Litecoin Price Analysis: LTC/USD bulls have room to run higher following flag breakout


  • Litecoin price is trading in positive territory by 1% in the session on Tuesday. 
  • LTC/USD extends to the north, three straight days in the green, following flag breach. 
  • Supply can be observed around the $62-64 price range. 

LTC/USD daily chart

Should the last week’s high area be broken down around $62, would likely encourage greater buying momentum. 

LTC/USD 60-minute chart

Price action is cooling within a bullish flag structure, subject to a potential breakout north. 

Spot rate:                 58.66

Relative change:    +0.30%

High:                        61.44

Low:                         58.10

LTC/USD

Overview
Today last price 58.9265
Today Daily Change 0.4284
Today Daily Change % 0.73
Today daily open 58.4981
 
Trends
Daily SMA20 54.5402
Daily SMA50 47.0103
Daily SMA100 50.5005
Daily SMA200 63.2583
 
Levels
Previous Daily High 59.5385
Previous Daily Low 55.865
Previous Weekly High 62.4609
Previous Weekly Low 50.6584
Previous Monthly High 48.5063
Previous Monthly Low 35.9836
Daily Fibonacci 38.2% 58.1352
Daily Fibonacci 61.8% 57.2682
Daily Pivot Point S1 56.3959
Daily Pivot Point S2 54.2937
Daily Pivot Point S3 52.7224
Daily Pivot Point R1 60.0694
Daily Pivot Point R2 61.6407
Daily Pivot Point R3 63.743

 

 

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