Litecoin LTC/USD is trading at the level of 47.60. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. LTC/USD is expected to fall in the support area near level 46, from which it is expected to attempt a growth and further development of the bullish trend with a target to growth near level 53.
Litecoin prediction & analysis LTC/USD on August 11, 2017
Earlier, a weak signal was received for buying of Litecoin cryptocurrency due to the crossing of signal lines at level 40. Withdrawal the variant of Litecoin quotes growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 43, which will indicate a change in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations for LTC/USD is with the breakdown of the area at level 48.
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