- 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).