The price of Litecoin (LTC) is in a downward correction as it has been stuck above $40 support. The cryptocurrency has been restricted below the 21-day line SMA. The altcoin’s upward movement is stalled below the 21-day line SMA.
Surely, Litecoin will fall back to the previous low of $40 as it faces rejection at the 21-day line SMA. Since June 19, the bulls have been desperately trying to break above the recent high. LTC/USD is trading at $54.25 at the time of writing.
ការវិភាគសូចនាករ Litecoin
Litecoin has fallen to level 45 on the Relative Strength Index for the 14 period. The price of LTC is in a downtrend and is in a position to fall as it faces rejection at the 21-day line SMA. The 21-day line SMA is the resistance line for the price bars. Litecoin is above the 40% area of the daily stochastic. This indicates that the market is in a bullish momentum. The 21-day line SMA and the 50-day line SMA are down, indicating a downtrend.
សូចនាករបច្ចេកទេស:
កំរិតតស៊ូ៖ ៨០០០ ដុល្លារ ៨,២០០ ដុល្លារ ៨,៤០០ ដុល្លារ
កំរិតគាំទ្រ៖ ៤២០០ ដុល្លារ ៤,០០០ ដុល្លារ ៣,៨០០ ដុល្លារ
តើអ្វីទៅជាការផ្លាស់ប្តូរបន្ទាប់សម្រាប់ Litecoin?
Litecoin could continue its downward movement as it faces rejection at the recent high. Buyers could not overcome the resistance at $52. The resistance at $52 was the previous low on May 12. The cryptocurrency will retrace and reach the current price low of $40 again.
ការបដិសេធ។ ការវិភាគនិងការព្យាករណ៍នេះគឺជាគំនិតផ្ទាល់ខ្លួនរបស់អ្នកនិពន្ធហើយមិនមែនជាអនុសាសន៍ក្នុងការទិញឬលក់គ្រីបគ្រីមៀរហើយមិនគួរត្រូវបានចាត់ទុកជាការយល់ព្រមរបស់ខូនអាយដុលទេ។ អ្នកអានគួរធ្វើការស្រាវជ្រាវដោយខ្លួនឯងមុនពេលវិនិយោគមូលនិធិ។
Source: https://coinidol.com/litecoin-reaches-bullish-exhaustion/