Litecoin LTC/USD are traded at 168 and continue to move within the correction. At the moment, we should expect a test of the support level test near the area of 160. Again, we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above the level of 185.
Litecoin (LTC/USD) technical analysis on March 23, 2018
In favor of LTC/USD quotes growth, the trend line test will be performed on the relative strength index (RSI). The cancellation of the variant of growth will be the fall and breakdown of the area 155, which will indicate the breakdown of the support area and the continuation of the fall. With the breakdown of the resistance area and the closing of quotes above the level of 177, one should expect confirmation of the development of the growth of the trend for Litecoin.
Litecoin (LTC/USD) technical analysis on March 23, 2018 suggests an attempt to test the support area near the level of 160, from which it is expected to rebound and continue growth in the area above the level of 185, an additional signal in favor of Litecoin growth will test the trend line on the indicator of relative strength index (RSI).
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