• Litecoin trades 2.33% higher on Tuesday as cryptocurrency sentiment improves.
  • This move could price the pullback over the last few days was just a blip.

LTC/USD 1-Hour Chart

Litecoin is breaking higher today like much of the other cryptos on Tuesday.

The sell-side volume is still much larger so we would need a pick up to ensure the market is behind this move.

At the moment 70.00 seems to be a good area of support for LTC/USD and a break of the 77.30 resistance would be a good sign for the bulls.

On the daily chart, the shadows (wicks) at the bottom of the candles indicate the buyers are stepping back in.

The level that needs to be taken out on the higher timeframe is 84.50.

Litecoin

Additional Levels

LTC/USD

Overview
Today last price 75.5522
Today Daily Change 2.1365
Today Daily Change % 2.91
Today daily open 73.4157
 
Trends
Daily SMA20 73.4086
Daily SMA50 60.0875
Daily SMA100 53.7531
Daily SMA200 60.786
 
Levels
Previous Daily High 75.4404
Previous Daily Low 68.69
Previous Weekly High 84.4232
Previous Weekly Low 72.4372
Previous Monthly High 70.0854
Previous Monthly Low 38.7677
Daily Fibonacci 38.2% 71.2686
Daily Fibonacci 61.8% 72.8617
Daily Pivot Point S1 69.5903
Daily Pivot Point S2 65.765
Daily Pivot Point S3 62.84
Daily Pivot Point R1 76.3407
Daily Pivot Point R2 79.2657
Daily Pivot Point R3 83.091

 

 

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