Litecoin technical analysis: LTC/USD buyers are heavily trying to defend $100 mark


  • Litecoin price is trading up some +2.60% in the second half of the session on Friday. 
  • LTC/USD price action via the 60-minute chart view has tested the big $100 to the downside, but buyers defended again in the session. 
  • The price action via the daily has remained vulnerable following a critical trend line breach. 

 

Spot rate:                106.06

Relative change:      +2.60%

High:                        107.08

Low:                         100.67

LTC/USD

Overview
Today last price 106.021
Today Daily Change 3.0282
Today Daily Change % 2.94
Today daily open 102.9928
 
Trends
Daily SMA20 123.235
Daily SMA50 121.2331
Daily SMA100 101.5789
Daily SMA200 72.5883
Levels
Previous Daily High 108.2889
Previous Daily Low 95.0808
Previous Weekly High 137.0069
Previous Weekly Low 112.2566
Previous Monthly High 146.2716
Previous Monthly Low 97.5782
Daily Fibonacci 38.2% 100.1263
Daily Fibonacci 61.8% 103.2434
Daily Pivot Point S1 95.9528
Daily Pivot Point S2 88.9128
Daily Pivot Point S3 82.7448
Daily Pivot Point R1 109.1609
Daily Pivot Point R2 115.3289
Daily Pivot Point R3 122.3689

 

LTCH/USD 60-minute chart

  • Price action via the 60-minute is moving within a bearish flag structure. 

LTC/USD daily chart

  • Price action via the daily chart view despite the small gains today, is still subject to further potential downside given an ascending trend line break. 

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