- Litecoin price was seen nursing losses of around 3.5% on Wednesday, following big sell from the $90 area at Tuesday’s highs.
- LTC/USD is down, however the price has seen a breakout from a descending channel pattern.
LTC/USD 15-minute chart
Spot rate: 86.207
Relative change: -3.58%
High: 90.574
Low: 85.022
Trend: Neutral
Resistance 1: 86.973, 50MA.
Resistance 2: 87.573, supply zone entrance.
Resistance 3: 88.345, (resistance on 15-minute chart).
Support 1: 85.840, demand zone entrance.
Support 2: 85.580, on top of broken channel.
Support 3: 85.022, today’s (Wednesday) low.
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