Litecoin (LTC) price is in a downtrend as it falls to the $50 low and resumes its upward move. In the last 48 hours, Litecoin has been making bullish moves.
The upside is facing resistance at the $52 high or the 21-day moving average line. In the previous price action, the altcoin was trading between $50 and $56. Today, the upside move is met with rejection at the $52 resistance or the 21-day SMA. The crypto can rally above the moving average lines and bullish momentum will reach the $64 high if there is a price rally.
Conversely, if the altcoin turns down from the moving average lines, it can also drop to the previous low of $48.
Анализа показатеља Литецоин
Litecoin is in a downtrend at level 45 of Relative Strength Index for period 14. Upward correction is rejected at recent high. The moving average lines are slanted horizontally and indicate the sideways trend.
LTC price is trading above the 80% range of the daily stochastic. The cryptocurrency can fall if it reaches the overbought region of the market.
Технички индикатори:
Главни ниво отпора - 200 и 250 долара
Главни нивои подршке - 100 и 50 долара
Који је следећи потез за Литецоин?
Litecoin could resume selling pressure as it trades in the overbought region of the market. Upward moves were rejected at the recent high. From Fibonacci analysis, LTC price corrected up to 61.8% Fibonacci retracement level. The implication is that it will fall to the Fibonacci extension from 1.618 or $49.11.
Одрицање од одговорности. Ова анализа и прогноза су лично мишљење аутора и нису препорука за куповину или продају криптовалуте и не треба их посматрати као подршку од стране ЦоинИдола. Читаоци би требало да сами истраже пре него што инвестирају у фондове.
Извор: хттпс://цоинидол.цом/литецоин-48-лов/