- Litecoin price is trading in positive territory by 1% in the session on Monday.
- LTC/USD is being capped by a large barrier seen at the $60 price mark.
- The bulls as seen across the other major altcoins have regained control.
LTC/USD weekly chart
Price action via the weekly chart view has been within a bearish market structure. The bulls must break down the prior extreme high area in November up at around $60.
LTC/USD daily chart
The daily chart view has seen a breakout and extension to the upside from a bullish flag structure.
Spot rate: 54.97
Relative change: +5.50%
|Today last price||59.2576|
|Today Daily Change||3.0885|
|Today Daily Change %||5.50|
|Today daily open||56.1691|
|Previous Daily High||56.5895|
|Previous Daily Low||52.8193|
|Previous Weekly High||62.4609|
|Previous Weekly Low||50.6584|
|Previous Monthly High||48.5063|
|Previous Monthly Low||35.9836|
|Daily Fibonacci 38.2%||55.1493|
|Daily Fibonacci 61.8%||54.2595|
|Daily Pivot Point S1||53.7958|
|Daily Pivot Point S2||51.4225|
|Daily Pivot Point S3||50.0256|
|Daily Pivot Point R1||57.5659|
|Daily Pivot Point R2||58.9628|
|Daily Pivot Point R3||61.3361|
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