Litecoin (LTC) Daily Price Forecast – September 21st

  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>
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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 and do not constitute financial advice. Always do your research.

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