FX.co ★ #Litecoin chart analysis

#Litecoin H4 After all this it's hard to decide and you can only watch and speculate from the sidelines. Right now the asset's price is at the support 55.33 and the moving average is also providing some support to the price. Therefore this could be an upward move toward the highs that have been drawn here. Resistance at 58.81 in that case can be considered the upside target. If the prices move below these supports, and of course afterwards are able to hold below, then in that case you can forget about the upside and look toward the support at 51.87. For now, of course, these are superficial thoughts. All the best to everyone.