Litecoin Intraday: as long as 52.9 is support look for 56.1
Litecoin (LTC/USD)
+0.21+0.39%
as long as 52.9 is support look for 56.1.
Our pivot point stands at 52.9.
Our preference: as long as 52.9 is support look for 56.1.
Alternative scenario: below 52.9, expect 51.6 and 50.9.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 53.8 and 53.7).
Supports and resistances:
56.9 *
56.1 **
55.4
53.9 last
52.9 **
51.6 *
50.9 **
Our preference: as long as 52.9 is support look for 56.1.
Alternative scenario: below 52.9, expect 51.6 and 50.9.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 53.8 and 53.7).
Supports and resistances:
56.9 *
56.1 **
55.4
53.9 last
52.9 **
51.6 *
50.9 **
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