Market Cap:
$280.8B
BTC Dominance:
65.74%
btc:
$10343.00
eth:
$217.51
xrp:
$0.32
Advertise
Cryptocurrency

Litecoin price resumes downward trend below $125

OctaFx | Jun. 28, 2019
Litecoin price resumes downward trend below $125

28 June 2019, OctaFX – Litecoin price has started to turn bearish alongside the broader cryptocurrency market after falling below the key $125.00 level.

Litecoin price technical analysis

The four-hour time frame is also showing that the LTCUSD price has now broken under key trendline support. Weakness in LTCUSD price should be expected in the short and medium-term while the pair continues to trade below the pivotal $125.00 level.

  • LTCUSD price is only bullish while trading above the $125.00 level, key resistance is found at the $140.00 and $160.00 levels.

  • If LTCUSD price trades below the $125.00 level, key support is found at the $110.00 and $100.00 levels.

Disclaimer

This article was provided by OctaFX. It should NOT substitute for professional marketing consulting. Forex margin trading involves substantial risks. Forex margin trading exposes participants to risks including, but not limited to, changes in political conditions, economic factors, and other factors. All of which may substantially affect the price or availability of one or more foreign currencies.

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ Markets.com, nor should they be attributed to AtoZMarkets.