- LTC/USD went up from $69.25 to $69.40 in the early hours of Friday.
- The daily price is trending horizontally in a flag formation.
LTC/USD daily chart
Litecoin’s daily chart has had a bullish start to the day following two straight bearish days. The price of LTC/USD has gone up from $69.25 to $69.40 and found resistance on the downward trending line. While the price is trending below the 200-day simple moving average (SMA 200) and SMA 50 curves, it has found support on the SMA 20 curve. The moving average convergence/divergence (MACD) indicator shows increasing bullish momentum.
LTC/USD 4-hour chart
The 4-hour LTC/USD chart is consolidating in a flag formation and trending below the SMA 200 and SMA 20 curves. The price has found support on the SMA 50 curve. The Elliott oscillator has had a bullish session following 13 straight bearish sessions.
LTC/USD hourly chart
The hourly breakdown of Thursday shows that the price fell to $68.60 before the bulls stepped back in and took it up to $69.95. The bears then checked the price and took LTC/USD down to $69.10. Since then, the bulls have taken the price up to $69.40. The relative strength index (RSI) indicator is trending around the neutral zone.
|Today last price||69.4093|
|Today Daily Change||0.0995|
|Today Daily Change %||0.14|
|Today daily open||69.3098|
|Previous Daily High||70.0809|
|Previous Daily Low||68.4131|
|Previous Weekly High||71.0482|
|Previous Weekly Low||63.9512|
|Previous Monthly High||106.8665|
|Previous Monthly Low||62.166|
|Daily Fibonacci 38.2%||69.0502|
|Daily Fibonacci 61.8%||69.4438|
|Daily Pivot Point S1||68.455|
|Daily Pivot Point S2||67.6002|
|Daily Pivot Point S3||66.7873|
|Daily Pivot Point R1||70.1228|
|Daily Pivot Point R2||70.9357|
|Daily Pivot Point R3||71.7905|
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