Litecoin LTC/USD is trading at 30.39 and continues to move as part of the fall. The capitalization of a digital asset at the time of publication of analytics is $1 848 705 509. This shows an increase compared with the previous value, which was at the level of $1 838 529 793.
LTC/USD quotes are trading below the lower limit of the Ichimoku Kinko Hyo Cloud. This indicates a downward trend. As part of the Litecoin Forecast and Analysis LTC/USD January 15, 2019. A test of the area of the Ichimoku Kinko Hyo signal lines is expected near the level of 32.00. Where should we expect a rebound and an attempt to continue the fall of LTC/USD with the goal below the level of 24.00.
Litecoin Forecast and Analysis LTC/USD January 15, 2019
An additional signal in favor of the fall of cryptocurrency Litecoin will be the test of the resistance area. As well as a rebound from the lower boundary of the rising channel. Earlier, a weak signal was received for SELL the Litecoin. The signal was formed due to the intersection of signal lines at the level of 37.00. The nearest resistance area is at 32.00. The LTC/USD support area is located at 27.50.
Abolishing the cryptocurrency fall option, Litecoin will break the upper boundary of the Ichimoku Kinko Hyo Cloud and close above 36.50. This option will indicate a change in the downward trend in favor of the upward trend and continued growth of cryptocurrency. LTC/USD quotes are expected to accelerate with the breakdown of the support area and closing below 27.50.
Litecoin Forecast and Analysis LTC/USD January 15, 2019 implies an attempt to correct cryptocurrency and a test of 32.00. Where can we expect the continuation of the fall of the Litecoin course with a potential target near the level of 24.00. The cancellation of the fall option will be a strong growth and a breakdown of the 36.50 area. That will indicate the continued growth of cryptocurrency with a potential target at the level of 42.50.