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  • Litecoin was trading broadly flat on Thursday, as price failed to break down resistance heading into the $87.00 mark.
  • LTC/USD has been stuck within a mediocre $1 range for the past two sessions now.
  • It isn’t too surprising observing this slow down across the board, following the large bull run at the start of the week.  


LTC/USD 15-minute chart


Spot rate:                  86.445

Relative change:        +0.05%

High:                          87.909

Low:                            86.385


Trend:                         Neutral


Support 1:                 86.30-50, key near-term demand zone.
Support 2:                  86.00, (support on 15-minute chart).
Support 3:                  85.25, demand zone.
Resistance 1:             86.873, 100MA.
Resistance 2:             87.033, 50MA.
Resistance 3:             87.085,(resistance on 15-minute chart).