Litecoin Technical Analysis: LTC/USD makes a jump for the stars, gaining around 8%, in full-on recovery mode

  • Litecoin price made decent ground of gains on Monday, after being hit at the end of last week.
  • LTC/USD rallies some 8%, with bulls looking to make a move for $100, but must clear small barrier ahead first.

 

LTC/USD 60-minute chart

 

Spot rate:                    6602.7

Relative change:         +3.98%

High:                           6681.1

Low:                            6275.0

 

Trend:                         Bullish

 

 

Resistance 1:             86.70, (resistance on 60-minute chart).

Resistance 2:              92.50, entrance of supply zone.

Resistance 3:              100.00, psychological resistance.

Support 1:                   84.50, previous supply zone.

Support 2:                   80.05, (support on 60-minute chart).

Support 3:                   74.91, 27th June low.

 

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