Litecoin price reaches the target – Analysis - 15-11-2018

Economies.com
2018-11-15 05:14AM UTC

Litecoin price suffered sharp losses yesterday to succeed reaching our main waited target at 40.00, and we expect the continuation of the bearish bias in the upcoming sessions supported by the negative pressure formed by the EMA50, to extend the next target towards 33.30.

 

We should note that failing to surpass 40.00 might push trades to test 50.00 followed by 54.30 areas before any new attempt to decline.

 

Expected trading range for today is between 35.00 support and 45.00 resistance

Expected trend for today: Bearish

Cryptocurrency Technical Analysis

Crypto News

Cryptocurrency

Bitcoin moves in a negative zone amid a sudden drop in exchange funds investments
2024-04-25 12:11PM UTC
Bitcoin fell on Thursday, extending losses for the third straight session and moving away from ...
Crypto News

Cryptocurrency

Ethereum tumbles by 2% as risk appetite softens
2024-04-24 20:52PM UTC
Most cryptocurrencies declined on Wednesday amid a weakening risk appetite ahead of important US ...
Crypto News

Cryptocurrency

Bitcoin rushes to week high as the halving event wraps up
2024-04-22 12:33PM UTC
Bitcoin rose on Monday to a week high above $66 thousand as the halving event ended officially with ...

Cryptocurrency Technical Analysis

Crypto Analysis

Cryptocurrency

Ethereum price (ETHUSD) tests the support base – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Ethereum (ETHUSD) Price Analysis Ethereum price (ETHUSD) faces negative pressure to test the ...
Crypto Analysis

Cryptocurrency

Bitcoin price (BTCUSD) breaks the support – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Bitcoin (BTCUSD) Price Analysis Bitcoin price (BTCUSD) faced clear negative pressure yesterday ...
Crypto Analysis

Cryptocurrency

Ethereum price (ETHUSD) needs strong positive motive – Forecast today - 24-04-2024
2024-04-25 03:55AM UTC
Ethereum Price (ETHUSD) Expected Scenario Ethereum price (ETHUSD) shows calm positive ...