LTC/USD: Buyers edge out sellers as market shows bullish tendencies
|LTC/USD daily chart
- LTC/USD is currently priced at $46.
- LTC/USD daily market is trending above the 200-day simple moving average (SMA 200) curve
- The relative strength index(RSI) curve is trending around the neutral zone.
LTC/USD 4-hour chart
- The LTC/USD 4-hour chart’s moving average convergence/divergence (MACD) histogram shows growing bullish momentum.
LTC/USD hourly chart
- The 20-day Bollinger band shows that the last two sessions are trending below the SMA 20 curve. This indicates bearish behavior.
- The SMA 20 curve had already crossed over the SMA 50 curve which indicates a buy signal.
Key Levels
- Resistance 3: $49.1314
- Resistance 2: $47.4334
- Resistance 1: $46.4136
- Pivot Point: $44.7156
- Support 1: $43.6958
- Support 2: $41.9978
- Support 3: $40.9779
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.