- Litecoin on Monday seen up over 2%, after maintaining some upside momentum, following the decent bounce in the previous session.
- A bull flag pattern is seen on the 30-minute time frame, which could see the price breakout back to $90+.
LTC/USD 30-minute chart
Spot rate: 82.33
Relative change: +2.14%
High: 83.84
Low: 78.55
Trend: Bullish/Neutral
Resistance 1: 83.70, upper trend line of bull flag.
Resistance 2: 86.70, (resistance on 30-minute chart).
Resistance 3: 88.35, supply zone entry.
Support 1: 80.25, 50 & 100MAs.
Support 2: 78.68, lower trend line of bull flag.
Support 3: 75.06, (support on 30-minute chart).
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