Cryptocurrency Litecoin (LTC/USD) is trading at 76.11. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bullish trend on Litecoin. At the moment, cryptocurrency quotes are moving near the lower border of the Bollinger Bands indicator bands.
Litecoin (LTC/USD) weekly forecast on April 22 — 28, 2019
As part of the Litecoin course forecast, a test level of 68.50 is expected. Where can we expect an attempt to continue the growth of LTC/USD and the further development of the upward trend. The purpose of this movement is the area near the level 102.50. Litecoin conservative buying area is located near the lower border of the Bollinger Bands indicator at 68.00.
Cancellation of the option to continue the growth of the Litecoin exchange rate will be a breakdown of the lower limit of the Bollinger Bands indicator. As well as a moving average with a period of 55 and closing quotes pair below 60.20 area. This will indicate a change in the current trend in favor of the bearish for LTC/USD. In case of a breakdown of the upper border of the Bollinger Bands indicator bars, one should expect an acceleration of the fall of the cryptocurrency.
Litecoin (LTC/USD) weekly forecast on April 22 — 28, 2019 implies a test of the level of 68.50. Further, growth is continued to the region above the level of 102.50. The conservative area for buying Litecoin is located area of 68.00. The cancellation of the option of cryptocurrency growth will be the breakdown of the level of 60.20. In this case, we should expect the continuation of the fall.