LTC/USD has gone down from $99 to $97.75 in the early hours of Friday. Moving average convergence divergence (MACD) shows sustained bullish momentum despite bearish price action. LTC/USD daily chart LTC/USD has had a bearish start to the day after the price fell from $99 to $97.75 in the early hours of Friday. The price is trending below the 50-day simple moving average (SMA 50 curve, while it is above the SMA 20 and SMA 200 curves. The moving average convergence divergence (MACD) shows sustained bullish momentum despite bearish price action. LTC/USD 4-hour chart The 4-hour price broke up from the green Ichimoku cloud before the bears dipped it back inside the red Ichimoku cloud. The price initially found support on the upward trending line, before the bears broke through it. The relative strength index (RSI) indicator shows is creeping right along the overbought zone. LTC/USD hourly chart The hourly price is currently trending in the lower half of the 20-day Bollinger band and below the SMA 20 curve. The price is also trending below the SMA 200 and SMA 50 curves. The Elliot oscillator has had five straight bearish sessions. Key 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 Asian stocks in a sea of red due to trade tensions FX Street 4 years LTC/USD has gone down from $99 to $97.75 in the early hours of Friday. Moving average convergence divergence (MACD) shows sustained bullish momentum despite bearish price action. LTC/USD daily chart LTC/USD has had a bearish start to the day after the price fell from $99 to $97.75 in the early hours of Friday. The price is trending below the 50-day simple moving average (SMA 50 curve, while it is above the SMA 20 and SMA 200 curves. The moving average convergence divergence (MACD) shows sustained bullish momentum despite bearish price action. LTC/USD 4-hour chart The 4-hour price broke up from… 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.
