Litecoin LTC/USD are trading at 57.60 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $3 667 467 869. 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 the 54.05 area. Where once again we should expect a rebound and continued growth of the course Litecoin with a goal above the level of 66.45.
Litecoin Forecast and LTC/USD Analysis March 19, 2019
In favor of growth in LTC/USD quotes, a test of a bullish 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 the fall and the breakdown of the 50.50 area. 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 the area of 63.65, we should expect confirmation of the development of an upward trend in Litecoin.
Litecoin Forecast and LTC/USD Analysis March 19, 2019 involves an attempt to test the support area near the level of 54.05. Where can we expect a rebound and continued growth of LTC/USD in the region above the level of 66.45. An additional signal in favor of the rise of Litecoin will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be the fall and the breakdown of the 50.50 area. This will indicate a continued decline in cryptocurrency.
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