• Litecoin price is trading in negative territory by 3.10% in the session on Wednesday. 
  • LTC/USD bulls giving up ground after two straight days in the green. 
  • A critical range breakout is nearing, but the price could still very much go either way.

 

LTC/USD daily chart

A bearish flag structure is viewable via the daily chart, which if capitalized on by the bears, will spark another round of selling. 

LTC/USD 60-minute chart

Price action via the 60-minute chart view has breached a near-term critical trend line of support. It can now be seen consolidating within a bearish flag structure, at risk of breach south. 

 

Spot rate:                39.06

Relative change:    -3.10%

High:                        41.15

Low:                         38.22

LTC/USD

Overview
Today last price 39.1038
Today Daily Change -1.5998
Today Daily Change % -3.93
Today daily open 40.7036
 
Trends
Daily SMA20 42.9278
Daily SMA50 59.8865
Daily SMA100 55.0361
Daily SMA200 56.0743
 
Levels
Previous Daily High 41.0418
Previous Daily Low 38.397
Previous Weekly High 43.9228
Previous Weekly Low 29.277
Previous Monthly High 84.4232
Previous Monthly Low 56.6073
Daily Fibonacci 38.2% 40.0315
Daily Fibonacci 61.8% 39.4073
Daily Pivot Point S1 39.0532
Daily Pivot Point S2 37.4027
Daily Pivot Point S3 36.4084
Daily Pivot Point R1 41.6979
Daily Pivot Point R2 42.6922
Daily Pivot Point R3 44.3426

 

 

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