- Litecoin is nursing losses of over 2% on Friday, a lack of rest from the selling pressure.
- LTC/USD price action has formed a bearish flag, subject to a potential breakout to the downside.
LTC/USD 60-minute chart
Relative change: -1.80%
Support 1: 61.250, (support on 60-minute chart).
Support 2: 60.750, demand zone.
Support 3: 60.000, 8th August low.
Resistance 1: 62.570, 50MA.
Resistance 2: 63.830, (resistance on 60-minute chart).
Resistance 3: 64.55, supply area.
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