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whispering
Dec 13, 2018 8:31 AM

Sideways trend for the upcoming days. 

Litecoin / United States DollarCoinbase

Description

Slightly above the current price, the SMA50 is limiting the gains at $24.00. Marginally above this level, the SMA100 will hinder growth at $24.58. In addition to that, the coin is stuck inside a tight resistance age with the upper limit at $25.00.

Indicators on the chart show that LTC will maintain the sideways trend in the upcoming few days. For instance, the MACD is holding tight to 0.0, although it more inclines to slide below into the negative region. The RSI was trending lower but has now become horizontal at 42%.
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