- The price of Litecoin on Friday reported strong losses of over 4% towards the last phases.
- LTC / USD short-term band lock seen at $ 31 up to $ 33.50, a break in both cases should see a big wave of momentum.
15-minute LTC / USD chart
- Price action moves through a blockage of the interval, subject to an imminent breakout.
Spot rate: 30.0779
Relative change: -4.35%
High: 33.47
Low: 31.03
Trend: neutral
Resistance 1: 34.56, resistance to the daily rotation point.
Resistance 2: 36.30, area of daily resistance.
Resistance 3: 39.05, area of daily resistance.
Support 1: 30.07, short-term uptrend trend line.
Support 2: 27.32, daily support of the articulation point.
Support 3: 25.58, daily support of the articulation point.
Chart 60 minutes LTC / USD
- As detailed, the next move from this block is vital. An upward trend line can be seen as a short-term cushion for bulls.
LTC / USD daily table
- The bulls are struggling to break the supply area of $ 33-36.