LTC - Weekly Price Forecast

LTC - Weekly Price Forecast

Daily candle testing previous support trendline.

Volatility and momentum slowing.

Kijun Sen acting as support.

Tenkan Sen relatively flat presenting little to no resistance.

Stochastic RSI within an oversold region, but could see a bounce off previous support to form a double top.

If the trendline is unable to hold and volume does not pick up, we could fall through the .382 fibonnaci fan support into the .5 or .618 areas.

Weekly Price forecast

0.007973 - 0.008795 Trading Range