Litecoin Technical  Analysis: LTC/USD one step away from big price development, after imprisonment

• Litecoin price is seen trading very marginally in positive territory on Friday, just by some 0.30%.  
• LTC/USD edging over resistance that has been containing the price since 27th September.  

LTC/USD 60-minute chart  

Spot rate:                   58.513

Relative change:       +0.40%

High:                          58.915

Low:                           57.660

Trend:                        Bearish.

Support 1:                  58.045, 50MA (60-minute chart).  

Support 2:                  56.750, support on 60-minute,  

Support 3:                  55.970, lower supporting trend line.    

Resistance  1:             58.870,  100MA. (60-minute).  

Resistance  2:             60.950, resistance on 60-minute chart.  

Resistance  3:             63.000, choppy supply area.