LTC / USD is subject to another profound gain below $ 30, if the range lock is exposed by bears

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  • The price of Litecoin on Tuesday was seen to record minor losses during the session, down by about 1%.
  • LTC / USD is showing some downward vulnerabilities, with potential support below $ 30.

15-minute LTC / USD chart

  • Price action is going, following the highest aggressive peak on Monday.

Spot rate: 32.00

Relative change: -0.95%

High: 32.65

Low: 31.64

Trend: bullish

Support 1: 30.49, daily support of the articulation point.

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

Support 3: 27.33, daily support of the articulation point.

Resistance 1: 33.65, resistance at the daily articulation point.

Resistance 2: 34.98, resistance of the daily articulation point.

Resistance 3: 36.81, resistance to the daily rotation point.

4-hour LTC / USD chart

  • Price action is moving within a potential bullish flag formation, subject to an upward rupture. The price may initially come back below $ 30, where the next big buying area is in sight.

LTC / USD daily table

  • Since the interruption of the key daily trend line, the price action has been in consolidation mode, for the last four sessions.

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