- Litecoin price was holding strong gains of around 4% on Friday, with a decent push towards the end of the week.
- LTC/USD bears made a breakthrough a rising wedge pattern, however price caught decent support within $54-55 area.
LTC/USD 60-minute chart
Spot rate: 57.779
Relative change: +4.52%
High: 58.259
Low: 55.065
Trend: Bullish
Resistance 1: 57.870, under breached rising wedge.
Resistance 2: 59.410, 15th August high.
Resistance 3: 60.462, supply zone.
Support 1: 56.187, 50MA.
Support 2: 55.382, 100MA.
Support 3: 55.080, demand zone.