Litecoin (LTC) Daily Price Forecast – 4 September

  Litecoin Technical Analysis (LTC) July 20

LTC / USD Medium-Term Trend: Bullish

Strength Levels: $ 70, $ 80, $ 90
Support Levels: $ 60, $ 50 , $ 40

Yesterday, the LTC price has been on an uptrend. The cryptocurrency is outside the previous levels of $ 60 and $ 50. Yesterday, the price was $ 64 which was a level of support. Today, the price is still bullish and approaching at most $ 75. However, cryptocurrency is likely to be priced at $ 68.

In addition, the MACD line and the signal line are above the line zero indicating a purchase signal. In addition, the price of Litecoin is higher than the 12-day EMA and the 26-day EMA which indicates that an upward trend is under way. The Relative Strength Index period 14 is level 64 which indicates that the price is in the uptrend zone.

Short-term LTC / USD: bullish

In the 1 hour chart, the LTC price is in an uptrend. The price of Litecoin is higher than the 12-day EMA and the 26-day EMA which indicates that an upward trend is under way. The MACD line and the signal line are below the zero line indicating a sales signal.

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

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