Litecoin (LTC) Daily Price Forecast – October 25

2018-10-25 10:51

LTC/USD Medium-term Trend: Bearish

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

Yesterday, October 24, the price of Litecoin was in a bullish trend. The crypto’s price reached the high of $53.69 and price fell to the low of $52.93. Yesterday, it was suggested that the price of Litecoin would rise but might face resistance at the $54 price level. The digital currency did face resistance at the $54 price level and it is now approaching the previous low of $52.

Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell 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 zone.

LTC/USD Short-term Trend: Bearish

On the 1-hour chart, LTC price is in a bearish trend. The digital currency fell to a low of $52.71 and commenced a bullish movement. The price of Litecoin is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. In addition, the MACD line and the signal line are below the zero line which indicates a sell 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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Litecoin (LTC) на Currencies.ru

$ 100.44 (+0.46%)
Объем 24H $781.826m
Изменеия 24h: -0.29 %, 7d: -16.38 %
Cегодня L: $97.62 - H: $103.64
Капитализация $7.566b Rank 23
Цена в час новости $ 48.91 (105.36%)

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