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- The price of Litecoin saw earnings in the reserve just fell by 3% on Thursday, the pullback still observed across the board.
- LTC / USD moving within a growing wedge model seen in 60-minute chart view.
60-minute LTC / USD chart
Spot rate: 0.28820
Relative change: + 2.79%
High: 0.29603
Low: 0.27558
Trend: bearish
Support 1: 55.470, lower trending trend line of the wedge model
Support 2: 55.110,50MA and required area.
Support 3: 54.350, (60-minute chart support).
Resistance 1: 56.130, 100MA.
Resistance 2: 57.370, (resistance on the 60 minute chart).
Resistance 3: 60,000, psychological level of resistance.
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