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22.03.202406:41 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Litecoin Cryptocurrency, Friday March 22 2024.

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With the appearance of deviations between the price movement of the Litecoin cryptocurrency on the 4-hour chart and the Stochastic Oscillator indicator and also confirmed by the price movement moving above WMA 20 which also has an upward slope, in the near future Litecoin has the potential to strengthen and test the level 89.96 and as long as there is no correction of weakness that breaks below level 81.01, Litecoin will continue its strengthening up to level 91.03 as the main target and if momentum and volatility support it, it is not impossible that Litecoin will continue its strengthening up to level 95.29.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

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