• Litecoin price is trading in negative territory by 2.30 % in the session on Wednesday. 
  • LTC/USD is moving within a narrowing nature, sitting just above critical support at $40. 
  • The coming range breakout will likely be trend defining, with risks tilting to the downside. 

 

LTC/USD daily chart

Vulnerabilities remain tilted to the downside, given the bearish flag breach. 

LTC/USD 60-minute chart

Price action formed a head and shoulder structure and has breached the neckline, inviting further downside pressure. 

 

Spot rate:               40.38

Relative change:  -2.30%

High:                      41.77

Low:                       40.22

LTC/USD

Overview
Today last price 40.4198
Today Daily Change -0.8048
Today Daily Change % -1.95
Today daily open 41.2246
 
Trends
Daily SMA20 41.3175
Daily SMA50 45.5205
Daily SMA100 55.0908
Daily SMA200 53.0477
 
Levels
Previous Daily High 41.9286
Previous Daily Low 40.5748
Previous Weekly High 47.6578
Previous Weekly Low 39.9638
Previous Monthly High 63.9927
Previous Monthly Low 24.9467
Daily Fibonacci 38.2% 41.092
Daily Fibonacci 61.8% 41.4115
Daily Pivot Point S1 40.5567
Daily Pivot Point S2 39.8889
Daily Pivot Point S3 39.2029
Daily Pivot Point R1 41.9105
Daily Pivot Point R2 42.5965
Daily Pivot Point R3 43.2643

 

 


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