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Litecoin: ⬆️ Buy
– Litecoin reversed from long-term support level 47.10
– Likely to rise to resistance level 60.00
Litecoin cryptocurrency recently reversed from the powerful long-term support level 47.10 (which has been reversing the price from the end of 2022, as can be seen on the weekly Litecoin chart below).
The support zone near the support level 47.10 was further strengthened by the lower daily and weekly Bollinger Bands.
Given the strength of the support level 47.10 and the oversold weekly Stochastic, Litecoin cryptocurrency can be expected to rise to the next resistance level 60.00.
Source: https://fxpro.news
