Cryptocurrency Litecoin LTC/USD is trading at the level 43.49. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. LTC/USD is expected to rise to a level of 45.50, from which it is expected to try to fall and develop a bearish trend for LTC/USD with a target to lower near the level of 35.90.
Litecoin LTC/USD prediction & analysis on July 12, 2017
Earlier, a medium strength signal was received for sales of Litecoin cryptocurrency, due to crossing of signal lines at the level of 47.30. 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 48.80, which indicates the change of 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 38.00.
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