- Litecoin price is trading in negative territory by 2.90% in the session on Friday.
- LTC/USD has offered little in terms of price action since 13 March.
- Given the narrow conditions, it suggests a big breakout is in the works for Litecoin.
LTC/USD daily chart
Risks are still tilted to the downside, as the price moves within a bearish flag structure. Conditions are extremely tight and have been for the last four sessions.
LTC/USD 60-minute chart
- The price formed a bullish flag structure via the 60-minute chart view, presenting an opportunity for some near-term buying pressure.
Spot rate: 38.40
Relative change: -2.90%
|Today last price||39.4842|
|Today Daily Change||-1.0934|
|Today Daily Change %||-2.69|
|Today daily open||40.5776|
|Previous Daily High||40.6144|
|Previous Daily Low||38.5383|
|Previous Weekly High||43.9228|
|Previous Weekly Low||29.277|
|Previous Monthly High||84.4232|
|Previous Monthly Low||56.6073|
|Daily Fibonacci 38.2%||39.8213|
|Daily Fibonacci 61.8%||39.3314|
|Daily Pivot Point S1||39.2058|
|Daily Pivot Point S2||37.834|
|Daily Pivot Point S3||37.1297|
|Daily Pivot Point R1||41.2819|
|Daily Pivot Point R2||41.9862|
|Daily Pivot Point R3||43.358|
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