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- On Thursday the litecoin price is firmly in negative territory, down more than 3%.
- The LTC / USD price action is supported through the daily time frame from a rising trendline.
15-minute LTC / USD chart
- Price action moves down into a steep downward channel / wedge formation.
Spot rate: 3840.62
Relative change: -1.65%
High: 33.57
Low: 32.11
Trend: bearish
Support 1: 32.11, daily support of the articulation point.
Support 2: 30.79, daily support of the articulation point.
Support 3: 29.79, daily support of the articulation point.
Resistance 1: 34.44, resistance to the daily rotation point.
Resistance 2: 35.43, resistance at the daily articulation point.
Resistance 3: 36.76, resistance to the daily rotation point.
Chart 60 minutes LTC / USD
- Looking through the shorter time window, support seen just below, tracking at $ 31.
LTC / USD daily table
- LTC / USD supported by a growing trend line, has been running since December 16th.
