Litecoin (LTC/USD) weekly forecast on August 12 — 18, 2019 - Cryptonic News

Litecoin (LTC/USD) weekly forecast on August 12 — 18, 2019

Cryptocurrency Litecoin (LTC/USD) is trading at 89.80. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bullish trend on Litecoin. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator stripes.

Litecoin (LTC/USD) weekly forecast on August 12 — 18, 2019

As part of the Litecoin exchange rate forecast, a test of the level of 100.00 is expected. Where should we expect an attempt to continue the fall of LTC/USD and the further development of the downward trend. The purpose of this movement is the area near the level of 66.50. The conservative sales area for Litecoin is located near the upper border of the Bollinger Bands indicator strip at 102.50.

Litecoin (LTC/USD) weekly forecast on August 12 — 18, 2019

Cancellation of the option to continue the decline in the rate of Litecoin will be a breakdown of the upper border of the Bollinger Bands indicator stripes. As well as the moving avera

ge with a period of 55 and the closing of quotations of the pair above the area of ​​110.20. This will indicate a change in the current trend in favor of the bullish for LTC/USD. In case of breakdown of the lower border of the Bollinger Bands indicator bands, we should expect an acceleration in the fall of cryptocurrency.

Litecoin (LTC/USD) weekly forecast on August 12 — 18, 2019 implies a test of the level of 100.00. Further growth is expected to continue to the area above the level of 66.50. The conservative area for buying Litecoin is located area of 102.50. The cancellation of the cryptocurrency growth option will be the breakdown of the level of 110.20. In this case, we should expect the continuation of the fall.

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Litecoin (LTC/USD) weekly forecast on August 12 — 18, 2019 Litecoin (LTC/USD) weekly forecast on August 12 — 18, 2019 Reviewed by Staff Reporter on August 12, 2019 Rating: 5

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