The LTC/USD price holds above 30.00 as crypto sentiment improves. There has been a massive spike in buying volume at low levels. LTC/USD daily chart Litecoin still seems to be recovering from the recent price capitulation. The pair has now consolidated above 30.00 and trades nealy 4% higher on the session. There have been some clear downside candle shadows (wicks) which shows that lower levels are being rejected. The big spike in volume 4 sessions ago shows there are lots of buyers near the 30.00 mark. Interestingly, the two internal trendlines have provided some level of support. The Fibonacci extension levels could also come into play. The 127.2% was very close to being hit and the pair found support just ahead of the zone. Below that the golden ratio of 161.8% could still be used in the future so if the price breaks below the current support then that could be the next target. Additional levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Canadian PM Trudeau: Plan to bring House of Commons briefly back to pass emergency economic measures FX Street 2 years The LTC/USD price holds above 30.00 as crypto sentiment improves. There has been a massive spike in buying volume at low levels. LTC/USD daily chart Litecoin still seems to be recovering from the recent price capitulation. The pair has now consolidated above 30.00 and trades nealy 4% higher on the session. There have been some clear downside candle shadows (wicks) which shows that lower levels are being rejected. The big spike in volume 4 sessions ago shows there are lots of buyers near the 30.00 mark. Interestingly, the two internal trendlines have provided some level of support. The Fibonacci extension… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
