Analysis of Litecoin digital currency and expected purchase areas

The Best Buying Areas for Litecoin

 

After achieving the first target in the previous analysis for Litecoin,

the cryptocurrency has fallen again, as shown on the chart.

Currently, there are several strong buying demand areas for the currency.

The first buying area is the 84.24 area.

These are considered strong areas that have broken previous highs and supply zones.

Therefore, if tested, a rise is expected from these areas

to the targets indicated at the 87 and 90 levels, respectively.

However, if the price breaks and closes below the specified demand areas,

a decline is expected to the next demand areas near the 78.62 level.

From there, a return to the rise is expected. 

These are considered the best buying areas at the present time.

In any case, please pay careful attention to capital management

 and avoid risking large contracts.