Litecoin LTC/USD is trading at 52. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. Expected to test the upper boundary of the Cloud of the indicator near level 50, from which it is expected to rebound and continue the growth of LTC/USD with a target above the level of 65. An additional signal in favor of continuing the growth of the cryptocurrency will be a breakdown of the resistance level.
Litecoin prediction & analysis LTC/USD on September 28, 2017
Earlier, a weak strength signal was obtained for buy Litecoin cryptocurrency, by crossing the signal lines at level 48. Canceling the Litecoin growth option would be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 45, which would indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of level 54.