29.11.202406:48 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Litecoin Ethereum Cryptocurrency, Friday November 29, 2024.

Relevance up to 23:00 2024-11-29 UTC--5

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With the detection of hidden deviations between the price movement of the Litecoin cryptocurrency and the Stochastic Oscillator indicator on its 4-hour chart, as long as there is no significant weakening correction where Litecoin breaks through and closes below the 88.00 level, Litecoin has the potential to strengthen up to the 99.04 level. If this level is successfully broken and closes above it, Litecoin has the opportunity to continue strengthening to the 107.75 and 114.73 levels if the momentum and volatility support it.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

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