- Litecoin was one of the out-performers in the session on Friday. Chunky gains seen of over 4%.
- LTC/USD price has has formed a bearish flag pattern, seen on the 60-minute chart view.
LTC/USD 60-minute chart
Spot rate: 53.050
Relative change: +4.42%
High: 54.180
Low: 50.891
Trend: Bullish
Resistance 1: 53.350, upper part of flag.
Resistance 2: 55.550, resistance on 60-minute chart.
Resistance 3: 57.800, consolidation area 10 Oct prior to fall.
Support 1: 51.800, support on 60-minute chart.
Support 2: 50.650, demand area.
Support 3: 50.350, lower part of flag.