Home Litecoin Technical  Analysis: LTC/USD imminent breakout eyed
Crypto News

Litecoin Technical  Analysis: LTC/USD imminent breakout eyed

  • Litecoin seen holding minor gains of some 0.6% in the latter stages of trading on Monday.
  • LTC/USD price action suggests a breakout could be imminent, with bulls looking to gun higher.  

 

LTC/USD 60-minute chart  


 

Spot rate:                   49.924

Relative change:       +0.65%

High:                          50.379

Low:                           47.737

 

Trend:                        Neutral

 

Resistance 1:              49.960    , upper part of flag pattern.

Resistance 2:              50.385    , 31 October high.    

Resistance 3:              51.901, area of supply & daily pivot point resistance.  

Support 1:                   49.792, 100MA (60-minute).

Support 2:                   49.641, lower part of bull flag.  

Support 3:                   49.401, 50MA (60-minute).  

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.