Home Litecoin Price Analysis: LTC/USD big risk of a double top
Crypto News

Litecoin Price Analysis: LTC/USD big risk of a double top

  • Litecoin price is trading in negative territory by 1.50% in the session on Wednesday. 
  • LTC/USD was extending north and may now give up our straight days in the green.
  • The bulls are failed to break the high area of last week, a break above is critical. 

 

LTC/USD daily chart

Risk of double top formation via the daily view, priced action rejected at last week’s high area. 

LTC/USD 60-minute chart

A possible top area around the $62 region, with price cooling, eyes on support at $57.

Spot rate:                 59.73

Relative change:    -1.50%

High:                        62.37

Low:                         60.32

 

 

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.