- Litecoin price trading up on Tuesday as big bulls return, gains at time of writing up 7%.
- LTC/USD pushes to its highest level seen since 19th November.
LTC/USD 15-minute chart
- LTC/USD makes break from a near-term pennant structure, seen via the 15-minute chart view.
Spot rate: 41.51
Relative change: +7.10%
Support 1: 37.23, daily pivot point support.
Support 2: 36.47, daily pivot point support.
Support 3: 35.74, daily pivot point support.
Resistance 1: 38.73, daily pivot point resistance.
Resistance 2: 39.47, daily pivot point resistance.
Resistance 3: 40.23, daily pivot point resistance.
LTC/USD 60-minute chart
- Bulls forced their way out of a near-term range-block formation, as it extends to session high.
LTC/USD daily chart
- Price action extended to the upside, following a breakout from a pennant structure. Bulls are also supported by an ascending trend line.