Litecoin LTC/USD are trading at 42.63 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $2 519 874 553. Moving averages indicate the bullish trend in Litecoin. At the moment, we should expect an attempt to test the support level near the 41.55 area. Where can we again expect a rebound and continued growth of the Litecoin rate with a goal above the level of 49.55.
Litecoin Forecast and LTC/USD Analysis February 19, 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. As well as a rebound from the broken border of the downward channel. Cancellation of growth options will be the fall and the breakdown of the area of 36.75. This will indicate a breakdown of support and the continuation of the fall of the cryptocurrency rate. With the breakdown of the resistance level and the closure of quotations above 44.50, we should expect confirmation of the development of the upward trend in Litecoin.
Litecoin Forecast and LTC/USD Analysis February 19, 2019 involves an attempt to test the support area near the level of 41.55. Where can we expect a rebound and continued growth of LTC/USD in the region above the level of 49.55. An additional signal in favor of growth of Litecoin is a test of the trend line on the relative strength index (RSI). Cancellation option lift will fall and the breakdown of the area of 36.75. This will indicate a continued decline in cryptocurrency.