FX.co ★ #Litecoin chart analysis

#Litecoin H4 The asset's quotes are currently below the level 49.34 and the moving average is above the price, which favors the downward path. So at the moment they may continue to fall, and in that case the support at 44.18 is the target. I won't look lower for now because let that be worked out first. As for the upside as a prospect, it essentially requires being above resistance as well as above the moving average, and only upon a confirmed close above the level. The upside target can be noted as the resistance at 52.80 and then we'll see how it plays out. All the best.