Moving averages indicate a bearish trend in Litecoin
Moving averages indicate a bearish trend in Litecoin – Litecoin traded at 30.30 and continue to move in the framework of growth and the formation of the model Triangle. Cryptocurrency capitalization at the time of the publication of the forecast is $1 935 051 598. At the moment, we can expect an attempt to test the support level near the 29.50 area. Where can we again expect a rebound and continued growth of the Litecoin rate. It is with the goal above the level of 37.65.
Moving averages indicate a bearish trend in Litecoin – Litecoin forecast & technical analysis January 4, 2019, involves an attempt to test the support area near the level of 29.50. Where can we expect a rebound and continued growth of LTC/USD in the region above the level of 37.65. An additional signal in favor of the growth of Litecoin will be a test of the trend line. Which is on the relative strength index (RSI).
Cancellation of the growth option will be the fall and the breakdown of the area 27.00. This will indicate a continued