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/ Ultima / 2019/01 / litecoin-LTC-price-analysis-January-15 /
Price analysis Litecoin (LTC) – January 15th
litecoin LTC-money-analysis-January-15
Litecoin chart according to Trading View
LTCUSD Medium-term trend: bullish
- Strength levels: $ 60, $ 65, $ 70
- Support levels: $ 30, $ 25, $ 20
Yesterday, the price of Litecoin was in the bearish trend zone, as the crypt had fallen to a minimum of $ 30. On January 14th the bulls failed to exceed the 12-day EMA and the EMA of 26 days. Today, the price of the crypto is countered by the 26-day EMA as the crypt is in a downward trend.
The price of Litecoin is lower than 12 days for EMA and 26 days for EMA, so there is a chance that the price will fall. The Stochastic indicator is located in the oversold region and below the 20% range, which indicates that the price of Litecoin has a strong downward impulse and is a sell signal.
LTCUSD Short-term trend: bullish
Litecoin chart according to Trading View
On the 4-chart, Litecoin's price is in a bearish trend zone. The Stochastic indicator is below the 80% range and is making a U-turn indicating that the price of Litecoin is in a bearish momentum and a sell signal.
The opinions and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your research.
