Litecoin Technical  Analysis: LTC/USD retested key near-term trend line, but sent packing again for the south

• Litecoin seen nursing losses of 1.5% on Friday, as the bears continue to take advantage of the bull momentum loss.
• LTC/USD price retested the trend line that what supporting the price initially, but sent back south.

LTC/USD 60-minute chart

Spot rate:                    0.45774

Relative change:         -4.04%

High:                           0.47691

Low:                            0.44634

Trend:                        Bearish

Support 1:                  83.967, lower part of descending channel.

Support 2:                  82.648, today’s (Friday) low.

Support 3:                  82.475, 61.8% Fibonacci.

Resistance  1:             84.850, 50% Fibonacci.

Resistance 2:              86.166, 100MA.

Resistance 3:             86.845, 50MA.