Crypto-currency market: Lightcoin keeps an uptrend

The LTC/USD pair, despite the general decline in the cryptocurrency market, continues to trade in a restrained uptrend, while maintaining an uptrend. With the fixing lightcoin above psychology 60.000, we can expect further growth to resistance levels of 64.000 and 67.000. Support is located at levels: 58.000 and 55.000, the lower boundary of the upward channel.

LTC/USD H4 chart. Current price – 58.000

Raed also: “Geopolitical risks as fundamental  factors of the market”

Andre Green

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