Litecoin LTC/USD is trading at 72.24. Cryptocurrency continues to move within the uptrend. At the moment, it is necessary to expect Litecoin correction to the support area at level 70 is expected. Further, the rebound and the continued growth of LTC/USD are above the level of 75.
Litecoin (LTC/USD) forecast for today November 21, 2017
A strong signal in favor of the correction of the cryptocurrency is the resistance test on the Stochastic indicator. The conservative area for buy cryptocurrency is located near level 69.10. The abolition of Litecoin growth option will be a breakdown of the level of the lower moving average and a closing below the level of 67.00, which will indicate the continuation of the decline of the cryptocurrency.
Litecoin (LTC/USD) forecast for today November 21, 2017 involves trying to test the support level near 70 and continuing growth in the area above 75, an additional signal in favor of the Litecoin depreciation is the resistance test on the Stochastic indicator.
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