- On Monday, Litecoin's price fell by 11%, one of the best under the performers.
- LTC / USD trades around a supportive area of support, $ 37-36, subject to another freefall if violated.
- Next important support for the downside eyed within the first 20 $ of the territory, where the price was consolidated between May-June 2017.
Weekly chart LTC / USD
Spot rate: 37.27
Relative change: -11.90%
High: 42.11
Low: 36.33
Trend: bearish
Support 1: 37-36.00, daily support area.
Support 2: 21.10, support during consolidation from May to June 2017.
Support 3: 15.72, last trade October 2017.
Resistance 1: 43.12, maximum 18 November.
Resistance 2: 44.13, daily resistance.
Resistance 3: 50.00, psychological resistance.