- Wednesday's Litecoin price makes a big jump of over 7% in the session.
- LTC / USD is amortized over the short term by a growing trend line by displaying the 15-minute chart.
- The short-term barrier within the $ 25 territory is proving to be a problem for higher upside.
15-minute LTC / USD chart
Spot rate: 24.99
Relative change: + 7.27%
High: 25.21
Low: 23.23
Trend: bearish
Support 1: 24.40, growing trend line.
Support 2: 22.67, daily support of the articulation point.
Support 3: 21.94, daily support of the articulation point.
Resistance 1: 25.00, short-term supply.
Resistance 2: 25.45, resistance at the daily articulation point.
Resistance 3: 26.18, resistance to the daily rotation point.
4-hour LTC / USD chart
- The bulls managed to overcome the downward trend line, which proved to be a hard line of resistance.
LTC / USD daily table
- The bulls are heading for the first daily green closure so far this week. They break above $ 25-26 for a greater rise.