Litecoin (LTC) Imasinthasintha Pamwamba Pa $51 Thandizo, Ikhoza Kuyesanso Kukaniza $60

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Mfundo zikuluzikulu
Litecoin faces resistance at $60 high
Ndalamayi ikuyenera kufika pamtengo winanso wa $65

Litecoin (LTC) Ziwerengero Zamakono
Mtengo wapano: $ 55.77
Ndalama Zamsika: $ 3,798,737,096
Vuto Lakusinthanitsa: $ 3,598,132,866

Madera akuluakulu: $ 70, $ 80, $ 90
Madera ofunikira kwambiri: $ 50, $ 30, $ 10

Litecoin (LTC) Mtengo Wowunika October 20, 2020
Litecoin has resumed upside momentum has price breaks above the $51 resistance. The rally reached the high of $60 but the bulls could not sustain the uptrend. In the interim, the coin is fluctuating between $55 and $60.

The next high will be at $65 if the bulls succeed in breaking the resistance at $60.The coin can as well fall if the bears break below the support at $55. In the meantime, there is a bullish signal as bulls recoup to retest the $60 resistance. The market will move up to a high of $65 once the current resistance is breached.

Kuwerenga kwa Litecoin (LTC) Kuwonetsa
With the recent price surge, the resistance line of the ascending channel has been broken. The previous trend must have given way to the bullish momentum. Presently, the coin is trading in the overbought region of the market but the stochastic bands are sloping downward. This indicates the previous price fall.

Kutsiliza
After the price retracement, there are bullish signals as the price resumes upward movement. According to the Fibonacci tool, the crypto will rise but will later reverse. The retraced candle body tested the 78.6% Fibonacci retracement level. This retracement indicates that LTC will rise to level 1.272 Fibonacci extensions l. In other words, the coin will reach $64.10 high.



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