Litecoin Technical Analysis: LTC/USD hit a top after highest level since October 2018

  • Litecoin price late on Friday is nursing some losses of 0.5%, after a generally muted session. 
  • LTC/USD produces a double top area up at October 2018 high levels. 

 

Spot rate:                 137.40

Relative change:      -0.37%

High:                         141.27

Low:                          136.21

 

Trends:
    Daily SMA20: 48.3858
    Daily SMA50: 40.2695
    Daily SMA100: 35.4117
    Daily SMA200: 44.5238
Levels:
    Previous Daily High: 59.5887
    Previous Daily Low: 54.299
    Previous Weekly High: 53.9838
    Previous Weekly Low: 42.9646
    Previous Monthly High: 53.9838
    Previous Monthly Low: 30.8359
    Daily Fibonacci 38.2%: 57.568
    Daily Fibonacci 61.8%: 56.3197
    Daily Pivot Point S1: 54.5312
    Daily Pivot Point S2: 51.7702
    Daily Pivot Point S3: 49.2414
    Daily Pivot Point R1: 59.821
    Daily Pivot Point R2: 62.3497
    Daily Pivot Point R3: 65.1107

LTC/USD 60-minute chart

  • Price action is ranging via the 60-minute losing upside momentum, subject to possible drop. 

LTC/USD daily chart

 

  • LTC/USD subject to ending the three day run of gains, as bulls run into chunky area of resistance via the daily. 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.