- The price of Litecoin marks a massive increase of 5% on Thursday, after renewed purchases are back on the market.
- LTC / USD made a decent upward turn from a downward channel model.
LTC / USD 4 hour chart
Spot rate: 54,243
Relative change: + 5.06%
Trend: uptrend 
Resistance 1: 54,580, 50MA.
Resistance 2: 56.820, resistance on the 4-hour chart.
Resistance 3: 57,700, entry to the refueling area.
Support 1: 53.255, at the top of the interrupted channel.
Support 2: 52,000, required area.
Support 3: 49.150, lower trend line of the channel and demand area.
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