FX.co ★ #Litecoin chart analysis

#Litecoin H1 At the moment the asset's price continues in an upward direction and the moving average, as can be seen, is acting as support for now. The target for this path I currently consider to be the resistance at 63.10 and in order to continue upward it is necessary to break above and at least hold above that level. The further target to the north 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. I don't think there is any point in looking below that level for now. We expect a test of the resistance. All the best to everyone.