- Crypto sentiment remains weak on the last trading day of the year.
- LTC/USD is 1.66% lower today and we are looking to see if the trendline retest will hold.
LTC/USD Daily Chart
Litecoin did break the trendline but the bearishness has kicked back in during the holiday season.
The LTC/USD price is still under the 55 and 200 daily EMA’s which is a bearish sign.
The RSI is also in a bearish zone under the 50 mid-line but a bullish divergence may be forming.
The key support is 35.88 as if it breaks the price will make a new wave low.
Longerterm the trend looks set to continue and there the only sign of a bullish reversal is the trendline break.
|Today last price||41.6414|
|Today Daily Change||-0.6431|
|Today Daily Change %||-1.52|
|Today daily open||42.2845|
|Previous Daily High||44.0506|
|Previous Daily Low||41.77|
|Previous Weekly High||42.7075|
|Previous Weekly Low||39.4533|
|Previous Monthly High||66.2492|
|Previous Monthly Low||42.351|
|Daily Fibonacci 38.2%||42.6412|
|Daily Fibonacci 61.8%||43.1794|
|Daily Pivot Point S1||41.3528|
|Daily Pivot Point S2||40.4212|
|Daily Pivot Point S3||39.0723|
|Daily Pivot Point R1||43.6334|
|Daily Pivot Point R2||44.9822|
|Daily Pivot Point R3||45.9139|