Litecoin LTC/USD is trading at the level of 37.84. Cryptocurrency below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in Litecoin. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 38.80, from which one should expect an attempt to fall and develop a bearish trend over LTC/USD with a view to lower near the level of 30.80.
Litecoin LTC/USD prediction & analysis on July 3, 2017
Earlier, a medium strength signal was received for sales of Litecoin cryptocurrency, due to the crossing of signal lines at level 38.80. 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 quotes above the area of 42.50, indicating a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the drop in quotations for LTC/USD is with the breakdown of the local minimum area at 32.20.
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