- Litecoin price seen up some 2% on Monday, inline with the green seen across the crypto market.
- LTC/USD like a number of other altcoins, is moving within an ascending wedge pattern.
LTC/USD 60-minute chart
Spot rate: 84.071
Relative change: +2.25%
High: 85.910
Low: 82.070
Trend: Bullish
Support 1: 83.820, 100MA.
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Support 2: 83.555, 50MA.
Support 3: 83.050, lower part of ascending wedge.
Resistance 1: 85.07, supply zone entrance.
Resistance 2: 85.730, (resistance on 60-minute chart).
Resistance 3: 86.000, upper part of ascending wedge.