Litecoin (LTC) forecast for 2020-06-09

Analysis for 2020-06-09

Litecoin (LTC) The test of the broken trend line on the relative strength index (RSI) will be in favor of the fall in LTC/USD quotes. As well as a rebound from the upper limit of the bearish channel. Cancellation of the option to reduce the cryptocurrency will be a strong growth and the breakdown of the 110 area. This will indicate the breakdown of the resistance area and the continuation of the growth of the cryptocurrency rate. With the breakdown of the support level and closing of quotes below the region of 65.05, we should expect confirmation of the development of a downward trend in Litecoin.
Litecoin (LTC)

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