- Litecoin price fell over around 15% in the past couple of sessions, in-line with a mass cooling in prices across the board.
- LTC/USD within recent trading has formed a rising wedge pattern, since hitting lows of $102.70 on Sunday.
- The big bear attack may not be over just yet, with the below demand zone eyed within mid $80 territory.
LTC/USD 30-minute chart
Spot rate: 106.02
Relative change: -0.35%
High: 108.49
Low: 103.82
Trend: Bearish/Neutral
Support 1: 105.20, lower trend line of wedge pattern.
Support 2: 100.00, psychological support on 60-minute chart.
Support 3: 90.00, demand zone.
Resistance 1: 107.05, 50MA.
Resistance 2: 108.90, upper trend line of wedge pattern.
Resistance 3: 1151.50, 100MA.
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