- 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).