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  • Litecoin price comes under heavy selling pressure, dropping almost 12%, in-line with the crypto session sell-off.
  • LTC/USD at lowest levels seen since 7th December 2017, prior to the big bull-run at the end of the year.

 

LTC/USD daily  chart

 

Spot rate:                                     6633.10

Relative change:               -12.12%

High:                                                     96.885

Low:                                                        83.040

 

Trend:                                                   Bearish

 

 

Support 1:                                  84.200, ascending trend line.

Support 2:                                    81.113, (support on daily time frame).

Support 3:                                    71.747, 29th November low.

Resistance 1:                           89.000, previous demand zone.

Resistance 2:                          92.444, (resistance on daily chart).

Resistance  3:                           92.94, 18th June low.