LiteCoin Ultra (LTCU): How Does it Rank Tuesday on Long-Term Trading Metrics?

Tuesday, June 06, 2023 11:34 AM | InvestorsObserver Analysts

LiteCoin Ultra receives a weak long-term technical score of 1 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. LTCU currently holds a superior long-term technical analysis score than 1% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving LiteCoin Ultra a 1 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on LiteCoin Ultra!

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Trading Analysis

LiteCoin Ultra's price is $0.0160730 (54.76%) above its 100-day moving average price of $0.029352318 as its price at the moment sits at $0.045425336. Additionally, LTCU is $0.0444439 (-1116204.68%) higher than its 52-week low price of $0.000981413 while -$25.57107552 (-38.86%) under its 52-week high of $25.616500854. The current trading price in relation to its long-term average along with its 52-week high and low, gives LTCU an average long-term technical score of 1. Long-term trading movement of LiteCoin Ultra suggest that investors are bearish on the coin at the moment. LiteCoin Ultra currently has a total market cap of $46,847.15 to go along with its average daily volume of $2,378.81 worth of the currency over the past seven days. LTCU's volume is below its seven day average as of the past 24 hours, with 324.71 exchanged in that period.

Summary

Trading patterns over the last year for LiteCoin Ultra leads to the coin's a weak long-term technical score of 1 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the coin. Click Here to get the full Report on LiteCoin Ultra (LTCU).