28) | 61.98 | NEUTRAL |
| VWMA (10) | 78.25 | BUY |
| Hull Moving Average (9) | 79.35 | 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 Arbitrum (ARB), Sei (SEI), Quant (QNT), Immutable X (IMX) and Bonk (BONK) and most negatively correlated with the price of Hyperliquid (HYPE), JUST (JST), Zcash (ZEC), Monero (XMR) and Midnight (NIGHT).
| Name | Correlation |
|---|---|
| Arbitrum | 0.971 |
| Sei | 0.968 |
| Quant | 0.962 |
| Immutable X | 0.958 |
| Bonk | 0.957 |
| Name | Correlation |
|---|---|
| Hyperliquid | -0.596 |
| JUST | -0.566 |
| Zcash | -0.488 |
| Monero | -0.237 |
| Midnight | -0.130 |
Litecoin price is positively correlated with the top 10 coins by market cap with a price of 0.901, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.709.
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.
