Litecoin (LTC) has resumed its upward trend after falling to a low of $72.
LTC price long-term prediction: bullish 
On the 4-hour chart, the price bars are positioned above the horizontal moving average lines. LTC prices will rise as long as the price bars remain above the moving average lines.
Technical IndicatorsResistance Levels: $100, $120, $140
Support Levels: $60, $40, $20
What is the next move for Litecoin?The Litecoin price has resumed its upward trend, breaking above the moving average lines. Bullish momentum peaked at $82.85 before being rejected. The altcoin is now declining and may be forced to trade within a range above the moving average lines on the 4-hour chart. Currently, the fall has stalled while remaining above the moving average lines.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
