Litecoin LTC/USD traded at 32.26 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $1 924 545 026. At the moment, we should expect an attempt to test the support level near the 29.00 area. From where it is again necessary to expect a rebound and the continuation of the growth of the course Litecoin with a target above the level of 40.00.
Litecoin forecast & technical analysis November 29, 2018
In favor of growth in LTC/USD quotes, a test of an uptrend trend line on the relative strength index (RSI) will be made. As well as a rebound from the upper boundary of the bearish channel. Cancellation of growth options will fall and the breakdown of the area 25.00. This will indicate a breakdown of the support area and the continuation of the fall of the cryptocurrency rate. With the breakdown of the resistance area and the closing of quotes above the level of 33.50, we should expect confirmation of the development of the upward trend in Litecoin.
Litecoin forecast & technical analysis November 29, 2018 involves an attempt to test the support area near the level of 29.00. Where can we expect a rebound and continued growth of LTC/USD in the region above the level of 40.00. An additional signal in favor of growth of Litecoin is a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be the decline and breakdown of the area 25.00. This will indicate the continuation of the fall of cryptocurrency.
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