FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin H4 Here, of course, after that it's hard to make a call, and at best you can watch and speculate from the sidelines. Currently the asset's price is at support 55.33 and the moving average is also providing a bit of support to the price. That means this could be an upside move toward the highs that have been drawn here. Resistance at 58.81 in that case can be considered the upside target. If the price drops below these supports — and, of course, manages to stay below them — then in that case we can forget about the upside and look toward the support at 51.87. For now these are, of course, superficial thoughts. All the best.