Home Litecoin Technical  Analysis: LTC/USD holding gains, price action  behavior suggesting another rally could be in the works
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Litecoin Technical  Analysis: LTC/USD holding gains, price action  behavior suggesting another rally could be in the works

  • Litecoin is seen up 1.8% on Wednesday, building on the chunky gains seen on Tuesday.  
  • LTC/USD price  behavior  suggests another extended move to the upside could be in the works.  

 

LTC/USD 60-minute chart

 

 

Spot rate:                                    90.530.

Relative change:         +1.80%.

High:                            94.444.

Low:                             89.019.

 

Trend:                          Neutral/Bullish.

 

Resistance  1:              91.700,  (resistance on 60-minute chart).

Resistance 2:              92.910,  supply zone.  

Resistance 3:                94.444, today’s (Wednesday) low.  

Support 1:                   90.400,  (support on 60-minute chart).    

Support 2:                   89.135, 13th June low.

Support 3:                   88.955,  (support on 60-minute chart).    

 

 

 

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