Litecoin Technical Analysis: LTC/USD holding gains, price action behavior suggesting another rally could be in the works

  • Litecoin is seen up 1.8% on Wednesday, building on the chunky gains seen on Tuesday. 
  • LTC/USD price behavior suggests another extended move to the upside could be in the works. 

 

LTC/USD 60-minute chart

 

 

Spot rate:                   90.530.

Relative change:        +1.80%.

High:                           94.444.

Low:                            89.019.

 

Trend:                         Neutral/Bullish.

 

Resistance 1:             91.700, (resistance on 60-minute chart).

Resistance 2:             92.910, supply zone. 

Resistance 3:             94.444, today's (Wednesday) low. 

Support 1:                  90.400, (support on 60-minute chart).  

Support 2:                  89.135, 13th June low.

Support 3:                  88.955, (support on 60-minute chart).  

 

 

 

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