LTC / USD close to falling to the limit

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  • Litecoin's price of nursing care losses on Wednesday is around 2.8% towards the end of the day.
  • Like some of its peers, the LTC / USD price action is moving within a bearish pennant structure.
  • A violation of the psychological mark of $ 30 could be catastrophic, inviting a new wave of sales pressure.

4-hour LTC / USD chart

Spot rate: 30.13

Relative change: -2.80%

High: 31.29

Low: 29.80

Trend: bearish

Support 1: 30.00, lower part of the pennant.

Support 2: 29.72, daily support of the articulation point.

Support 3: 28.50, daily support of the articulation point.

Resistance 1: 33.31, upper part of the pennant and daily articulation point.

Resistance 2: 34.53, resistance at the daily articulation point.

Resistance 3: 36.24, November 28th.

Chart 60 minutes LTC / USD

  • The 60-minute chart display shows how much LTC / USD is close to the lower pen holder.

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