Litecoin’s creator Charlie Lee usually expresses his concerns about cryptocurrencies openly. He recently expressed interest in Nano.

Let us now go ahead and apply a Technical Analysis to the price of Litecoin (LTC/USD) for today and predict where price is headed.

Stochastic oscillator is showing Neutral signal, with value at 20.569. Relative Strength Index is showing Neutral signal, with value at 29.811. Commodity Channel Index is showing Neutral signal, with value at -82.131.

50 days Simple Moving Average is at 76.739, showing Sell signal. Current price $56.95 of Litecoin is below 50 days Simple Moving Average. 30 days Simple Moving Average is at 73.915, showing Sell signal. Current price $56.95 of Litecoin is below 30 days Simple Moving Average. 100 days Simple Moving Average is at 96.223, showing Sell signal. Current price $56.95 of Litecoin is below 100 days Simple Moving Average.

20 days Simple Moving Average is at 68.613, showing Sell signal. Current price $56.95 of Litecoin is below 20 days Simple Moving Average. 200 days Exponential Moving Average is at 110.604, showing Sell signal. Current price $56.95 of Litecoin is below 200 days Exponential Moving Average. 20 days Volume Weighted Moving Average is at 64.746, showing Sell signal. Current price $56.95 of Litecoin is below 20 days Volume Weighted Moving Average.

100 days Exponential Moving Average is at 94.042, showing Sell signal. Current price $56.95 of Litecoin is below 100 days Exponential Moving Average. 10 days Exponential Moving Average is at 60.047, showing Sell signal. Current price $56.95 of Litecoin is below 10 days Exponential Moving Average. 9 days Hull Moving Average is at 53.845, showing Buy signal. Current price $56.95 of Litecoin is below 9 days Hull Moving Average.

50 days Exponential Moving Average is at 77.565, showing Sell signal. Current price $56.95 of Litecoin is below 50 days Exponential Moving Average. 9 days Ichimoku Cloud Base Line is at 69.859, showing Neutral signal. Current price $56.95 of Litecoin is below 9 days Ichimoku Cloud Base Line. 30 days Exponential Moving Average is at 70.305, showing Sell signal. Current price $56.95 of Litecoin is below 30 days Exponential Moving Average.

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200 days Simple Moving Average is at 129.194, showing Sell signal. Current price $56.95 of Litecoin is below 200 days Simple Moving Average. 20 days Exponential Moving Average is at 66.034, showing Sell signal. Current price $56.95 of Litecoin is below 20 days Exponential Moving Average. 10 days Simple Moving Average is at 59.051, showing Sell signal. Current price $56.95 of Litecoin is below 10 days Simple Moving Average.

Other Technical Price Analysis for today:

Bitcoin (BTC/USD) Price Prediction via Technical Analysis for 16 August 2018

Ethereum (ETH/USD) Price Prediction via Technical Analysis for 16 August 2018

EOS (EOS/USD) Price Prediction via Technical Analysis for 16 August 2018