Litecoin LTC/USD is trading at the level of 70.17. Cryptocurrency continues to move within the uptrend. At the moment, we should expect Litecoin correction to the support area at 68.00. Further rebound and continued growth of LTC/USD above the level of 75.
Litecoin (LTC/USD) forecast for today November 23, 2017
A strong signal in favor of the fall of the cryptocurrency is the resistance line test on the indicator Stochastic. The conservative buy area is close to 66.00. The abolition of Litecoin’s growth option will be a breakdown of the level of the lower moving average and a closing below the level of 63.00, which will indicate a continued decline in the currency and a possible change in the trend in favor of the bearish trend.
Litecoin (LTC/USD) forecast for today November 23, 2017 involves trying to test the support level near 68.00 and continuing growth in the area above level 75, an additional signal in favor of the Litecoin depreciation is the resistance line test on the Stochastic indicator.
