The past few days were mostly bullish for Litecoin price as it moved above the $70.00 handle against the US Dollar. The LTC/USD pair is positioned well above the $72.00 level and the 100 simple moving average (2-hour).
The recent high was $75.82 (data feed via Kraken) from where the pair started a short-term correction. It moved below the 38.2% Fib retracement level of the last wave from $67.00 low to $75.82 high. However, the downside was protected by a crucial bullish trend line with current support at $72.00 on the 2-hour chart of LTC/USD.
Lees het hele artikel op Ethereumworldnews.
Reactie plaatsen
Reacties