Litecoin Technical Analysis: LTC/USD bulls are set to conquer the big $100 again


  • Litecoin price Monday is trading with gains of around 4.0% in the latter stages of the session. 
  • LTC/USD has been running higher since the bullish flag breakout which triggered on April 30. 
  • The bulls are attempting to break down the $100 price area, which remains somewhat stubborn. 

 

Spot rate:                  89.03

Relative change:      +3.95%

High:                         92.84

Low:                          84.30

LTC/USD

Overview
Today last price 88.9318
Today Daily Change 4.0600
Today Daily Change % 4.78
Today daily open 84.8718
 
Trends
Daily SMA20 75.347
Daily SMA50 75.9856
Daily SMA100 62.4135
Daily SMA200 49.2819
Levels
Previous Daily High 93.8517
Previous Daily Low 83.7207
Previous Weekly High 79.5651
Previous Weekly Low 72.2954
Previous Monthly High 99.4789
Previous Monthly Low 60.3565
Daily Fibonacci 38.2% 87.5908
Daily Fibonacci 61.8% 89.9817
Daily Pivot Point S1 81.1111
Daily Pivot Point S2 77.3504
Daily Pivot Point S3 70.9801
Daily Pivot Point R1 91.2421
Daily Pivot Point R2 97.6124
Daily Pivot Point R3 101.3731

 

LTC/USD 60-minute chart

  • Price action via the 60-minute chart is moving within a bullish flag pattern formation, subject to an extended move to the upside. 

LTC/USD daily chart

  • A chunky barrier of supply can be observed heading into the $100 price territory. 

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