Litecoin defends s $50 support but movement north fails to break above $60 resistance zone. Litecoin stays between the 50 SMA on the one-hour chart resistance and the 100 SMA support. Spot rate: $57.047 Relative change: +0.4055 Resistance: $60 and $80 Support: $55 and $50 LTC/USD daily chart Litecoin is bullish according to the upward trend Relative Strength Index (RSI). LTC/USD must break above the resistance at $60 for an upward correction to the supply zone at $80. LTC/USD 240′ chart Litecoin stays above the 100 Simple Moving Average (SMA) support giving way for a bullish trend towards $60. $55 is coming count as key support likely to give way for higher movement in the near-term. Besides the RSI is holding ground above 50. LTC/USD 60’chart Litecoin immediate upside hindered by the descending trendline resistance. A break above the short-term trendline is likely to give LTC a boost towards $60. 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 SEC, CFTC and FinCEN issue a joint statement for crypto industry participants FX Street 4 years Litecoin defends s $50 support but movement north fails to break above $60 resistance zone. Litecoin stays between the 50 SMA on the one-hour chart resistance and the 100 SMA support. Spot rate: $57.047 Relative change: +0.4055 Resistance: $60 and $80 Support: $55 and $50 LTC/USD daily chart Litecoin is bullish according to the upward trend Relative Strength Index (RSI). LTC/USD must break above the resistance at $60 for an upward correction to the supply zone at $80. LTC/USD 240' chart Litecoin stays above the 100 Simple Moving Average (SMA) support giving way for a bullish trend towards $60. $55… 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.
