Litecoin (LTC) Daily Price Forecast – January 15th

LTC / USD medium-term trend: bearish

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

Yesterday, January 14th, the price of Litecoin was in a bearish trend zone. Litecoin's price fell to $ 30.16 and the bulls started a bullish movement for the 12-day EMA and the 26-day EMA. The bulls resisted the 26-day EMA. Today, the price of the crypt is priced at $ 33 in the bearish trend zone.

The price of the crypt is likely to fall if it resists the 26-day EMA. Meanwhile, the Stochastic approaches the overbought region below the 80% range, indicating that the price of Litecoin is in a bullish momentum and a buy signal. The MACD line and the signal line are below the zero line indicating a sales signal.

Short-term trend LTC / USD: bullish

Last week, the 1-hour chart, Litecoin's price was in an uptrend zone. Yesterday, when the price of the crypto fell to a minimum at $ 30.53, the bulls made a bullish movement and passed the 12-day EMA and the 26-day EMA.

Today, the price of Litecoin is included in the price of $ 33.15. The price of the crypt should increase because it is in the uptrend zone. Meanwhile, the Stochastic is in the overbought region but below the 60% interval indicating that the crypt is falling and a sell signal.

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