We had a potential breakout for Litecoin previously, with a retracement of less than 20%. We should have another rally above $7.4 but was failed due to the declining BTC price causing a sell pressure on LTC.
As of now needs to overcome this falling channel before it can breakout above $7 to $7.1 again.
* StochRSI is swinging to the bullish side.
* Relative Momentum Index is picking up
* RSI is bullish
Good chance that we 'might' see it within the next few hours since we are pretty close to the $6.805 support* unless that breaks too.
As of now needs to overcome this falling channel before it can breakout above $7 to $7.1 again.
* StochRSI is swinging to the bullish side.
* Relative Momentum Index is picking up
* RSI is bullish
Good chance that we 'might' see it within the next few hours since we are pretty close to the $6.805 support* unless that breaks too.