- Litecoin was trading broadly flat on Thursday, as price failed to break down resistance heading into the $87.00 mark.
- LTC/USD has been stuck within a mediocre $1 range for the past two sessions now.
- It isn’t too surprising observing this slow down across the board, following the large bull run at the start of the week.
LTC/USD 15-minute chart
Spot rate: 86.445
Relative change: +0.05%
High: 87.909
Low: 86.385
Trend: Neutral
Support 1: 86.30-50, key near-term demand zone.
Support 2: 86.00, (support on 15-minute chart).
Support 3: 85.25, demand zone.
Resistance 1: 86.873, 100MA.
Resistance 2: 87.033, 50MA.
Resistance 3: 87.085,(resistance on 15-minute chart).
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