FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin H4 The asset's price is currently below the 49.34 level, and the moving average is above the price, which supports the downside. So at the moment it may continue to decline, and in that case support at the 44.18 level would be the target. I won't look lower for now because let it play out first. As for the upside scenario, it would require prices to be above resistance and above the moving average, and only after a confirmed close above the level. On the upside, the resistance at 52.80 can be marked as the target, and we'll see further based on price action. All the best.