Litecoin LTC/USD is trading at the level of 45.19. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 42.70, from which one should expect an attempt to grow and develop the bullish trend over LTC/USD with a target to rising near the level of 50.90.
Litecoin LTC/USD prediction & analysis on July 24, 2017
Earlier, a weak signal was received for buying of Litecoin cryptocurrency, due to the crossing of signal lines at 40.24. Cancellation of the growth scenario for Litecoin quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 39.80, 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 the level of 49.30.
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