For the day forward
Litecoin would wish to keep away from a fall via the $148.38 pivot stage and the 23.6% FIB of $148 to help a run on the first main resistance stage at $158.50.
Assist from the broader market can be wanted, nonetheless, for Litecoin to interrupt out from Monday’s excessive $155.00.
Barring an prolonged crypto rally, the primary main resistance stage and resistance at $160 would doubtless cap any upside.
Within the occasion of an prolonged breakout, Litecoin may take a look at resistance at $170. The second main resistance stage sits at $165.11.
Failure to keep away from a fall via the $148.38 pivot stage and the 23.6% FIB would deliver the primary main help stage at $141.77 into play.
Barring one other prolonged sell-off, Litecoin ought to avoid the second main help stage at $131.65.
Wanting on the Technical Indicators
First Main Assist Stage: $141.77
Pivot Stage: $148.38
First Main Resistance Stage: $158.50
23.6% FIB Retracement Stage: $148
38.2% FIB Retracement Stage: $125
62% FIB Retracement Stage: $87