Litecoin (LTC) Daily Price Forecast – October 30

2018-10-30 09:13

LTC/USD Medium-term Trend: Bearish

Resistance Levels: $66, $68, $70
Support Levels: $48, $46, $44

Yesterday, October 29, the price of Litecoin was in a bearish trend. The digital currency had been ranging below and above the price of $52. Yesterday, the price of Litecoin had broken the range bound movement and has fallen to the low of $48.82. The crypto's price is currently in a range bound movement.

The cryptocurrency was range bound between the levels of $50 and $65. Today, the price has broken the lower price range and has fallen to the low of $48.82. The bears might have exhausted their bearish pressure and price is likely to rise. 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 crypto's price is ranging above the $48 price level. Litecoin price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. 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

$ 56.22 (+0.27%)
Объем 24H $246.168m
Изменеия 24h: 1.32 %, 7d: 0.00 %
Cегодня L: $55.8 - H: $56.24
Капитализация $4.334b Rank 21
Цена в час новости $ 53.23 (5.62%)

price litecoin bearish trend had yesterday levels

price litecoin → Результатов: 126


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Фото:

Is Litecoin (LTC) a buy or sell in September?

Litecoin bulls are focused on breaking short term resistance at $50 If the price jumps above $50 it would probably reach $55 in the short time period The price of Litecoin is correlated with the price of Bitcoin Bitcoin is currently trading at $10,250 after defending the $10,000 level again We can say that the cryptocurrency market has stabilized, there is no big price movement in the last several wees and according to technical analysis, the neutral trend is still intact.

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