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Litecoin Outlook Ties $53.77 Trigger to $47.56 Downside Case

A daily candle trading above the $59.24 50-day average maps to an upside range of $65.74-$74.53.

Updated 1 min read
A neutral market chart graphic shows Litecoin candlesticks bracketed by two price bands. / EconoTimes.ai
A neutral market chart graphic shows Litecoin candlesticks bracketed by two price bands. / EconoTimes.ai

CoinGabbar analyst Dikshant Dibbey maps a November $53.77-$59.24 base range for Litecoin (LTC), with a $47.56 downside scenario.

The outlook places Litecoin’s base band between $53.77 and $59.24. Dibbey’s bear scenario links a daily candle trading below $53.77 to a $47.56 target.

Dibbey’s analysis uses $59.24 as the 50-day exponential moving average (EMA). Dibbey links a daily candle trading above $59.24 to a $65.74-$74.53 upside range.

Dibbey’s reading of the chart is negative while Litecoin remains under the $59.24 EMA.

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