FX.co ★ #Litecoin chart analysis

#Litecoin H4 The asset's price at the moment is below the level 49.34 and the moving average is above the prices, which supports the southward path. So at the moment they may continue to fall and in that case the support at 44.18 is the target of the move. I won't look lower for now because I want those levels to be tested first. As for the north (upside) as a prospect, it is essentially above resistance as well as above the moving average and only upon prices actually establishing above the level. On the upside the target can be noted as the resistance at 52.80 and we'll see further based on what happens. All the best.