- Long-term breakout appears, awaiting confirmation
- Short term provides resistance
Litecoin bulls have a typical task in hand: take the moment in their hands from the long-term wedge that falls and overcome the short-term resistance that fixes their faces – it's not easy when the rally already seems a bit boring
LTC / USD is up 2% a day to $ 61.85, just around the top of the day and exactly around the descending line of resistance on the 480-minute diagram that would require a lot of thrust and momentum to cross, just as the RSI approaches the oversold zone.
This is occurring even when prices have given a breaking wedge in the daily chart only two days ago, but it still needs some more confirmation – it must exceed the resistance of $ 68-70 zones.
LTC / USD Daily Chart:
LTC / USD Chart 480 minutes: 
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