FX.co ★ #Litecoin chart analysis

#Litecoin H4 Well. Price tested the support at 66.82 and so far hasn't broken it and instead is moving slightly higher. But the thing is that above we have resistance from the moving average, and it could push prices down again, which would lead to a breakout of this support. A continuation of the downside would occur if prices consolidate below the level. In this situation, you can look at the support level 60.50 as the target. And a move from the current levels above the moving average would present upside potential, and as an option it's worth looking toward resistance74.80. Good luck to all.