Litecoin technical analysis: LTC/USD may have trouble reclaiming $100 mark again
|- Liitecoin price is trading in the red, down over 5% the session on Tuesday.
- LTC/USD sees a huge barrier now built up around the $100 price territory.
- The above noted demand zone has historically proven to attract decent buying momentum.
Spot rate: 0.3095
Relative change: -4.25%
High: 95.16
Low: 88.46
LTC/USD 60-minute chart
- Price action stuck within a descending channel structure, driving the price south.
LTC/USD daily chart
- Big supply now seen at $100 price territory, very problematic for bull hopes.
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