FX.co ★ #Litecoin chart analysis

#Litecoin H4 The asset's prices at this time are trading at support at the level 53.90 and the moving average is above the prices which exerts resistance to the upside and accordingly supports the downside sentiment of the prices. There is a possibility of the support being breached and in that case, if they can settle below the level. Then prices in such a situation can be expected at support at the level 50.00 and also possibly 48.13. The upside direction that may become promising is only above the level 57.12 and in the event that prices secure above the level. Resistance in that case to pay attention to is at the level 61.90. Wishing everyone well.