Litecoin (LTC) Daily Price Forecast – October 10

2018-10-10 10:38

LTC/USD Medium-term Trend: Bearish

Resistance Levels: $66, $68, $70
Support Levels: $50, $48, $46

Yesterday, October 9, the LTCUSD pair was in a bearish trend. As the digital currency falls, it is approaching the lower level of price range. The digital currency is not likely to reach or break the $50 price level. Price is likely to reverse at the $55 price level. If price reaches and reverses at either $50 or $55, then traders should initiate long trades in anticipation of a bullish trend.

If the lower level of price range is broken price will reach the low of $ 47.Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend.

LTC/USD Short-term Trend: Bearish

On the 1-hour chart, the LTC price is in a bearish trend. The LTC price is approaching the price at $57 in a downward trend. The price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that price is falling. The Relative Strength Index period 14 is level 33 which indicates that the market is oversold signaling bear’s exhaustion and suggesting bulls to take control of the market.

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

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Litecoin (LTC) на Currencies.ru

$ 88.82 (-0.74%)
Объем 24H $1.256b
Изменеия 24h: 6.42 %, 7d: 7.42 %
Cегодня L: $82.16 - H: $90.8
Капитализация $6.681b Rank 22
Цена в час новости $ 57.59 (54.23%)

price trend bearish levels level digital currency

price trend → Результатов: 126


Фото:

Bullish Trend: Chainlink’s Top Investors are Accumulating at a Rapid Pace

Chainlink’s price action has been rather lackluster as of late, with its price lacking a clear trend as it consolidates alongside Ethereum and the rest of the crypto market. However, there’s a strong possibility that this will soon shift as Bitcoin’s ongoing uptrend will eventually lead to a capital rotation even that causes significant inflows […]

2020-11-1 04:00