FX.co ★ #Litecoin chart analysis

#Litecoin H4 After this it is, of course, hard to decide and you can only watch from the sidelines and speculate. Currently the asset's price is at the support 55.33 and the moving average is also providing some support to the price. So this could be an upward move toward the highs that were drawn here. Resistance at 58.81 can in that case be considered the target of the upward move. A drop of prices below these supports, if of course they are able to consolidate below afterwards, then in that case you can already forget about the upward move and look toward the support at 51.87. For now these are, of course, superficial thoughts. All the best to everyone.