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XAU/USD

Litecoin Price Prediction: The bears are in control

Litecoin's extreme downtrend could continue if the 42.50 level breaks.
Wave after wave is breaking on the downside and the bulls failed to break 50.00.

Rajan Dhall, MSTA FX Daily

LTC/USD Technical Analysis

Litecoin is still in a depressed state. The bears have come into control once again after 50.00 was rejected.

The next level on the downside that will give us clues is 42.50.

The RSI is also looking to move into an oversold zone.

22.17 is the next major long term level of support (can be seen on the weekly chart)

LTC/USD Additional Levels

LTC/USD

Overview
Today last price	45.3386
Today Daily Change	-2.2565
Today Daily Change %	-4.74
Today daily open	47.5951

Trends
Daily SMA20	52.8429
Daily SMA50	55.4214
Daily SMA100	60.6261
Daily SMA200	83.1739

Levels
Previous Daily High	48.5063
Previous Daily Low	45.619
Previous Weekly High	49.439
Previous Weekly Low	42.351
Previous Monthly High	66.2492
Previous Monthly Low	42.351
Daily Fibonacci 38.2%	47.4034
Daily Fibonacci 61.8%	46.722
Daily Pivot Point S1	45.974
Daily Pivot Point S2	44.3529
Daily Pivot Point S3	43.0867
Daily Pivot Point R1	48.8612
Daily Pivot Point R2	50.1274
Daily Pivot Point R3	51.7485

Author

Rajan Dhall, MSTA

FX Daily

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

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LTC/USD Technical Analysis

LTC/USD Additional Levels

LTC/USD

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