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- Litecoin's price recorded strong gains of around 2.5% on Wednesday, with a fair push in the middle of the week.
- The LTC / USD bulls have taken a step forward in a downward wedge model, however the price must now break down the barriers before $ 60.
60-minute LTC / USD chart
Spot rate: 57.875
Relative change: + 2.58%
High: 59.773
Low: 55.439
Trend: bullish
Resistance 1: 59.05, (resistance on 60-minute graph).
Resistance 2: 59.70-95, barrier in front of $ 60.
Resistance 3: 60.00, psychological resistance.
Support 1: 56.624, 100MA.
Support 2: 56.0401, 50MA.
Support 3: 54.728, on top of the broken wedge.
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