Litecoin Price Analysis 17th April: LTC/USD

Litecoin Price Analysis 17th April: LTC/USD

LTC/USD 

Litecoin (LTC) turned around bearing from $37.8768 on April 16, which shows that the bulls keep on purchasing the plunges. In the event that the purchasers can move the altcoin over the $43.67-$47.6551 opposition zone, the force is probably going to get. 

The 20-day EMA is straightening out and the RSI is near the midpoint, which recommends a harmony between the purchasers and dealers. 

On the off chance that the LTC/USD pair diverts down from $43.67, it is probably going to remain extend headed for a couple of more days. The pair will turn negative on a break underneath $35.8582. Thusly, the stops on the long positions can be held at $35.