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  • Litecoin nursing small losses in the session on Thursday of just over 1%, but upside could be pending.
  • After receiving support at the sessions low of $95.87, bulls eyes are on a return to $100 area.

 

LTC/USD 60-minute chart

 

Spot rate:                                     528.72

Relative change:               -1.41%

High:                                                     545.30

Low:                                                        525.57

 

Trend:                                                   Bearish

 

Support 1:                                  96.000, ascending trend line.

Support 2:                                    93.655, 23.6% Fibonacci & demand zone.

Support 3:                                    90.000, strong buying area.

Resistance 1:                           97.350, 50MA.

Resistance 2:                          98.750, 50% Fibonacci & supply zone.

Resistance  3:                          100.962, 61.8% Fibonacci & (resistance on 60-minute chart).