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- The price of Litecoin is losing deep double-digit losses in the second session on Thursday.
- LTC / USD subject to another decline, short-term short-term $ 34.00, a violation could expose $ 30.00.
15-minute LTC / USD chart
- Price action moves within consolidation mode, moving within a narrow range of $ 35-34, subject to further reductions.
Spot rate: 34.53
Relative change: -11.05%
High: 39.62
Low: 33.92
Trend: bearish
Support 1: 38.26, daily support of the articulation point.
Support 2: 37.60, daily support of the articulation point.
Support 3: 36.48, daily support of the articulation point.
Resistance 1: 40.03, resistance to the daily rotation point.
Resistance 2: 41.14, resistance to the daily articulation point.
Resistance 3: 41.80, resistance to the daily rotation point.
Chart 60 minutes LTC / USD
- In a 60-minute chart view, price action could be seen as a potential shortish bearish pennant structure.
LTC / USD daily table
- Price shot towards the growing trend line in critical competition, which is at stake since December 14, 2018.
