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Litecoin Technical Analysis: LTC/USD one potential barrier away from $100 return

  • Litecoin price on Tuesday in the second half of the day has seen some big bull action, whopping gains of 15%.  
  • LTC/USD pushed to its highest levels seen since August 2018.  
  • There only appears to be one last barrier $70-75 region, ahead of a big push for a $100 retest.  

 

Spot rate:                  71.61

Relative change:       +18.01%

High:                         72.63

Low:                          60.852

 

LTC/USD 60-minute chart

  • Price action trading around levels not seen since August 2018, trying to breakdown resistance near-term resistance.  

LTC/USD daily chart

  • A small barrier around the $70-75 region and potentially at $90, but bulls have sights on a return to the psychological $100 mark.  

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