- Litecoin sold 5.5% of the bulk in the final stages of the Friday session.
- The LTC / USD price resulted in a strong daily rejection, based on the downtrend.
- Given the refusal mentioned, the price is going to test the newly formed lower area. Key support around the $ 27 mark.
LTC / USD daily table
Spot rate: 31.74
Relative change: -5.5%
High: 34.29
Low: 31.04
Trend: bearish
Support 1: 31.42, daily support of the articulation point.
Support 2: 29.90, daily support of the articulation point.
Support 3: 27.13, 25 November bottom.
Resistance 1: 34.10, descending trend line.
Resistance 2: 35.19, resistance to the daily rotation point.
Resistance 3: 36.71, resistance to the daily rotation point.