Litecoin Technical  Analysis: LTC/USD shoots for the stars, but chunky challenge seen

• Litecoin jumps 3% in the early part of Friday, maintaining recent upside momentum.  
• LTC/USD shoots to the starts, however faces difficult touted supply zone, in the way of further gains.

LTC/USD 60-minute chart  

Spot rate:                   58.250

Relative change:        +2.85%

High:                           58.725

Low:                            56.346

Trend:                         Bullish.

Resistance 1:                58.300, supply zone.

Resistance 2:                58.550, top area of 15th September.  

Resistance 3:                 58.880, 14th September high

Support 1:                    57.500, support on 60-minute chart.

Support 2:                      56.450, demand zone.  

Support 3:                   56.050,  support on 60-minute chart.