Crypto Screener Forums Litecoin (LTC) Forcast – Technical Analysis Litecoin (LTC) Forecasts – March 2018

This topic contains 1 reply, has 2 voices, and was last updated by margincall margincall 11 months, 3 weeks ago.

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  • #1645
    CheesePuff
    CheesePuff
    Moderator

    This is the thread for analysis on the Litecoin markets for the month of March 2018.

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  • #1687
    margincall
    margincall
    Keymaster

    Quick update on the Litecoin markets.

    Litecoin forecast 6 March 2018

    The Litecoin hype has slowly been dying and we can see that the trading volume is dried up.

    In these situation we are usually faced with a break upwards or downwards, prices are coiling tighter as the market decides on a direction.

    If there is no buying volume prices are most likely going to retest the $200 zone, which is also our short term support for the market.

    RSI and PPO are both hinting towards the bearish side and we should have confirmation soon enough.

    I am neutral on the Litecoin markets, might consider to go long should prices consolidate above $230 on the near term.

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