LTC/USD is trending between $60 and $54 since 25th September. The market volatility has gone for a dive and has constricted dramatically. Following a bearish Tuesday, the bulls have taken control of the market. The price of BCH/USD fell from $57 to $54.65 yesterday and has since recovered to around $54.80. Over the last three weeks, BCH/USD is trending in a constricted range of $60 and $54. The hourly breakdown shows us that the price has intra-day support at $54.50, which it used to bounce up to $54.80. The immediate market resistance levels to overcome lie at the 20-day Simple Moving Average (SMA 20) curve and the $60-line. LTC/USD daily chart The market is trending below the SMA 20, SMA 50 and SMA 200 curves. The 20-day Bollinger width has dropped to 0.092, which indicates very low market volatility. The Relative Strength Index (RSI) indicator is trending at 39.30, right next to the oversold zone. The Elliott Oscillator has had a bullish session following two straight bearish sessions. 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 EUR/GBP technical analysis: 0.8685/95 becomes the level to beat for buyers FX Street 4 years LTC/USD is trending between $60 and $54 since 25th September. The market volatility has gone for a dive and has constricted dramatically. Following a bearish Tuesday, the bulls have taken control of the market. The price of BCH/USD fell from $57 to $54.65 yesterday and has since recovered to around $54.80. Over the last three weeks, BCH/USD is trending in a constricted range of $60 and $54. The hourly breakdown shows us that the price has intra-day support at $54.50, which it used to bounce up to $54.80. The immediate market resistance levels to overcome lie at the 20-day Simple… 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.
