Litecoin (LTC) Price Prediction for July 2024

Krutika Adani

Price

Litecoin had traded at $75, down by 0.1% at press time. It had a $237 million trading volume in the last 24 hours.

Trend

Litecoin’s price has been on a downward trend, and it has struggled lately to cross the $75-$80 levels.

Chart Pattern

On 15-minute charts, Litecoin seems to form a double bottom pattern with the base at $74, which, when completed, could prove to be highly bullish.

What Do Indicators Say

The RSI shows that LTC has regained some momentum and could gain good price momentum in the near future.

Levels to Watch

On the bullish side, the price could retest $105 soon if the $80 resistance is defeated, while on the bearish side, it could slide down to $66 or even $60 if the levels of $72 fail to hold.