LTC / USD Medium-Term Trend: Range
Strength Levels: $ 60, $ 65, $ 70
Support Levels: $ 50, 45, $ 40
Yesterday, September 19, the price of Litecoin was in a lateral trend. There was no significant price movement as the digital currency was between the $ 50 and $ 60 levels. On September 19, the price of the LTC had a price spike, the price fell to its lowest level of $ 51.56 and was opposed. At the same time, the same candlestick rose to a maximum of $ 55.44 and also went back.
back as they test the upper and lower levels of the price range, while the LTC price will continue its movement with range of action, however, the MACD line and the signal line are on par with the zero line that indicates a neutral signal. the price of Litecoin is neither lower nor higher than the 12-day EMA and the 26-day EMA which indicates that as the trend ideways is underway. The index 14 of the relative resistance is the level 48 which indicates that the price is in the lateral trend zone.
LTC / USD Short-Term Trend: Range
In the 1 hour chart, the LTC price is in a sideways trend. The price 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 above the zero line indicating a sales signal.
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