The Merkle: Litecoin Price Analysis for January, 14th – LTC Heading Upwards Featured
The LTC cryptocurrency preserves the impulse of growth formed at the beginning of the month. On Tuesday morning, January 14th, the LTC is generally trading at $53.46. On D1, after a convergence on the MACD, the quotations have started to rise, breaking out the resistance line of the descending channel. This signifies the beginning of a correctional trend of growth. The first aim of such growth is at 23.6% ($61.53) Fibo, later they may grow to 38.2% ($77.62) and 50.0% ($90.44). A breakout of the current minimum of $35.82 will signal the continuation of the decline with the aim at
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