I-Litecoin (LTC) Isenokuntywila ngezantsi kweedola ezingama-51 njengeeBulls kunye neeBars Tussle zokuThengwa kweXabiso

UAzeez Mustapha

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£89

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£129

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EziPhambili
Litecoin plunges to $51 low and corrected upward
LTC risks further downward move as price reaches overbought region

I-Litecoin (LTC) Izibalo zangoku
Ixabiso langoku: $ 52.49
Intengo yeNtengiso: $ 3,453,939,467
Umthamo wokuThengisa: $ 2,849,880,504
Iindawo ezinkulu zokubonelela: $ 70, $ 80, $ 90
Iindawo ezifuna kakhulu: $ 50, $ 30, $ 10

Litecoin (LTC) Uhlalutyo lwamaxabiso ngoNovemba 3, 2020
Litecoin has been on a downward move. Today, the bearish impulse reached a low of $51 and corrected upward. Presently, it is facing another rejection at the $53 high. There is a likelihood of a further downward move.

On the downside, if price retraces and breaks below the $51 support, the market will drop to $46 or $47 support. The coin will resume an uptrend if the price finds support above $51. The $51 support is where the coin resumes upside momentum.

I-LTC / i-USD - Itshati yemihla ngemihla

I-Litecoin (LTC) iZalathi zoBuchule zokuFunda
The coin is below the 60% range of the daily stochastic. It indicates that it is in the bearish momentum. The selling pressure of the coin will persist once the price breaks below the SMAs. The coin is at level 50 of the Relative Strength Index period 14. It indicates that there is a balance between supply and demand.

I-LTC / i-USD - Itshati yemihla ngemihla

isiphelo
Litecoin is likely to further decline as price retests the $56 high. On October 30 downtrend; a retraced candle body tested the 61.8% Fibonacci Retracement level. This indicates that the market will further depreciate to level 1.618 Fibonacci extensions or $47 low.


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UAzeez Mustapha

U-Azeez Mustapha yingcali kwezorhwebo, umhlalutyi wemali, umhleli weempawu, kunye nomphathi wezezimali ngaphezulu kweminyaka elishumi yamava kwicandelo lezemali. Njengombhali webhlog kunye nombhali wezemali, unceda abatyali mali baqonde iikhonsepthi ezintsonkothileyo zemali, ukuphucula izakhono zabo zotyalo-mali, kunye nokufunda ukulawula imali yabo.

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