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Litecoin Price Prediction: LTC/USD Slides Below $58

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Litecoin Price Prediction: LTC/USD Slides Below $58

Earlier today, after hitting a daily high of $ 59.35, the LTC / USD pair was seen after a 9-day high and a 21-day moving average. However, Litecoin (LTC) can be upgraded in the last hours of the day; day traders can expect a positive end. But so far, many of the biggest cryptocurrencies are under a lot of pressure to look south.

What do we expect from Bitcoin (BTC)?

Litecoin is close to a comeback if it drops below the $ 41 grant. It should be over $ 55. If traders push Litecoin into the above support name due to time constraints, clients can expect additional support of $ 53, followed by additional support price of $ 52, $ 50, and 48. USD at 9 and 21 days of walking.

The upside resistance is over $ 60 and $ 62 above the moving average, stability is $ 65, 67 and 69. The high volume, which may be bad news for investors, suggests that investors may return to the market. . What is happening is that the network has to go back to where it has done nothing to verify it.

Along with BTC, LTC will continue its current downtrend as the currency explodes with strong support at 4400 SAT and has remained below 4300 SAT. .

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