Litecoin Technical Analysis: LTC/USD bulls losing some ground in final barrier ahead of $10,000

  • Litecoin price Wednesday is trading in positive territory up over 2% in the second part of the day. 
  • LTC bulls near-term price action is consolidating, having formed a bullish pennant subject to a breakout. 
  • Bulls are breaking down the barrier seen just ahead of $100 price territory. 

 

 

Spot rate:                  93.21

Relative change:      +2.0%

High:                         95.15

Low:                          90.81

LTC/USD

Overview
Today last price 92.7588
Today Daily Change 1.2205
Today Daily Change % 1.33
Today daily open 91.5383
 
Trends
Daily SMA20 76.9248
Daily SMA50 77.1876
Daily SMA100 63.5333
Daily SMA200 49.6539
Levels
Previous Daily High 94.0244
Previous Daily Low 86.6666
Previous Weekly High 79.5651
Previous Weekly Low 72.2954
Previous Monthly High 99.4789
Previous Monthly Low 60.3565
Daily Fibonacci 38.2% 91.2137
Daily Fibonacci 61.8% 89.4773
Daily Pivot Point S1 87.4618
Daily Pivot Point S2 83.3853
Daily Pivot Point S3 80.1041
Daily Pivot Point R1 94.8196
Daily Pivot Point R2 98.1009
Daily Pivot Point R3 102.1774

 

LTC/USD 60-minute chart

  • The price via the 60-minute chart view is moving within consolidation mode, as the price narrows pending next move. A near-term bullish pennant can be eyed via the 60-minute view. 

LTC/USD daily chart

  • Bulls trying to breakdown the minor barrier ahead of a $100 return, much support seen below with an ascending trend line via the daily. 

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