Litecoin (LTC) Daily Price Forecast – November 30th

LTC / USD Medium-term trend: variable

Strength levels: $ 66, $ 68, $ 70
Support levels: $ 30, $ 28, $ 26

Yesterday, November 29, the price of Litecoin was in a lateral trend. On November 27, the day before, the crypt broke the 12-day EMA and the 26-day EMA while it was on an uptrend. The price reached the maximum of $ 36.12 and started a movement with a radius of action. The price of Litecoin is currently in an uptrend zone.

However, the price of Litecoin is declining and it is trying to break down exponentially moving averages. Meanwhile, the price of the crypt is higher than the 12-day EMA and the 26-day EMA indicates that the price is in the uptrend zone. Furthermore, the MACD line and the signal line are above the zero line indicating a purchase signal.

Short-term trend LTC / USD: variable

In the 1 hour chart, the price of the crypt is in a lateral trend. The price of Litecoin is fluctuating below and above the 12-day EMA and the 26-day EMA indicating the presence of a sideways tendency. Meanwhile, the price of the crypto is lower than the 12-day EMA and the 26-day EMA indicates that the price is in the downtrend zone. Furthermore, the MACD line and the signal line are above the zero line indicating a purchase signal.

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