Yesterday, December 18, the price of Litecoin was in a bullish trend. On December 17, the crypto’s price reached the price at $30 but was retracing. On December 19, the crypto’s price commenced another bullish movement but was also retracing.

The LTC price is approaching the $32 price level. The price is likely to reach the high of $35 but may resistance at that level. Meanwhile, the crypto's price is above the 12-day EMA and the 26-day EMA indicating that price is likely to rise. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.

On the 1-hour chart, the price of Litecoin was in a bullish trend. On December 18, the crypto’s price was fluctuating above the $29 price level before the crypto commenced anther bullish movement. We are expecting the price to reach the $35 price level.

Meanwhile, the price of Litecoin is above the 12-day EMA and the 26-day EMA indicating that price is likely to rise. The MACD line and the signal line are above the zero line which indicates a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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