LTCUSD Swings in Range

LTCUSD CHART PRICE – LTCUSD DAILY

Litecoin has been very calm lately, but the movements are still significant in relation to its price, today it lost 1.35% and it maintains its trend, trading in the same range it has been for the last 15 session, the Relative strength index is at 41% at this point the price could go anywhere, its hard to make a prediction in current conditions, the overall trend is still a downtrend according to the moving averages and the position of our ichimoku cloud, the RSI is lower compared to previous day however I cannot make a prediction at this point based on technical analysis since the price has been moving sideways for a while now.

This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.