Litecoin LTC/USD is trading at 45.20. The Cloud of Ichimoku Kinko Hyo broke through the cryptocurrency and began to trade below its lower limit, which indicates a bearish trend in Litecoin. LTC/USD is expected to rise to 46.20, from which it is expected to try to fall and develop a bearish trend for LTC/USD with a target to reducing near the level of 38.00.
Litecoin LTC/USD prediction & analysis on July 11, 2017
Earlier, a medium strength signal was received for sales of Litecoin cryptocurrency, due to crossing of signal lines at the level of 47.30. Canceling the variant of falling quotes Litecoin will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations above the area of 50.60, which indicates the change of the bearish trend in favor of the bullish trend. Expect the acceleration of the drop in quotations on LTC/USD is with the breakdown of the local minimum area at 40.50.
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