FX.co ★ #Litecoin chart analysis

#Litecoin H4 The asset's price is currently below the level 49.34 and the moving average is above the price, which supports the downside. So at the moment it may continue to fall, in which case the support at 44.18 is the target. I won't look below that for now because let that play out first. As for the upside, it's only a prospect if price is above resistance and also above the moving average, and only upon a confirmed close above the level. On the upside the target to note is resistance at 52.80 and we'll see further based on price action. All the best.