FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin H4 The asset's prices are currently trading at support at 53.90 and the moving average is above the prices, which provides resistance to the upside and therefore supports a bearish bias in the prices. There is a possibility of the support being overcome and in that case, if they can consolidate below the level. Then prices in such a situation can be expected at support at 50.00 and also possibly at 48.13. The upside direction that may become promising is only above the level 57.12 and in the event that prices consolidate above the level. The resistance in that case to watch is at 61.90. All the best to everyone.