FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin Н1

Litecoin quotes are currently trading at the support level of 81.71, however, the moving average is above the quotes, acting as resistance. This fact could potentially push the quotes back southwards, not far from breaking the support. In this case, it might be worth waiting for the consolidation below the level for a more accurate forecast indicating a continuation of the southern direction. As for the north, breaking above the moving average could lead the quotes towards the resistance at 84.11. Further analysis is not considered at this point.