Litecoin builds on the gains made at the back-end of Tuesday’s session, holding a modest 2%. The price bounced off the 200MA, which was tracking at $120.40. LTC/USD price action has formed a bullish pennant formation, pending potential breakout to the upside. LTC/USD 60-minute chart Spot rate: 121.95 Relative change: +1.95% High: 123.01 Low: 118.79 Trend: Bullish/Neutral Resistance 1: 122.46, upper trend line of the bullish pennant formation. Resistance 2: 122.95, supply zone territory. Resistance 3: 124.23, 25th May high. Support 1: 120.40, 200MA & lower part of pennant formation. Support 2: 118.79, today’s (Wednesday) lows. Support 3: 116.60, consolidation levels seen on 27th May. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Bitcoin price analysis: Making higher consolidation; While in South Korea, the Supreme Court rules Bitcoin to have a measurable value FX Street 5 years Litecoin builds on the gains made at the back-end of Tuesday's session, holding a modest 2%. The price bounced off the 200MA, which was tracking at $120.40. LTC/USD price action has formed a bullish pennant formation, pending potential breakout to the upside. LTC/USD 60-minute chart Spot rate: 121.95 Relative change: +1.95% High: … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
