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  • Litecoin loses ground into the session on Tuesday, dropping 0.5% from the session highs.
  • LTC/USD encountered pressure from the bears in a known sell zone, as they continue to sell rallies.

 

LTC/USD 60-minute chart

Spot rate:                                     98.305

Relative change:               -0.55%

High:                                                     101.64

Low:                                                       96.89

 

Trend:                                                   Bearish

 

 

Support 1:                                  97.45, 50% Fibonacci.

Support 2:                                    96.892, today’s (Tuesday) lows.

Support 3:                                    96.550, 50 &100MA.

Resistance 1:                           99.408, 61.8%.

Resistance 2:                           101.623, previous demand zone.

Resistance 3:                           102.842, 14th June high.