Crypto-currency market: lightcoin remains under pressure

The LTC/USD pair looks less oversold and keeps the downtrend against the background of a general decline in the crypto-currency market that makes it an excellent tool for sales. It confirms the spent bullish divergence. The LTC/USD sales zone is located in the range of 52.000-51.000. The strong resistance is the marks: 53.000 and 55.000. In turn, on the resumption of a downtrend, we can expect a test of support levels: 49.000 and 47.000.

LTC/USD chart. Current price – 52.500

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Dani Leviant

Earn with the help of the trade service on the news Erste News!

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