Litecoin Price Prediction for Today, October 31: LTC Faces a Resistance
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LTC Faces a Resistance – October 31 After a long-striving effort on the part of the LTC/USD market to surge upward in a rallying motion, the crypto currently faces resistance at a near distance above the $55 line. Price is trading around $54.60 at an average percentage rate of 1.35 negative. LTC Faces a Resistance: LTC Trade Key Levels: Resistance levels: $60, $65, $70 Support levels:$50, $45, $40 LTC/USD – Daily Chart The daily chart showcases the LTC/USD market faces resistance around the trend line of the bigger SMA. The 14-day SMA indicator is at $53.84, underneath the $56.83 value line of the 50-day SMA indicator. The bearish trend line drew alongside the bigger SMA to indicate the crypto economy is under a falling force. The Stochastic Oscillators have crossed southbound from a point above the 80 range line to place at 77.45 and 73.15 range values.
Will the LTC/USD market soon lose positi...