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  • Litecoin was seen up holding minor gains of 1% on Friday, after nursing losses through most of the initial session.
  • LTC/USD at threat of giving up the $80 region, should near-term support hold, a slip back down to the mid $70 region could be on the cards.
  • Consolidation is still very much see across the board within the cryptocurrency market, after the chunky bull run at the start of the week.


LTC/USD 60-minute chart


Spot rate:                  84.401  

Relative change:        0.95%

High:                           85.000

Low:                             81.507


Trend:                         Neutral


Support 1:                  81.596, today’s low & demand zone.

Support 2:                  79.498, 21st July low & demand zone.


Support 3:                  75.050, 15th July low, consolidation area.


Resistance 1:              85.050, supply zone entrance.


Resistance 2:             85.655, 50MA & 100MA.


Resistance 3:             87.900, top area seen 26th July.