- Litecoin reversed from key support level 92.65
- Likely to rise to resistance level 100,00
Litecoin cryptocurrency recently reversed from the key support level 92.65 (which stopped the previous minor correction (2) earlier in May).
The support level 92.65 was strengthened by the 50% Fibonacci correction of the previous upward impulse 5 from the start of May.
Litecoin cryptocurrency can be expected to rise to the next round resistance level 100,00, which stopped the previous correction B.
- Likely to rise to resistance level 100,00
Litecoin cryptocurrency recently reversed from the key support level 92.65 (which stopped the previous minor correction (2) earlier in May).
The support level 92.65 was strengthened by the 50% Fibonacci correction of the previous upward impulse 5 from the start of May.
Litecoin cryptocurrency can be expected to rise to the next round resistance level 100,00, which stopped the previous correction B.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.