LTC/USD continue to move in the bearish channel. At the time of the publication of the forecast, the cost of Litecoin to the US Dollar is 77.74. At the moment, we should expect an attempt to grow and test the resistance level near the 80.05 area. Then a rebound and the continuation of the fall of cryptocurrency in the region below the level of 65.00.

Litecoin Technical Analysis April 14, 2019

In favor of lowering the LTC/USD quotes, a test of the downward trend line on the relative strength indicator (RSI) will come out. The second signal will be a rebound from the upper boundary of the downward channel. The abolition of the option of a fall in the Litecoin course on April 14, 2019 will be a strong growth and a breakdown of the level of 85.55. This will indicate a breakdown of the upper boundary of the downward channel and the continued growth of quotations of the digital asset LTC/USD in the area above the level of 95.00. Confirmation of the fall will make a breakdown of the support area and closing below 74.45.

Litecoin Technical Analysis April 14, 2019

Litecoin Technical Analysis April 14, 2019 involves an attempt to test the resistance level near the 80.05 area. Where should we expect a rebound and the continuation of the fall of the Litecoin course with a goal below the level of 65.00. An additional signal in favor of reducing will be a test of the trend line on the relative strength index (RSI). Cancellation of the fall option will be the breakdown of the resistance area and closing of quotes above the level of 85.55.