CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

LTC Price Prediction: One Daily Close Below $53.77 Could Open the Door to $47.56

Blockchain.News logo

Published on

Add as a preferred source on Google
LTC Price Prediction: One Daily Close Below $53.77 Could Open the Door to $47.56

Litecoin is trading at $53.91 on Binance spot — $0.14 above the level CoinGabbar analyst Dikshant Dibbey identified as the conditional trigger for a November drop to $47.56. The session low of $53....

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

Writing on October 30, 2026, and reported by Blockchain.News on November 1, CoinGabbar's Dikshant Dibbey stated that "the evidence leans bearish while LTC trades under the $59.24 EMA," defining a base-case consolidation range of $53.77–$59.24. The condition for an accelerated move lower is a daily close below $53.77 — which would, in Dibbey's framing, open a path toward $47.56 in November 2026.

As of the November 3 observation on Binance spot, LTC sits at $53.91, a 2.07% decline over the prior 24 hours. The session printed a low of $53.45, placing that wick below $53.77. Dibbey's framework requires a confirmed daily close below that level — a distinction that keeps the base-case range intact for now, though the margin between current price and the trigger is $0.14 at the time of observation.

30). 73 lower. With price beneath every short- and medium-term average simultaneously, the trend structure across those timeframes is uniformly downward. 24 EMA sits well above current levels, consistent with that alignment.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.