Litecoin widening gap between the 50-day SMA and the 100 SMA emphasizes the strong bears’ grip. Litecoin bulls must pull above the lock-step trading under $55 to gain momentum towards $60. Spot rate: $55.93 Relative change: +0.1486 Percentage change: 0.27% Trend: Bearish Support: $50 – $52 Resistance: $55 and $60 LTC/USD daily chart The Relative Strength Index (RSI) gradual movement north signals a relatively improving technical picture. Litecoin’s upward movement hampered by the Bollinger Band middle. LTC/USD four-hour chart Litecoin sustains upward movement from the recent low from around $51.19. The Simple Moving Average (SMA) currently at $54.45 is in line to offer support. LTC/USD one-hour chart Litecoin stays above the accelerated trendline while the main trend line will be useful later in the event losses press down towards $50. 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 USD/CHF climbs to multi-day tops, closer to 0.9900 handle FX Street 3 years Litecoin widening gap between the 50-day SMA and the 100 SMA emphasizes the strong bears' grip. Litecoin bulls must pull above the lock-step trading under $55 to gain momentum towards $60. Spot rate: $55.93 Relative change: +0.1486 Percentage change: 0.27% Trend: Bearish Support: $50 - $52 Resistance: $55 and $60 LTC/USD daily chart The Relative Strength Index (RSI) gradual movement north signals a relatively improving technical picture. Litecoin's upward movement hampered by the Bollinger Band middle. LTC/USD four-hour chart Litecoin sustains upward movement from the recent low from around $51.19. The Simple Moving Average (SMA) currently at $54.45 is in… 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.
