When will Litecoin reach $200?
Price on Litecoin is slowly aiming for $200 per token.
The bears intend to bring down the coin, continuing the pressure at the level below $190. If they succeed, they will break below the 20-day moving average of $191.
Bulls are aiming to snatch Litecoin up to a potential multi-year high. Especially against the background of the upward trend, which began on March 28. But buyers still can't hold a momentum above $195 per LTC. Now the cost of Litecoin is $194,30 on the Binance crypto exchange.
Even despite the MACD indicator, which assumes the advance of bulls, the bears do not intend to weaken the position. In support of this - daily RSI below 50. If they manage to drop the token to $177, the next stop will be $150.
Litecoin can come forward with other altcoins if Bitcoin stays above $60,000 long enough. The news background is still contributing to this. But for how long?