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  • Litecoin price jumped over 12% in just over an hour of after trading on Thursday.
  • CoinText an SMS crypto payment service, has announced they will be looking at adding Litecoin to its list of facilitation cryptocurrencies.  
  • LTC/USD saw an extended breakout to the upside from a rising channel pattern as seen on the 60-minute chart.

 

 

LTC/USD 60-minute chart  

 

Spot rate:                    61.981

Relative change:        +8.26%

High:                           64.501

Low:                            56.679

 

Trend:                         Bullish.

 

Resistance 1:                  64.50, former drop acting support area & now session high.

Resistance 2:                65.00, resistance on 60-minute chart.

Resistance 3:                67.900, 1 September high.

Support 1:                    60.533,  on top of broken channel.  

Support 2:                     58.805,  support  on 60-minute chart.

Support 3:                   57.525, lower trend line of channel.