Litecoin Technical Analysis: LTC/USD frog leaps over strong resistance trend line, that was containing price for 13 days
|- Litecoin rallies over 6%, as jump seen across the crypto market on Monday.
- LTC/USD leap frogs over resistance that had been capping upside for the past 13 trading days.
LTC/USD 60-minute chart
Spot rate: 0.46969
Relative change: -2.01%
High: 0.50472
Low: 0.47800
Trend: Bullish
Resistance 1: 84.000, 61.8% Fibonacci.
Resistance 2: 85.400, (resistance on 60-minute chart).
Resistance 3: 86.007, 7th July high.
Support 1: 82.115, 50% Fibonacci support.
Support 2: 80.255, 38.2% Fibonacci & (support on 60-minute chart).
Support 3: 78.800, on top of broken descending trend line.
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