Litecoin LTC/USD are trading at 63.14 and continue to move in line with growth. Capitalization of the cryptocurrency at the time of publication of the forecast is $3 696 249 596. At this time, it is worth waiting for a test of the support level test near the area of 60.20. Where again we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above the level of 67.00.
Litecoin forecast & technical analysis September 28, 2018
In favor of LTC/USD quotes growth, the trend line test will be performed on the relative strength index (RSI). Cancellation of the variant of growth will be a decrease and breakdown of the area of 57.00, which will indicate the breakdown of support and the continued fall in the rate of the cryptocurrency. With the breakdown of the support resistance and the closing of quotes above the level of 64.50, one should expect confirmation of the development of the bullish trend in Litecoin.
Litecoin forecast & technical analysis September 28, 2018 assumes a test of the support area near the level of 60.20, from which it is expected to rebound and continue the growth of LTC/USD to the area above the level of 67.00, an additional signal in favor of Litecoin growth will be a trend line test on the relative strength index (RSI), the cancellation of the variant of growth will be a decrease and breakdown of the area of 57.00, which will indicate the continuation of the fall of the cryptocurrency.
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