Litecoin Technical Analysis: LTC/USD $100 barrier difficulties

  • 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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