Litecoin (LTC/USD) Seemingly Sets on a Price Recovery Move
Litecoin Price Prediction – May 18
After a heavy downward correctional movement, the LTC/USD market now appears to have begun a recovery move as price makes a pull-up from a low support level of $260 to currently trade at around $298 level with about a 6.10% increase.
LTC/USD Market
Key Levels:
Resistance levels: $320, $360, $400
Support levels: $260, $240, $220
The LTC/USD recent market’s downward correctional movement had at last witnessed a southbound break of the smaller SMA during yesterday’s trading operations. But, today, being the subsequent day’s session has been seeing a promising rebounding move up back to the SMA trend-line. The bullish trend-line drew to indicate a support level at $280 below the 14-day SMA trend-line that is located around the...
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