LTC/USD managed to recover, but $60.00 is still out of the way. Critical support lies with $55.00. Litecoin, the 7th largest digital asset with a market value of $3.3B, regained ground above $57.00 handle after a short-lived dip to $56.60 during early Asian hours. The coin is mostly unchanged both day-on-day and since the beginning of Thursday. The coin’s average daily trading volumes are set at $308M, which is in line with the volumes of the previous days. Litecoin is rangebound amid declining volatility. Litecoin’s technical picture As it is clearly visible on a 4-hour chart, LTC/USD is capped by the local resistance is produced by $59.00 with SMA100 (4-hour), followed by September’s 26 high at $59.80. Once this area is cleared, the upside may be extended towards $60.00 and $63.58 (September 23 high). On the downside, LTC/USD is supported by the lower border of the short-term upside channel (currently at 55.80). Once below, the prices will move towards psychological $55.00 and to the next bearish target at $51.66 (September 19 low). LTC/USD, 4-hour chart 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 USD facing some corrective pressure – Westpac FX Street 4 years LTC/USD managed to recover, but $60.00 is still out of the way. Critical support lies with $55.00. Litecoin, the 7th largest digital asset with a market value of $3.3B, regained ground above $57.00 handle after a short-lived dip to $56.60 during early Asian hours. The coin is mostly unchanged both day-on-day and since the beginning of Thursday. The coin's average daily trading volumes are set at $308M, which is in line with the volumes of the previous days. Litecoin is rangebound amid declining volatility. Litecoin's technical picture As it is clearly visible on a 4-hour chart, LTC/USD is capped by… 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.
