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LTC/USD chart - Trading View
Exchange - Bitfinex
Support: 70.91 (50-DMA); Resistance: 77.21 (21-EMA)
Technical Analysis: Bias Neutral to slightly Bearish
- Litecoin has bounced off 50-DMA support at 70.91, weakness only on break below
- The pair trades 4.02% higher on the day at 74.63 at 1315 GMT
- Upside remains capped below 21-EMA and break above could see test of 20-DMA
- Technical indicators show a neutral to slightly bearish bias, but decisive break below 50-DMA required for further downside.
- Break below 50-DMA eyes 50% Fib at 60.98. Bearish invalidation above 20-DMA
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
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Crypto Technicals: LTC/USD holds 50-DMA support, break below required for further downside
Friday, April 26, 2019 1:24 PM UTC
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