FX.co ★ #Litecoin chart analysis

#Litecoin H4 After that it's, of course, hard to make a decision, and at best you can watch from the sidelines and speculate. Currently the asset's price is at support 55.33 and the moving average is also providing some support to the price. So this could be an upside move toward the highs that have been drawn here. Resistance at 58.81 can in that case be considered the target of the upside. If prices move below these supports — if, of course, they can then hold below — then in that case we can forget about the upside and look toward support at 51.87. For now, these are, of course, superficial thoughts. All the best to everyone.