Litecoin is trading nearly 1% higher as crypto sentiment remains firm. The 55 Exponential Moving Average (EMA) has been used to great effect in the fast. LTC/USD daily chart Litecoin is having a good session on Thursday and trades almost 1% higher on the session. The main feature on the chart below is the fact that the price is heading toward the 55 EMA once again. Historically the price has reacted well and the EMA has been used as support and resistance many times. The MACD is also looking more positive and the histogram looks like it’s about to move above the zero line. The signal lines are also above the zero level which is also a bullish sign. The Relative Strength Index is also looking more positive as it has moved have the 50 mid-line and there is lots of space to move to the upside. Technically this is still a firm downtrend but we will need to see how far this correction can carry the pair. Additional levels 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 WH adviser Kudlow: Hong Kong may need to be treated same as China with regards to tariffs FX Street 3 years Litecoin is trading nearly 1% higher as crypto sentiment remains firm. The 55 Exponential Moving Average (EMA) has been used to great effect in the fast. LTC/USD daily chart Litecoin is having a good session on Thursday and trades almost 1% higher on the session. The main feature on the chart below is the fact that the price is heading toward the 55 EMA once again. Historically the price has reacted well and the EMA has been used as support and resistance many times. The MACD is also looking more positive and the histogram looks like it's about to move… 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.
