FX.co ★ #Litecoin chart analysis

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