LiteCoin Price Analysis 2020 – LTC Update

LiteCoin Price Analysis 2020 – LTC Update

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Litecoin Analysis:

Key Support Levels: 242.70, 241.70, 241.34, 240.24

Key Resistance Levels: 244, 245, 246, 247, 248, 249.92

litecoin can hold on to the 42.75 support level here and can be pumped up to the same level 47, 49 USD resistance level again?

Buy Range: 242.80 – 244.20

Sell Targets

45.10 USD

46.20 USD

47.15 USD

49.21 USD

Stop Loss: 40.75 USD

Call Types: Short Terms

Call date: 7/21/2020

Note: Sale Buy Your Own Risk

More Details Litecoin

Litecoin (LTC) has been exchanging beneath both the moving midpoints for as long as hardly any days, which shows that the bulls are in no desperation to purchase at more significant levels. This could drag the cost to the basic help at $39.

The bears have not had the option to sink the eighth-positioned cryptographic money on CoinMarketCap underneath $39 for around three and a half months.

Be that as it may, the past bounce back off this help couldn’t mobilize to the head of the $39–$51 territory, which proposes shortcoming. A break underneath $39 will be a tremendous negative as that could drag the cost to $35 and afterward to $30.

This negative view will be nullified if the LTC/USD pair diverts up from the current levels and transcends the moving midpoints and the $46 obstruction. On the off chance that that occurs, a convention to $51 will be on the cards.

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