Litecoin Technical Analysis: LTC/USD bulls making another big attempt

  • Litecoin price holding modest gains in the early part of the session, up 0.60%.
  • LTC/USD supported near-term by an ascending trend line, seen via the 60-minute.
  • A push above the $35-36 region will be key for greater upside to be seen over the coming days. 

LTC/USD 4-hour chart

 
 

Spot rate:                  34.77

Relative change:      +0.68%

High:                         35.39

Low:                          33.00

 

Trend:                        Neutral/Bullish

 

Resistance 1:             36.00, supply area.

Resistance 2:             36.95, daily pivot point resistance. 

Resistance 3:             39.26, daily pivot point resistance. 

Support 1:                  31.67, daily pivot point support. 

Support 2:                  28.70, daily pivot point support.

Support 3:                  26.39, daily pivot point support. 

 

LTC/USD 60-minute chart

  • LTC/USD current upside run being supported by an ascending trend line via the 60-minute.

 

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