THELOGICALINDIAN - Litecoin Price Key Highlights
Litecoin amount ability be aiming for the top of the block abreast the 3.400 mark, awaiting a auto in upside momentum.
The 100 SMA appears to be captivation as attrition for the time being, although it is still aloft the longer-term 200 SMA so the uptrend could break intact. In addition, litecoin amount is additionally blockage about a above concise abutment zone, which ability accommodate a few advertise orders.
Breaking accomplished that breadth could booty litecoin amount up to the top of the block but if it continues to authority as resistance, sellers ability adjudge to hop in and activate a downside breach of abutment at 3.150.
Stochastic is already affective bottomward from the overbought zone, which signals a accretion in affairs pressure. Meanwhile, RSI is starting to point down, additionally suggesting that added downside ability be seen.
In agreement of accident risks for the US dollar, alone the antecedent abandoned claims and absolute home sales letters are lined up today. Speeches from Fed admiral adumbration that the axial coffer ability still be able to bind budgetary action afore the end of the year and any affectionate of acceptance ability activation dollar strength.
Intraday abutment level – 3.150
Intraday attrition level – 3.250
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