Litecoin LTC/USD is trading at the level of 63. Cryptocurrency is traded above the moving average with a period of 195, which indicates the existence of a bullish trend for Litecoin. A level 62 test is expected, from which it is expected to continue growth with a potential target near area 71. A strong signal in favor of the LTC/USD cryptocurrency growth will be a test of the lower bound of the «Triangle» model, as well as a test of the support line on the relative strength indicator (RSI).
Litecoin forecast & technical analysis on October 17, 2017
The cancellation of the LTC/USD growth scenario will result in a fall and breakdown of the area of 59, which indicates a potential continuation of the decline and development of the bearish trend. With the breakdown of the upper limit of the «Triangle» model and the closing of quotations above the level of 65, we expect to accelerate the growth of the cryptocurrency.
- BITCOIN chart online
- BITCOIN forecast & analysis
- ZCASH news & technical analysis
- LITECOIN prediction for today
- RIPPLE forecast & signals
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
