Litecoin Technical Analysis: LTD/USD remains on the ladder back to $100 level, bulls are just taking a moment

  • Litecoin seen holding modest gains on Tuesday of 0.70%, as the bulls take a moment, ahead of next move.
  • LTC/USD is taking steps on the ladder to return to $100, next barrier to overcome is seen around $92-93 area.

 

 

LTC/USD 60-minute chart

 

 

Spot rate:                   86.237

Relative change:         +0.78%

High:                           89.850

Low:                            85.005

 

Trend:                         Neutral

 

 

Support 1:                   85.000, demand zone.

Support 2:                   83.291, 50MA.

Support 3:                   83.333, 100MA.

Resistance 1:             89.850, today’s (Tuesday) high.

Resistance 2:              92.000, entrance to supply zone.

Resistance 3:              100.000, psychological resistance.

 

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