FX.co ★ #Litecoin chart analysis

#Litecoin H1 At the moment the asset's quotes continue northward and the moving average, as you can see, is acting as support for now. I currently consider the resistance at 63.10 the target of this move, and to continue upward it is necessary to break above and at least hold above that level. The next northern target is the resistance at 66.82. A rejection from resistance with prices moving below the moving average would mean a move toward support at 59.46. I don't think it makes sense to look below that level for now. We expect a test of resistance. All the best to everyone.