Cryptocurrency Litecoin LTC/USD is traded at the level of 46/57. Quotes of cryptocurrency will continue to move within the framework of a bearish correction. At the moment, testing the support area. It is worth expecting a rebound and an attempt to continue the growth of LTC/USD quotations in the region above the level of 57.
Technical analysis and Litecoin forecast on July 10, 2017
In favor of the growth of the crypto currency is the test of the support line on indicator of relative strength index (RSI). Canceling the option, the fall will increase and the breakdown of the region 42, which will indicate that Litecoin will continue to decline into the support area at level 37. With the breakdown of level 55, it is expected to accelerate the growth of LTC/USD quotes.
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