FX.co ★ #Litecoin chart analysis

#Litecoin H1 At the moment the asset's price continues its upward direction and the moving average, as can be seen, is acting as support for now. I currently consider the resistance at 63.10 the target for this move, and in order to continue upward it is necessary to move above and at least hold above that level. The next target to the upside is the resistance at 66.82. A rejection from resistance with prices moving below the moving average would be a move toward support at 59.46. Below that level I don't think it makes sense to watch for now. We expect a test of resistance. Good luck to everyone.