- Litecoin seen some up a chunky 6% on Wednesday, with signs of a recovery from the recent causalities.
- LTC/USD bulls have dipped their horns above a stubborn descending trend line, that had been containing upside.
LTC/USD 30-minute chart
Spot rate: 57.044
Relative change: +5.15%
Resistance 1: 59.858, (resistance on 4-hour chart).
Resistance 2: 60.407, 50MA.
Resistance 3: 64.150, supply zone.
Support 1: 55.350, above breached pennant.
Support 2: 54.750, (support on 4-hour chart).
Support 3: 51.690, 14th August low.