Litecoin LTC/USD is trading at 44.15. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the level of 42.40, from which one should expect an attempt at growth and development of the bullish trend over LTC/USD with a target to growth near the level of 53.20.
Litecoin LTC/USD prediction & analysis on July 25, 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 variant of growth of Litecoin quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 39.50, which will indicate the change of the bullish trend in favor of the 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 51.90.
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