Litecoin forecast & technical analysis November 30, 2018

Litecoin LTC/USD traded at 33.95 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $2 098 825 740. At the moment, we should expect an attempt to test the support level near the 30.00 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 41.00.

Litecoin forecast & technical analysis November 30, 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. 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 upper boundary of the downward channel and the closure of quotations above the level of 38.50, we should expect confirmation of the development of an upward trend in Litecoin.

Litecoin forecast & technical analysis November 30, 2018

Litecoin forecast & technical analysis November 30, 2018 involves an attempt to test the support area near the level of 30.00. Where can we expect a rebound and continued growth of LTC/USD in the region above the level of 41.00. 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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