Litecoin (LTC) Daily Price Forecast – September 28

2018-9-28 09:18

LTC/USD Medium-term Trend: Bullish

Resistance Levels: $66, $68, $70
Support Levels: $60, $58, $56

Yesterday, September 27, the LTCUSD pair was in a bullish trend. The digital currency fell to the low of $56.61 and commenced a bullish movement. Price has now broken the $60 price level and it has reached the high of $63.16 . The LTC price is commencing another range bound movement above the price of $63.

Nevertheless, the digital currency may face resistance at the price of $69. 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 above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend. The Relative Strength Index period 14 is level 68 which indicates that price is in the bullish trend zone.

LTC/USD Short-term Trend: Bullish

On the 1-hour chart, the LTC price is in a bullish trend. The price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. 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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Litecoin (LTC) на Currencies.ru

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Источник: bitcoinexchangeguide.com

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