FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin H4 The prices of the asset at this time are trading at the support level 53.90 and the moving average is above the prices, which exerts resistance to the upside and accordingly supports a bearish bias in the prices. There is a possibility of the support being overcome and in that case, if they manage to settle below the level. Then the prices in such a situation can be expected at the support level 50.00 and also possibly at 48.13. The northern direction that could become promising is only above the level 57.12 and in the event that the prices manage to settle above the level. Resistance in that case to take into account is at the level 61.90. All the best.