Litecoin price must break above the 50-day SMA in order to focus on levels above $70. The path of resistance is to the downside; the 50 SMA on the hourly chart is in line to offer the much-need support. Spot rate: $54.57 Relative change: -0.4196 Percentage change: -0.76% Trend: Bearish Volatility: High LTC/USD daily chart Litecoin movement have been limited within a narrow range between $50 and $60 for almost three weeks. The upside is also limited by a four-months long descending trendline. LTC/USD 240-minutes chart Litecoin retreats after hitting a dead-end at $55 after the recovery staged on Thursday. The Bollinger Band four-hour middle curve currently offers support amid shrinking volatility. LTC/USD 60′ chart Litecoin breaks below a short-term ascending trendline as the bears grab back the joystick. The dropping RSI suggests that the sellers’ grip on the price is growing stronger. 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 Deal or no deal? – Westpac FX Street 3 years Litecoin price must break above the 50-day SMA in order to focus on levels above $70. The path of resistance is to the downside; the 50 SMA on the hourly chart is in line to offer the much-need support. Spot rate: $54.57 Relative change: -0.4196 Percentage change: -0.76% Trend: Bearish Volatility: High LTC/USD daily chart Litecoin movement have been limited within a narrow range between $50 and $60 for almost three weeks. The upside is also limited by a four-months long descending trendline. LTC/USD 240-minutes chart Litecoin retreats after hitting a dead-end at $55 after the recovery staged on Thursday.… 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.
