Lightcoin price forecast: LTC / USD falls below $ 140

Price forecast Lightcoin-July 29
The price of Litecoin falls below the upper limit of the channel as the price of the cryptocurrency fluctuates sideways.
LTC / USD key Sunday levels:
Resistance levels : $ 165,$ 175, $ 185
Support levels: $ 115, $ 105, $ 95
LTCUSD-buy daily chart Lightcoin now LTC / USD continues to maintain the support level of $ 170 as the price fluctuates around $ 173. The price of Lightcoin is now moving below the upper limit of the channel, and the relative strength Index (14) Technical Indicator shows lateral movement. Because the Technical Indicator can drive the price upward, the 9-day moving average exceeds the 21-day moving average.
Lightcoin Price Forecast: Can Lightcoin Price Jump Higher? Looking at the daily chart, the price of lightcoin still shows a strong downward trend in the long term, but the short-term outlook is still limited by December. However, the upward trend above the upper limit of the channel can move the next key resistance upward at$ 165, $175 and $ 185. Moreover, traders may encounter small pitfalls before the rally begins.
Following the ongoing move, the price of Lightcoin recently hit a daily low of $ 136.63, before rising slightly to the level it is now hand-to-hand at $ 139.44. So further rallies will take place at the resistance level of $ 145, and as we can see from the daily price chart, trading volume has been sharply higher in recent days, suggesting that bulls may dominate the Sunday. However, the price of lightcoin, which will cross the channel above, could be a potential resistance at$ 165, $175 and $185, respectively.
Compared to Bitcoin, LTC / BTC starts to move in a completely different way as sellers try to lower their 9-day and 21-day moving averages. The market price is currently moving towards the upper limit of the channel, as the technical indicator relative strength index (14) returns the surplus

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