LTC / USD bulls must exceed the current restricted range or be punished

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  • The price of Litecoin is seen with moderate gains of around 2.5%, given that life comes to the bulls on Tuesday.
  • The action on LTC / USD prices is supported upward by a rising trend line.

Chart 60 minutes LTC / USD

  • Price action slowed around the high area of ​​December 29, lower resistance in the short term.

Spot rate: 32.91

Relative change: + 2.48%

High: 33.34

Low: 31.78

Trend: neutral

Support 1: 30.38, daily support of the articulation point.

Support 2: 28.66, daily support of the articulation point.

Support 3: 27.65, daily support of the articulation point.

Resistance 1: 33.11, resistance at the daily articulation point.

Resistance 2: 34.12, resistance to the daily articulation point.

Resistance 3: 35.84, resistance to the daily rotation point.

4-hour LTC / USD chart

  • The price action sustained in this current upward trend by a rising trend line.

LTC / USD daily table

  • A narrow range observed through the daily time frame, the last five trading sessions, an imminent breakaway is observed.

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