• Litecoin price on Wednesday is trading in negative territory, nursing losses over 2%. 
  • LTC/USD price action via the daily is breaching a key near-term ascending trend line.
  • 15-minute chart view shows a bearish pennant structure, inviting further potential selling. 

 

Spot rate:                  74.11

Relative change:      -2.25%

High:                         79.51

Low:                          72.29

LTC/USD

Overview
Today last price 74.1028
Today Daily Change -0.7915
Today Daily Change % -1.06
Today daily open 74.8943
 
Trends
Daily SMA20 75.454
Daily SMA50 74.0218
Daily SMA100 60
Daily SMA200 48.6036
Levels
Previous Daily High 79.5184
Previous Daily Low 74.4704
Previous Weekly High 81.3432
Previous Weekly Low 66.0294
Previous Monthly High 99.4789
Previous Monthly Low 60.3565
Daily Fibonacci 38.2% 76.3988
Daily Fibonacci 61.8% 77.5901
Daily Pivot Point S1 73.0703
Daily Pivot Point S2 71.2464
Daily Pivot Point S3 68.0223
Daily Pivot Point R1 78.1184
Daily Pivot Point R2 81.3424
Daily Pivot Point R3 83.1664

 

LTC/USD 15-minute chart

  • Near-term bearish pennant can be eyed via the 15-minute chart view, subject to a potential breakout south. 

 

LTC/USD daily chart

  • Price action via the daily is breaking out to the downside from a critical ascending supporting trend line. 

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