LTC / USD enjoying the Santa rally, the next $ 50 stage

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  • On Monday the price of Litecoin rose to double digits, with an increase of 10% in the second half.
  • LTC / USD is supported by a short-term uptrend trendline. Bulls' eyes are on a short-term $ 50 bank transfer.

15-minute LTC / USD chart

  • Trendline ascending through the 15 minute chart display providing a safety net for bulls.

Spot rate: 36.75

Relative change: + 9.41%

High: 37.12

Low: 33.50

Trend: bullish

Resistance 1: 36.92, resistance at the daily articulation point.

Resistance 2: 38.35, 20 November.

Resistance 3: 50.00, psychological level.

Support 1: 32.21, daily support of the articulation point.

Support 2: 30.90, daily support of the articulation point.

Support 3: 29.85, daily support of the articulation point.

Chart 60 minutes LTC / USD

  • The short-term supply zone is proving a minor barrier for now, around $ 36.50-37.15.

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<p><u><strong>LTC / USD daily table</strong></u></p>
<ul>
<li><strong>The next major bull interest area is at $ 50-55, territory before November. </strong></li>
</ul>
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