• Litecoin is trading 2.41% higher on Friday and is looking to break out of an intraday technical pattern.
  • Bulls will be looking to target the recent high of 84.50 for the trend to continue higher.

LTC/USD Daily Chart

Litecoin has consolidated between 84.50 and 78.25.

Now the price looks like it will break out of the red trendline on the chart below.

Bulls will be looking to target the high of 84.50 for the trend to continue higher.

On the downside, a break of 78.60  would create a new wave low but the price looks to be moving in the opposite direction.

Litecoin Analysis

Additional Levels

LTC/USD

Overview
Today last price 82.5124
Today Daily Change 1.9793
Today Daily Change % 2.46
Today daily open 80.5331
 
Trends
Daily SMA20 69.4305
Daily SMA50 57.2634
Daily SMA100 53.1756
Daily SMA200 61.0626
 
Levels
Previous Daily High 84.4232
Previous Daily Low 77.2513
Previous Weekly High 75.4068
Previous Weekly Low 66.6241
Previous Monthly High 70.0854
Previous Monthly Low 38.7677
Daily Fibonacci 38.2% 79.991
Daily Fibonacci 61.8% 81.6835
Daily Pivot Point S1 77.0486
Daily Pivot Point S2 73.5641
Daily Pivot Point S3 69.8768
Daily Pivot Point R1 84.2204
Daily Pivot Point R2 87.9077
Daily Pivot Point R3 91.3922

 

 

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