Lightcoin price forecast: transactions at LTC / USD prices valued at less than $ 200

Transactions with lightcoins prices were valued at less than $ 200 on August 22
LTC / USD’s financial registry shows that the price of crypto transactions is as low as $ 200, and long-term transactions fall below this mark. The cryptocurrency’s percentage is 4.68 and was trading at $ 188 at the time of writing. This probably means that there is something in the shelter that will then encourage upward movement.

Trades under $ 200: LTC trading
Key Levels:
Resistance levels : $ 200, $ 240, $ 280
Support levels: $ 160, $ 140, $ 120

LTC / USD – daily chart
The daily chart shows the price of LTC / USD falling by $ 200 for several trading sessions. With the crypto market having difficulty moving north, there Sunday seems to be a stable trading line just below that point. At this time, stochastic oscillators crossed lines north between 20 and 40, which seems to be the promise that a certain upward deceleration exists. The 14-day SMA trend line moved north to touch the 50-day SMA Trend line from the bottom. This also suggests that some purchasing power still dominates the Sunday to some extent.
Buy Lightcoin now, although it eventually fell north of $ 200, can the market support it if price trades lower its value now? If the LTC / USD price trades at a low price, a long bull candle, which tends to form against $ 200, may allow the establishment of new high trading areas. Deflection or consolidation of the price movement around the line will not benefit from the smooth upward movement of the cryptocurrency. looking at the current outlook for today’s candle, we hope that on a higher note the Bulls can move further north of the current selling point defined in the first paragraph.

On the other hand, first, the current readings of stochastic oscillators suggest that much is expected from the Bulls in the crypto Sunday, especially against T, to achieve further growth

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