Litecoin in an uptrend to rise to 110 dollars

 

In the last weeks, since the purchase signal, produced last February 2, (1), the Litecoin cryptocurrency (LTC) has been on the rise and has been a new uptrend in the daily charts (2).


Chart LTCUSD, D1, 2019.05.11 19:31 UTC, Distel Enterprises Co, MetaTrader 4, Real

The trend is easier than ever before the price can continue to climb to the mark of at least $ 113 in the next sessions.

The volume of operations has increased. The MACD indicator begins to offer long-term results signals, in litcoins, against the dollar.

Litecoin has boosted resistance up to $ 90.44.

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Date of forecast: 05/11/2019