Litecoin technical analysis: the LTC / USD price is consolidated to open the way to another potential leap

  • The price of Litecoin on Friday reported strong losses of over 4% towards the last phases.
  • LTC / USD short-term band lock seen at $ 31 up to $ 33.50, a break in both cases should see a big wave of momentum.

15-minute LTC / USD chart

  • Price action moves through a blockage of the interval, subject to an imminent breakout.

Spot rate: 30.0779

Relative change: -4.35%

High: 33.47

Low: 31.03

Trend: neutral

Resistance 1: 34.56, resistance to the daily rotation point.

Resistance 2: 36.30, area of ​​daily resistance.

Resistance 3: 39.05, area of ​​daily resistance.

Support 1: 30.07, short-term uptrend trend line.

Support 2: 27.32, daily support of the articulation point.

Support 3: 25.58, daily support of the articulation point.

Chart 60 minutes LTC / USD

  • As detailed, the next move from this block is vital. An upward trend line can be seen as a short-term cushion for bulls.

LTC / USD daily table

  • The bulls are struggling to break the supply area of ​​$ 33-36.

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