Please, check our technical outlook for $LTC .

Time Frame: 1D

Current Trend: Bullish

Sentiment: Oversold (based on 7-period RSI)

Forecast: Bullish

The market is testing a major horizontal structure 64.86.

Taking into consideration the structure & trend analysis, I believe that the market will reach 71.34 level soon.

P.S

Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like, follow and comment my ideas if you enjoy them!