Wednesday’s technical correction finds resistance near $80, where the 20-DMA is sitting. The RSI on the daily chart edges lower toward 30. With a break below $72.50, LTC/USD will renew its lowest level since November 2017 and could attract more sellers following a profit-taking action. LTC/USD daily chart Spot rate: 76.30 Relative change: -2.4% High: 78.25 Low: 74.28 Trend: Bearish Support 1: 72.50 (2018 low/ Jun. 29 low). Support 2: 64.70 (Nov. 17, 2017, low/static level). Support 3: 57.75 (Nov. 11/10 low/static level). Resistance 1: 80 (Jul. 11 high/20-DMA/psychological level). Resistance 2: 90 (Jul. 3/Jul. 4 high). Resistance 3: 98 (Fibo. 23.6% retracement of May 6 – Jun. 29 fall) 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 US macro: trade war unlikely to have a big impact on US inflation – ABN FX Street 5 years Wednesday's technical correction finds resistance near $80, where the 20-DMA is sitting. The RSI on the daily chart edges lower toward 30. With a break below $72.50, LTC/USD will renew its lowest level since November 2017 and could attract more sellers following a profit-taking action. LTC/USD daily chart Spot rate: 76.30 Relative change: -2.4% High: 78.25 Low: 74.28 Trend: … 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.
