- Litecoin price was nursing some losses of around 1% on Thursday, cooling after the double top seen on Wednesday.
- LTC/USD has broken out from a rising wedge pattern seen via the 60-minute chart view.
LTC/USD 60-minute chart
Spot rate: 84.500
Relative change: -1.08%
High: 87.184
Low: 83.700
Trend: Neutral
Support 1: 83.979, 100MA.
Support 2: 78.100, (support on 60-minute chart).
Support 3: 74.90, entrance to demand zone.
Resistance 1: 85.050, underneath broken wedge.
Resistance 2: 85.527, 50MA.
Resistance 3: 89.560, (resistance on 60-minute chart) & 3rd, 4th July highs.