- Litecoin price is trading in the red, with losses of 2.75% the session on Friday.
- LTC/USD daily price action is retesting a breached bull pennant.
- Critical support at the $60 price mark has been breached.
LTC/USD daily chart
Failure of the daily breached pennant structure retest could force large selling pressure to the downside.
LTC/USD 60-minute chart
The price has cleared near-term critical demand at $60, opening the door to a fresh wave of selling.
Spot rate: 59.74
Relative change: -2.75%
|Today last price||59.7198|
|Today Daily Change||-1.7059|
|Today Daily Change %||-2.78|
|Today daily open||61.4257|
|Previous Daily High||64.2865|
|Previous Daily Low||60.225|
|Previous Weekly High||62.9256|
|Previous Weekly Low||56.0159|
|Previous Monthly High||64.1049|
|Previous Monthly Low||47.2078|
|Daily Fibonacci 38.2%||61.7765|
|Daily Fibonacci 61.8%||62.735|
|Daily Pivot Point S1||59.6716|
|Daily Pivot Point S2||57.9176|
|Daily Pivot Point S3||55.6102|
|Daily Pivot Point R1||63.7331|
|Daily Pivot Point R2||66.0405|
|Daily Pivot Point R3||67.7945|