- Litecoin price Wednesday trading firmly in the green with gains of 5%, so far in the session.
- LTC/USD shooting higher within a steep ascending channel formation, seen via the 30-minute chart.
- Near-term key resistance seen within the $33-34 range, top area of the 24th November.
LTC/USD 30-minute chart
Spot rate: 32.63
Relative change: +5.01%
High: 33.30
Low: 31.01
Trend: Bullish
Resistance 1: 33.57, top area 24 November, supply zone.
Resistance 2: 35.47, daily pivot point resistance.
Resistance 3: 40.00, psychological resistance.
Support 1: 29.24, daily pivot point support.
Support 2: 27.34, daily pivot point support.
Support 3: 26.13, daily pivot point support.
LTC/USD daily chart
- LTC/USD demonstrates new bottom area around the $27-29 price region.
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