- Litecoin price up over 2% on Thursday, as it retains upside momentum, with eyes on a breakout of the recent range.
- LTC/USD is heading for its first week of gains in 3 weeks, up around 6% so far.
- 100MA on the 30-minute chart, has been of assistance in terms of support, during the dips this session.
LTC/USD 30-minute chart
Spot rate: 119.89
Relative change: +2.33%
Resistance 1: 120.70, (resistance on 30-minute chart)
Resistance 2: 121.00, session high.
Resistance 3: 122.05, descending trend line ahead.
Support 1: 119.30, 100MA.
Support 2: 118.00, 50MA
Support 3: 114.45, 30th May low.