LTCUSD RSI REACHES EXTREME LEVELS
Litecoin has fallen to a fresh 2018 trading low on Tuesday, breaking below the $29.60 support level as downward technical selling pressures resume. The LTCUSD pair is heavily intraday bearish while trading below the $30.00 level and may soon move to test the next key support level, at $26.00. It is worth noting that the RSI indicator on the daily time frame has moved into record oversold territory.
The LTCUSD pair is strongly bearish while trading below the $30.00 level, key support is found at the $26.00 and $20.00 levels.
If the LTCUSD pair trades above the $30.00 level, buyers are likely to test towards the $33.00 and $35.00 resistance levels.
The LTCUSD pair is strongly bearish while trading below the $30.00 level, key support is found at the $26.00 and $20.00 levels.
If the LTCUSD pair trades above the $30.00 level, buyers are likely to test towards the $33.00 and $35.00 resistance levels.
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