Technical analysis of Litecoin: LTC / USD let there be a breakout, the action on prices only indicates that in terms of shrinkage of the banner

  • Litecoin's price was a loss of assistance in late Friday by more than 2%, after the price did not interrupt a refueling area.
  • LTC / USD was unable to capitalize on the heavy bids seen at the back end of the session on Thursday, but the price nevertheless reached the highest levels since September 5th.
  • Litecoin was collected on Thursday thanks to CoinText, which added support for the use of its service in the United States and Canada.

4-hour LTC / USD chart

Spot rate: 62.930

Relative change: -2.18%

High: 64.981

Low: 60.700

Trend: bearish

Support 1: 60.650, support on 4-hour chart.

Support 2: 59.180, 50MA (4 hours).

Support 3: 56.850, rising trend line and 100MA (4 hours).

Resistance 1: 62.780, resistance on the 4-hour chart.

Resistance 2: 64.600, supply area.

Resistance 3: 65.620, maximum 27 September.

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