- The SMA 20 curve acts as an immediate market resistance.
- The 20-day Bollinger band has widened in the four-hour chart, indicating increasing market volatility.
LTC/USD daily chart
LTC/USD was trending horizontally in a narrow range before the price dropped down this Wednesday. Currently, LTC/USD is priced at $49.60 and has found resistance at the SMA 20 curve. The Relative Strength Index (RSI) indicator is trending around 33.15.
LTC/USD four-hour chart
The four-hour LTC/USD chart is trending in an upwards channel formation and has met resistance at the $50.25 line. The 20-day Bollinger jaw has widened, indicating increasing market volatility. The Moving Average Convergence/Divergence (MACD) shows decreasing bearish momentum.
LTC/USD hourly chart
The hourly chart has found support at the upward trending line. The SMA 20 curve has taken a sharp turn and now acts as immediate market resistance. The Elliott Oscillator shows six straight bearish sessions.
|Today last price||49.6011|
|Today Daily Change||-0.1065|
|Today Daily Change %||-0.21|
|Today daily open||49.7076|
|Previous Daily High||50.4118|
|Previous Daily Low||48.4674|
|Previous Weekly High||57.8297|
|Previous Weekly Low||51.1734|
|Previous Monthly High||80.2956|
|Previous Monthly Low||50.399|
|Daily Fibonacci 38.2%||49.669|
|Daily Fibonacci 61.8%||49.2102|
|Daily Pivot Point S1||48.6461|
|Daily Pivot Point S2||47.5846|
|Daily Pivot Point S3||46.7017|
|Daily Pivot Point R1||50.5904|
|Daily Pivot Point R2||51.4733|
|Daily Pivot Point R3||52.5348|
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