LTC/USD Medium-term Trend: Bullish
- Resistance Levels: $66, $68, $70
- Support Levels: $40, $38, $36
Yesterday, March 5, the price of Litecoin was in a bullish trend zone. The bulls continued to trend higher as the crypto’s price reached a high of $56.60. The bulls have earlier overcome the resistance at the $50 price level as the crypto’s price trends higher. On the upside, if the crypto’s price is sustained above the EMAs, the price of Litecoin is expected at the $70 price level.
On the downside, if price breaks below the 12-day EMA and the 26-day EMA, the crypto is likely to resume a downward trend. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is above the EMAs which indicate that price is in the bullish trend zone.
LTC/USD Short-term Trend: Bullish
On the 1-hour chart, the price of Litecoin is in the bullish trend zone. The 12-day EMA and the 26-day EMA are trending northward indicating the bullish trend. The crypto’s price is trading at $58 as at the time of writing.
The crypto’s price is above the EMAs which indicate that price will continue to rise. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The LTC price is above the EMAs which indicate that price is in the bullish trend zone.
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
Source: https://bitcoinexchangeguide.com
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07-03-2019, 11:33 AM #1
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Litecoin (LTC) Daily Price Forecast – March 7
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09-03-2019, 07:20 AM #2
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We are no longer in an era of physical earning stage. Rather, various online income producing platforms have become well admired among people today. In the forex market, the largest online earning platform, along with real currencies traders can even trade various crypto currencies today. With the digitization of monetary standard, various digital currencies like Lite-coin, Bit-coin, Zcash, Dash, etc. have become well admired among the traders as investment sectors.
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18-03-2019, 06:48 PM #3
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Basically, you want a forex broker you can trust to handle your money and your trades in forex trading so that you can get on with the business of trading forex without worries. I invested my money on BPRIMES broker which is enough trustworthy. They offer a basic account of what is suited for beginners who are at the start of their trading journeys. I am enjoying trade with lowest and tightest spreads, no additional or hidden commission and guaranteed stop losses.
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