When buy Litecoin. The cryptocurrency fell to $52

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The value of the coins dropping in the last week, according to analysts Ayash Jindal guy, this trend may continue in the near future

Tuesday, 23 October, the average price of Litecoin dropped to $52. A week ago it exceeded $55, since then gradually reduced. According to the analyst Ethereum World News Ayash Jindal guy, there are two options for further developments.

The price of the cryptocurrency could exceed $53, or down to $50, says the expert. He added that, most likely, in the near future exchange rate Litecoin will fall to the support level of $51, if it fails to hold above, will be reduced to $50. Then the next important level, which can change the direction of value will be $48 and $46.

In order to start growing, price Alcona must remain above the zone of $52,2, in this case, it can try to overcome the level of $53. Last week the ability to trade Litecoin appeared on cryptocurrency exchange Gemini, adding an approved asset Management financial services new York.

More news on cryptocurrency can be found in our telegram channel RBC-Crypto.

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