- Litecoin price is trading in positive territory by+7.80 % in the session on Wednesday.
- LTC/USD encountered explosive buying down at $38.50, an unexpected surge.
- The price managed to print fresh highs for the week, following the jump north.
LTC/USD daily chart
The bulls will need to break back above the breached bear flag to void the downside bias.
LTC/USD 60-minute chart
The buying came into play down at the lowest levels that were seen since 1 April, it very much came as a surprise and not even so much bouncing off any key support.
Spot rate: 42.36
Relative change: +7.80%
|Today last price||42.4853|
|Today Daily Change||3.1867|
|Today Daily Change %||8.11|
|Today daily open||39.2986|
|Previous Daily High||41.7775|
|Previous Daily Low||39.1393|
|Previous Weekly High||47.6578|
|Previous Weekly Low||39.9638|
|Previous Monthly High||63.9927|
|Previous Monthly Low||24.9467|
|Daily Fibonacci 38.2%||40.1471|
|Daily Fibonacci 61.8%||40.7697|
|Daily Pivot Point S1||38.3661|
|Daily Pivot Point S2||37.4335|
|Daily Pivot Point S3||35.7278|
|Daily Pivot Point R1||41.0043|
|Daily Pivot Point R2||42.7101|
|Daily Pivot Point R3||43.6426|
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