Litecoin (LTC/USD) weekly forecast on March 18 — 24, 2019

Cryptocurrency Litecoin (LTC/USD) is trading at 60.37. 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 upper border of the Bollinger Bands indicator.

Litecoin (LTC/USD) weekly forecast on March 18 — 24, 2019

As part of the Litecoin course forecast, a test level of 55.20 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 of 72.10. The conservative Litecoin buying area is located near the lower border of the Bollinger Bands indicator bars at 42.00.

Litecoin (LTC/USD) weekly forecast on March 18 — 24, 2019

Cancellation of the option to continue the growth of the Litecoin exchange rate will be the 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 40.50. 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 bands, one should expect an acceleration of the fall of the cryptocurrency.

Litecoin (LTC/USD) weekly forecast on March 18 — 24, 2019 suggests a test level of 55.20. Further, growth is continued to the region above the level of 72.10. The conservative area for buying Litecoin is located area of 42.00. The cancellation of the option of cryptocurrency growth will be the breakdown of the level of 40.50. In this case, we should expect the continuation of the fall.


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