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.
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