- Litecoin was seen nursing losses of 1.50% in the latter stages of trading on Friday.
- LTC/USD heading for another weekly close, after failing to build on the foundations laid with last week’s positive close.
- Key support within the near-term is eyed at $115.65, lower supporting trend line.
LTC/USD 60-minute chart
Spot rate: 119.48
Relative change: -1.53%
High: 122.17
Low: 117.97
Trend: Bearish
Support 1: 117.97, today’s (Friday) low & (support on 60-minute chart).
Support 2: 116.60, (support on 60-minute chart).
Support 3: 115.65, lower trend line support.
Resistance 1: 120.40, 100MA.
Resistance 2: 120.75, 50MA & upper descending trend line.
Resistance 3: 122.30, supply zone entrance.
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