Litecoin Price Prediction – February 20
The Litecoin price prediction faces a sharp price decline of around 4.62% at the time that the market opens, and it currently trades at $110.25.
Resistance levels: $165, $175, $185
Support levels: $75, $65, $55
According to the daily chart, LTC/USD is trading below the 9-day and 21-day moving averages. However, the Litecoin price failed to break above the moving average as it’s been rejected. More so, the buyers may need to change the price movement towards the upper boundary of the channel so as a clear break of this barrier may take the coin up to the nearest resistance level of $150 level.