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  • LTC/USD price fell slightly from $45.80 to $45 this Tuesday.
  • Technical analysis shows several bullish indicators which may hint at an upcoming breakout.

LTC/USD daily chart

  • LTC/USD price went down from $45.80 to $45 and it is trending below both the 20-day simple moving average (SMA 20) curve and the SMA 200 curve.
  • The SMA 20 curve has crossed over the SMA 200 curve which indicates a buy signal.

LTC/USD 4-hour chart

  • The LTC/USD 4-hour chart has found support at $44.50.
  • The moving average convergence/divergence (MACD) histogram shows that the bearish momentum is decreasing.

LTC/USD hourly

  • The LTC/USD hourly chart shows decreasing volatility in price according to the 20-day Bollinger band.
  • The last two sessions show that the price is creeping towards the 20-day simple moving average (SMA 20) curve.

Key Levels

  • Resistance 3: $50.6432
  • Resistance 2: $48.8978
  • Resistance 1: $47.3288
  • Pivot Point: $45.5833
  • Support 1: $44.0143
  • Support 2: $42.2688
  • Support 3: $40.6998