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![Emergency-Upgrade-from-Litecoin-Team-Ensures-Safety-Against-DoS-Vulnerability "title =" Emergency-Upgrade-from-Litecoin-Team-Ensures-Safety-Against-DoS-Vulnerability "/> [19659002] LTC / USD medium-term trend: bullish </h2>
<p> Resistance levels: $ 60, $ 62, $ 64 <br /> Support levels: $ 56, 54, $ 52 </p>
<p> Yesterday, September 20, the price of Litecoin was in a sideways trend.After the price fluctuations, the digital currency reached the maximum of $ 57.37 and made a retracement.Please note that the price is testing the upper level of the price range </p>
<p> If the price fails to break the upper level, the digital currency will come back and begin a movement related to the range. Traders can start a short trade and a stop loss above the price level of $ 60. At the price level below $ 50, exit your short trade and earn partial profits. </p>
<p> However, the at the MACD line and the signal line is above the zero line indicating a purchase signal, moreover the price of Litecoin is higher than 12 days EMA and the EMA at 26 days which indicates that an upward trend is underway . The index 14 of the relative resistance is the level 59 which indicates that the price is in the lateral trend zone. </p>
<h2> LTC / USD short-term trend: bullish </h2>
<p> <img decoding=](https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Emergency-Update-from-Litecoin-Team-Ensures-Safety-Against-DoS-Vulnerability-696x449.jpg)
In the 1 hour chart, the LTC price is in an uptrend. The price of Litecoin reached the maximum of $ 56.86 and started a series movement. 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.
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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