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- Tuesday litecoin prices exchange as bulls return, gaining 7% at the moment.
- LTC / USD pushes to its highest level seen since 19 November.
15-minute LTC / USD chart
- LTC / USD detaches from a short-term pennant structure, viewed through 15-minute graph display.
Spot rate: 41.51
Relative change: + 7.10%
High: 41.91
Low: 38.48
Trend: bullish
Support 1: 37.23, daily support of the articulation point.
Support 2: 36.47, daily support of the articulation point.
Support 3: 35.74, daily support of the articulation point.
Resistance 1: 38.73, resistance to the daily rotation point.
Resistance 2: 39.47, resistance to the daily rotation point.
Resistance 3: 40.23, resistance to the daily rotation point.
Chart 60 minutes LTC / USD
- The bulls have forced their exit from a short-term block formation, since it extends to the high session.
LTC / USD daily table
- Price action has increased to the upside, following a breakdown of a pennant's structure. The bulls are also supported by a growing trend line.
