Ken Chigbo
Independent Analyst
- Litecoin price Tuesday is trading positive territory towards the latter stages of trading in the session, gains of around 2%.
- LTC bulls are having some problems breaking down chunky supply heading into the psychological $100 territory.
- A near-term barrier as seen via the 60-minute view runs from $92-94 price range.
Spot rate: 89.53
Relative change: +2.10%
High: 94.02
Low: 86.66
LTC/USD 60-minute chart
- Near-term problematic barrier observed from $92-94 price range, preventing a $100 return at present.
LTC/USD daily chart
- Bulls are struggling to breakdown problematic supply heading into the $100 price territory.
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