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FX.co ★ Litecoin to test 45.98 level, July 08, 2020

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Forex Analysis:::2020-07-08T04:50:20

Litecoin to test 45.98 level, July 08, 2020

Litecoin to test 45.98 level, July 08, 2020

There is a hidden divergence on the 4-hour chart between the Litecoin price with the Stochastic Oscillator. From this technical point of view, Litecoin has a chance to test the 45.98 level and if the bullish momentum is strong enough then 46.88 will be the next target. This scenario will be canceled if Litecoin drops and closes bellow the 42.77 level.

(Disclaimer)

Analyst InstaForex
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