- Litecoin price was seen in trading within in the red on Wednesday, down just some 0.22%.
- LTC/USD has broken out from a rising wedge, the retest underneath is currently underway.
- The price could be susceptible to giving back the advance seen late on Tuesday.
LTC/USD 60-minute chart
Spot rate: 52.435
Relative change: -0.22%
Support 1: 52.350, support on 60-minute chart.
Support 2: 51.785, 23 October low & demand zone.
Support 3: 51.615, 14-15 October low.
Resistance 1: 52.712, underneath breached wedge.
Resistance 2: 53.000, resistance on 60-minute chart.
Resistance 3: 53.300, Inner upper part of wedge.