empty
05.06.2025 09:53 AM
Technical Analysis of Intraday Price Movement of Litecoin Cryptocurrency, Thursday June 05, 2025.
Open trading account Open demo account

This image is no longer relevant

On the 4-hour chart of the Litecoin cryptocurrency, there is an appearance of a Descending Broadening Wedge pattern which indicates that there will be a strengthening in the near future, although currently there is a potential for a downward correction in Litecoin to the level of 85.33, but as long as this downward correction does not break and close below 83.65, Litecoin has the potential to rise again to the level of 92.69 and if the volatility and momentum of the strengthening support it, the level of 95.17 will be the next target to be aimed for.

(Disclaimer)

Arief Makmur,
Analytical expert of InstaTrade
© 2007-2025
Earn on cryptocurrency rate changes with InstaTrade
Download MetaTrader 4 and open your first trade

Recommended Stories

Trading Recommendations for the Cryptocurrency Market on July 17

Bitcoin attempted several times yesterday to break above the 120,000 level but failed to succeed. Ethereum, on the other hand, completed its task and easily jumped from 3,100 to 3,300
Miroslaw Bawulski 09:05 2025-07-17 UTC+2

Some market makers fix profits

Meanwhile, as Bitcoin rebounded to the $119,000 level, some major players in the cryptocurrency market were quick to take profits after recent large price movements. Investment firm Ark Invest
Jakub Novak 13:22 2025-07-16 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 16

Yesterday, Bitcoin experienced a modest correction but overall remained above the $117,000 mark, clearly indicating that its bullish prospects remain intact — it just needs a catalyst. Ethereum climbed back
Miroslaw Bawulski 09:51 2025-07-16 UTC+2

Bitcoin in limbo

Bitcoin buyers appear to be somewhat confused, as the FOMO currently dominating the market could backfire on those trying to jump on the "last train", — which, in reality
Jakub Novak 15:34 2025-07-15 UTC+2

Crypto week

While Bitcoin and Ethereum are undergoing a correction and doing so rather effectively, lawmakers and cryptocurrency advocates in the United States are preparing for one of the most important weeks
Jakub Novak 11:19 2025-07-15 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 15

Bitcoin has dropped from its all-time high of $123,000 and is currently trading at $117,000, which only increases its appeal. Ethereum has also fallen back below the 3,000-dollar level, after
Miroslaw Bawulski 09:31 2025-07-15 UTC+2

Bitcoin outpaces Amazon in terms of market cap

Bitcoin has reached a new all-time high near $122,000, surpassing Amazon in market capitalization. This event is undoubtedly a landmark moment in the history of cryptocurrencies and traditional finance
Jakub Novak 10:52 2025-07-14 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 14

Bitcoin hit another all-time high above $122,000, continuing its winning streak. Ethereum has also strengthened and is trading above $3,000, but has not yet reached the all-time high. Bitcoin's rally
Miroslaw Bawulski 09:53 2025-07-14 UTC+2

Bitcoin Forecast for July 14, 2025

Bitcoin Bitcoin is showing extreme boldness amid the general market sentiment of risk aversion. However, if such sentiment continues, the upper limit of Bitcoin's growth also becomes visible — 125,190
Laurie Bailey 05:31 2025-07-14 UTC+2

Litecoin is attempting to test its nearest resistance level, Friday, July 11, 2025.

Litecoin, Friday, July 11, 2025. Litecoin managed to break through and close above its pivot level. Although there is potential for a correction, positive fundamental factors provide an opportunity
Arief Makmur 08:00 2025-07-11 UTC+2
Online
support

InstaTrade Bonuses

All InstaTrade bonuses

Trading Instruments

The best instruments for successful online Forex trading.
MetaTrader Trading Platform
Charts on-line
Forex Analysis
Forex Demo Account
Forex Calculator
Forex Indicators
Trading Symbols
InstaTick Trader
InstaTrade Gadget
banner
InstaCopy
Innovations server trading

Official partners of InstaTrade

The future is coming - InstaTrade and Dragon Racing
The team of Formula - E
Be always the first with InstaTrade Loprais Team
Official participant of the Dakar rally
Team up with us -
win with InstaTrade and Zvolen!
IIHF Continental Cup winner in 2005

Top analytics

Relevance up to 01:00 UTC--5
The Dollar Was Shaken Yesterday — Here's Why
11:38 2025-07-17
Fundamental analysis
Relevance up to 19:00 UTC--5
EUR/USD Overview – July 17: U.S. Inflation Will Only Accelerate
03:21 2025-07-17
Fundamental analysis
Relevance up to 21:00 UTC--5
EUR/USD Forecast for July 17, 2025
05:34 2025-07-17
Technical analysis
Relevance up to 19:00 UTC--5
GBP/USD Overview – July 17: The UK Has Accepted Trump's Terms. Consequences
03:21 2025-07-17
Fundamental analysis
Relevance up to 05:00 UTC--5
Forex forecast 17/07/2025: EUR/USD, GBP/USD, USD/JPY, SP500 and Bitcoin
12:08 2025-07-17
Technical analysis
Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.