Home / Litecoin / Litecoin (LTC) Long-term price forecasts – 29 December

Litecoin (LTC) Long-term price forecasts – 29 December

Working in the shadow of Bitcoin, Litecoin (LTC) has a future in the Altcoin Crypto market?

LTC / USD long-term trend: bearish

  • Strength levels: $ 60, $ 70, $ 80
  • Support levels: $ 30, $ 20, $ 10

The LTC / USD pair posted a bullish trend in the last week of December 2018. The cryptic had an initial balance of $ 32.16 in December, but had a closing price of $ 33.54. In other words, the price of Litecoin has a gain of 4.29% compared to its capitalization. The price of the crypt is in the bearish trend zone.

Meanwhile, the price of the crypto is lower than the 12-day EMA and the 26-day EMA which indicates that the price is in the bearish trend zone. Furthermore, the MACD line and the signal line are below the zero line indicating a sales signal. The stochastic indicator is also found in the oversold region but above the 20% range indicates that the price of Litecoin is in a bullish momentum and a buy signal.

Tthe opinions and opinions expressed herein do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your research

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