Litecoin technical analysis: LTC / USD could go back $ 30 to find buyers again

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  • Loss of care of Litecoin's price of about 3.5% in the last part of the Monday session.
  • LTC / USD may be forced to retreat further before finding fixed buyers.

15-minute LTC / USD chart

  • Move within a range, as the next breakout is imminent.

Spot rate: 31.10

Relative change: -3.55%

High: 31.47

Low: 30.67

Trend: bearish

Support 1: 30.90, daily support of the articulation point.

Support 2: 29.73, daily support of the articulation point.

Support 3: 28.98, daily support of the articulation point.

Resistance 1: 32.87, resistance to the daily articulation point.

Resistance 2: 33.59, resistance to the daily rotation point.

Resistance 3: 34.76, resistance to the daily rotation point.

Chart 60 minutes LTC / USD

  • The price trend fell against a rising trend line, which was supporting the initial rise.

LTC / USD daily table

  • Eyes on a potential new test of the underlying upward trend line through the daily chart view, which would see the price just under $ 30.

Get the 5 most predictable currency pairs

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