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
Ripple Market Growth Line To Extend – Ripple is trading at 0.3567 and continue to move as part of the correction and the formation of the Triangle model. Moving Averages Indicate A Bearish Trend. Cryptocurrency capitalization at the time of the publication of the forecast is $14 854 026 644. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.3445. Further, the continuation of cryptocurrency growth in the region above the level of 0.4360.
In favor of the growth of XRP/USD quotes. The test of an uptrend trend line on the relative strength index (RSI) will come out. With the breakdown of the upper boundary of the «Triangle» model and closure above the 0.3750 area, we should expect confirmation of the development of growth along the Ripple.
Ripple Market Growth Line To Extend – The forecast for January 4th involves an attempt to test the support level near the 0.3445 area. Where can we expect to continue the growth of cryptocurrency with a potential goal at the level of 0.4360.
An additional signal in favor of Ripple growth will be a test of the trend line on the relative strength index (RSI).
Cancellation of growth options quotes will fall and the breakdown of the area of 0.3250. In this case, we should expect the continuation of the downward trend in digital currency.
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