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- On Friday the price of Litecoin recorded strong gains of around 4%, with a decent push towards the end of the week.
- LTC / USD bears have made a turnaround in a growing wedge pattern, but the price has gotten decent support in an area of $ 54-55.
Chart 60 minutes LTC / USD
Spot rate: 57,779
Relative change: + 4.52%
High: 58.259
Low: 55.065
Trend: bullish
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Resistance 1: 57.870, under increasing wedge.
Resistance 2: 59.410, high August 15th.
Resistance 3: 60.462, supply zone.
Support 1: 56.187, 50MA.
Support 2: 55.382, 100MA.
Support 3: 55.080, required area.
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