Price rises in the short term in sync with support line. Bulls pass first test of 200 DMA, what next? Litecoin, is among the few cryptocurrencies that has passed a critical test of the bull run wherein it has crossed past 200 days SMA, a key test for the resumption of bull market. Whether bulls can build on to it or not is the next big question staring at them. LTC/USD is up just about 0.2 percent on day at $48.95 in two percent range for the day while volatility is on the shrinking side. On the hourly chart of the coin, it is rising in support of an ascending trendline that has helped prices remain elevated and not fall much throughout the gone by week. While prices remain up in the short term, next big question facing the bulls is how to build on to the momentum after crossing past 200 days SMA. Perhaps 200 days EMA, sitting not far from the CMP – $50.543. LTC/USD 60-minute chart: LTC/USD daily chart: FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Bitcoin: About time to move FX Street 4 years Price rises in the short term in sync with support line. Bulls pass first test of 200 DMA, what next? Litecoin, is among the few cryptocurrencies that has passed a critical test of the bull run wherein it has crossed past 200 days SMA, a key test for the resumption of bull market. Whether bulls can build on to it or not is the next big question staring at them. LTC/USD is up just about 0.2 percent on day at $48.95 in two percent range for the day while volatility is on the shrinking side. On the hourly chart of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
