- Litecoin is still experiencing the impact of the death cross even as the hunt for a bottom continues.
- The RSI recovery towards 50 shows that the bulls are ready to regain control and stir some action upwards.
Spot rate: $43.76
Relative change: 0.0755
Percentage change: 0.17%
LTC/USD daily chart
Litecoin is grinding closer to a falling wedge pattern breakout most likely to reclaim lost ground heading to $100.
The declines are, however, slowing down as shown by the moving average gap, which has started to narrow.
LTC/USD 4-hour chart
Litecoin bulls must reclaim the support at $45 to avoid declines into the $30’ range.
|Today last price||43.7229|
|Today Daily Change||0.0330|
|Today Daily Change %||0.08|
|Today daily open||43.6899|
|Previous Daily High||44.0801|
|Previous Daily Low||42.8434|
|Previous Weekly High||48.5063|
|Previous Weekly Low||43.8063|
|Previous Monthly High||66.2492|
|Previous Monthly Low||42.351|
|Daily Fibonacci 38.2%||43.6077|
|Daily Fibonacci 61.8%||43.3158|
|Daily Pivot Point S1||42.9955|
|Daily Pivot Point S2||42.301|
|Daily Pivot Point S3||41.7587|
|Daily Pivot Point R1||44.2322|
|Daily Pivot Point R2||44.7745|
|Daily Pivot Point R3||45.469|
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