Litecoin LTC/USD are traded at level 292 and continue to move within a bearish correction. At this point, we should expect a downgrade attempt and a 250 level test. Again, we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above the level of 380.
Litecoin forecast & technical analysis December 15, 2017
In favor of LTC/USD quotes growth, a support line test will be performed on the relative strength index (RSI). The abolition of the growth option will be the breakdown of area 210, which will indicate the continuation of the decline of LTC/USD. Expect to accelerate growth is with the breakdown of level 310.
Litecoin forecast & technical analysis December 15, 2017 assumes a 250 test attempt, from which it is expected to rebound and continue growth to an area above the level of 380, an additional signal in favor of Litecoin growth will be a trend line test on the relative strength index (RSI).
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