Litecoin (LTC) Daily Price Forecast – November 9

2018-11-9 09:04

LTC/USD Medium-term Trend: Bearish

Resistance Levels: $66, $68, $70
Support Levels: $50, $48, $46

Yesterday, November 8, the price of Litecoin was in a bearish trend. On November 7, the digital currency had been in a downward trend since the crypto's price was resisted. The crypto's price was resisted because price of Litecoin faced resistance at the $60 price level. A bearish trend line is drawn to determine the continuity of the bearish trend.

A bearish trend is ongoing as long as the bearish trend line is not broken. If price breaks the trend line and the following candlestick closes above it; the bearish trend is said to be terminated. For now, the bearish trend is ongoing. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the price of Litecoin is below 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

LTC/USD Short-term Trend: Bearish

On the 1-hour chart, the digital currency is in a bearish trend. The crypto’s price is below the 12-day EMA and  the 26-day EMA indicating that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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Litecoin (LTC) на Currencies.ru

$ 84.2 (-0.72%)
Объем 24H $378.553m
Изменеия 24h: 0.76 %, 7d: 0.97 %
Cегодня L: $82.04 - H: $85.41
Капитализация $6.281b Rank 20
Цена в час новости $ 51.12 (64.71%)

price november trend litecoin crypto resistance levels

Источник: bitcoinexchangeguide.com

price november → Результатов: 117


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