Litecoin LTC/USD are traded at the level of 245 and continue to move within the correction. At this point, we should expect an attempt to lower and test the level of 215. Where again we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above the level of 300.
Litecoin LTC/USD forecast on December 23, 2017
In favor of the growth of LTC/USD quotations, a support line test will be performed on the relative strength index (RSI). Cancellation of the growth option will be a breakdown of the area 180, which will indicate the continuation of the fall of LTC/USD. To expect the acceleration of growth is with the breakdown of the upper boundary of the descending channel and the closing above the level of 340.
Litecoin LTC/USD forecast on December 23, 2017 assumes a test of level 215, from which it is expected to rebound and continue growth to the area above the level of 300, an additional signal for the growth of Litecoin will be a test of the support line on the indicator of relative strength index (RSI).
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