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Litecoin
Short

Daily Chart

By piatt.jesse
On the daily chart LTC is within 1 day of moving out of a pennant. With the RSI sitting at 50 should the price break to the upside we have a good possibility of looking at a move back to the ATH and possibly a new ATH. How every should the price break downward we could be looking at a move back to 100-150. The Stoch points to a break to the upside but the Macd is pointing to a break to the downside. I think for the time being, as long as ripple is gaining in price BTC and LTC will either stay flat or break to the downside as it appears that ripple is currently sucking the oxygen out of the crypto space. Look for gains in BTC and LTC once ripple breaks down.
Trend Analysis
piatt.jesse

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