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- Litecoin's price has been seen to rise by more than 1.5% on Tuesday, as prices seem to counteract resistance for further movements to the north.
- LTC / USD was moving within a bearish pennant scheme before being able to get out of it.
- The short-term resistance seen from the early $ 60 to mid-range should open the door for a quick return of $ 70 +.
LTC / USD daily chart
Spot rate: 61.658
Relative change: + 1.52%
High: 62.357
Low: 59.700
Trend: uptrend
Resistance 1: 61.780, entry to the refueling area.
Resistance 2: 62.381, maximum of 18 August.
Resistance 3: 65,000, heavy supply area.
Support 1: 57.907, on top of the broken bear pennant.
Support 2: 55.820, required area.
Support 3: 53.510, low area from 20 to 22 August.
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