the 12-day EMA and the 26-day EMA, the downward trend will resume. From the weekly chart, the exponential moving averages are trending southward and the candlesticks are all bearish. Author: Dalmas N Litecoin (LTC) Daily Price Forecast: August 3, 2018 LTC/USD Medium-term Trend: Bearish Resistance Levels: 78, 80, 82 Support Levels: 76, 74, 72 Yesterday, August 2nd, the LTC price was still in a bearish trend. Bitcoin difficulty is an estimate about how difficult it is to mine (find) a new bitcoin block. It would be ideal for LTC traders to wait for clean cuts and breaks below Sep lows at around. On the downside, the bears had attempted to break the 23 price level without success. Today, the cryptos price was further depreciated to the low. The digital currency encountered a bearish pressure because the upper level of 60 is the resistance level of price range. The concrete value for the bitcoin difficulty is derived from the target. However, the bulls made a bullish movement attempting to break the 12-day EMA and the 26-day EMA. For instance, the price of Litecoin was trading.26 on June 25 and it fell to its low.27.
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Each time the crypto made a bullish movement to the EMAs, it will be resisted by the 12-day EMA. From the chart, the macd line and the signal line are above the zero line which indicates a buy signal. Like TokenPay, Litecoin Foundation couldnt find a willing bank swiss geld verdienen to open an account with and so they decided to buy a bank instead. The bearish trend commenced from the high.90.08. The bearish candlesticks broke the 12-day EMA and the 26-day EMA to the low.17.
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