Cryptocurrency Litecoin LTC/USD is trading at the level of 43.80. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. The drop in LTC/USD is expected near the level of 39.00, from which one should expect an attempt to grow and develop the bullish trend for Litecoin with a view to growth near the level of 50.00.
Litecoin forecast LTC/USD on June 22, 2017
Earlier, a weak signal was received for buying of the Litecoin cryptocurrency, due to the crossing of the signal lines at the level of 27.30. 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 33.00, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations for LTC/USD is with the breakdown of the local maximum area at 48.00.
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