Litecoin LTC/USD are trading at 66.40 and continue to move as part of strong growth. Cryptocurrency capitalization at the time of the publication of the forecast is $4 072 332 871. Moving averages indicate the presence of an upward trend in Litecoin. At the moment, we should expect an attempt to test the support level near 63.55. From where it is again necessary to expect a rebound and the continuation of the growth of the Litecoin rate with the goal above the level of 72.00.
Litecoin Forecast and LTC/USD Analysis April 3, 2019
In favor of growth in LTC/USD quotes, a test of an uptrend trend line on the relative strength index (RSI) will come out. The second signal will be a rebound from the lower boundary of the rising channel. Cancellation of the growth option will be a fall and a breakdown of the 59.55 area. This will indicate a breakdown of support and the continuation of the fall of the cryptocurrency rate. With the breakdown of the resistance area and the closure of quotations above 69.65, we should expect confirmation of the development of the upward trend in Litecoin.
Litecoin Forecast and LTC/USD Analysis April 3, 2019 involves an attempt to test the support area near the level of 63.55. Where can we expect a rebound and continued growth of LTC/USD in the region above the level of 72.00. An additional signal in favor of the rise of Litecoin is the test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be a fall and a breakdown of the 59.55 area. This will indicate a continued decline in cryptocurrency.
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