Litecoin LTC/USD is trading at the level of 45.13. The Ichimoku Cloud of Kinko Hyo broke through the cryptocurrency and began to trade above its upper limit, indicating an bullish trend in Litecoin. LTC/USD is expected to drop to the level of 43.50, from which one should expect an attempt of growth and further development of the bullish trend with the target of growth near the level of 50.10.
Litecoin forecast & analysis LTC/USD on August 7, 2017
Earlier, a weak signal was received for buying of Litecoin cryptocurrency, due to the crossing of signal lines at 40.00. An additional signal in favor of the upward trend will be a test of the support area. Cancellation of the variant of growth of Litecoin quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 39.50, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for LTC/USD is with the breakdown of the local maximum area at the level of 48.60.
- BITCOIN chart online
- BITCOIN forecast & analysis
- ZCASH news & technical analysis
- LITECOIN prediction for today
- RIPPLE forecast & signals
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
