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FX.co ★ Technical Analysis of Daily Price Movement of Litecoin Cryptocurrency, Friday September 22, 2023.

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Crypto Analysis:::2023-09-22T04:03:33

Technical Analysis of Daily Price Movement of Litecoin Cryptocurrency, Friday September 22, 2023.

Technical Analysis of Daily Price Movement of Litecoin Cryptocurrency, Friday September 22, 2023.

With the appearance of Double Bottom Pattern which is also formed the deviation between its daily price movement, Litecoin Cryptocurrency with RSI indicator as well as above the WMA (20) which is also has the sloping upward give the clue that if in a few days ahead, Litecoin has the potential to test the level above its price which is currently on 68,94. If this level successfully broken upward and there is no downward correction which exceeded the level 57,30, then Litecoin has the potential to appreciate rally upside to the level 81,84 as the main target and level 92,72 as the next target to be aimed.

(Disclaimer)

Analyst InstaForex
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