Litecoin (LTC) Long-term price forecasts

  Litecoin Price Analysis (LTC) 7 September "title =" Price Analysis of Litecoin (LTC) 7 September "/> </div>
<h2>  Long-term trend LTC / USD: bearish </h2>
<p>  Resistance levels: $ 60, $ 70, $ 80 <br /> Support levels: $ 50, $ 40, $ 30 </p>
<p>  Litecoin's price was uptrend at the beginning of September 2018. The initial balance was $ 62, 07. The LTC price attempted to break the maximum price of $ 70 The LTC price faced resistance at a price of $ 68.43 and brought the price down to a low of $ 56.23. brought the price back into the previous limit zone. </p>
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The price is now at the lowest level of the price range and has reached the critical support level of $ 50. The LTC price should rise to the level higher in the price range, while the MACD line and the signal line are below the zero line indicating a mark In addition, the price of Litecoin is lower than the 12-day EMA and the 26-day EMA, which indicates that the bear is bearish the trend is underway. Meanwhile, the Relative Strength Index 14 period is level 36 which indicates that the market is oversold which suggests bulls take control of the market.

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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