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- Litecoin rebounds to operate in positive territory, with modest gains of 1%.
- The LTC / USD price action is forming a bearish flag pattern, which could invite bears to sell further.
Chart 60 minutes LTC / USD
Spot rate: 62.920
Relative change: 1.22%
High: 64.079
Low: 59.987
Trend: Bullish
Support 1: 60.955, entry to the application area.
Support 2: 60.880, minimum 8 August.
Support 3: 60,000, psychological support.
Resistance 1: 64.055, supply area and current maximum session.
Resistance 2: 64.250, (resistance on the 60 minute chart).
Resistance 3: 65.558, 50MA.
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