Litecoin (LTC) Daily Price Forecast – November 23

2018-11-23 09:25

LTC/USD Medium-term Trend: Bearish

Resistance Levels: $66, $68, $70
Support Levels: $30, $28, $26

Yesterday, November 22, the price of Litecoin was in a sideways trend. After the digital currency fell to the low of $33.36, the crypto's price was ranging below the exponential moving averages. On November 23, the bears broke the range bound movement and resumed their bearish movement.

Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. All the previously initiated long trades should be exited as the bears came back to resume their bearish movement

LTC/USD Short-term Trend: Bearish

On the 1-hour chart, the crypto's price is in a bearish trend. On November 23, the price of Litecoin was resisted by the 12-day EMA and price fell the low of $32 to commence a range bound movement. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish 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.

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Litecoin (LTC) на Currencies.ru

$ 83.91 (+0.42%)
Объем 24H $372.729m
Изменеия 24h: 0.16 %, 7d: -3.66 %
Cегодня L: $83.16 - H: $83.91
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november price levels litecoin trend ltc crypto

Источник: bitcoinexchangeguide.com

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