1-Hour chart showing signs of support

Fibo Quantum

  • Litecoin is trading over 5% lower on Monday as crypto sentiment weakens.
  • Interestingly the stock markets have fallen but Litecoin has failed to capitalise.

LTC/USD 1-Hour Chart

Litecoin is trading over 5% lower on Monday as sentiment has been hit hard.

The chart below shows that the price has found some support at the 75.00 level.

75.00 confluences with the 38.2% Fibonacci support.

If that level breaks to the downside the 71.00 area looks like it could also provide support.

Additional Levels