# Crypto Technicals: LTC/USD recovery capped at 200H SMA, retest of 200-DMA (82.05) likely

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/2990
Published: 2019-08-12T07:33:47.000Z
Updated: 2019-08-12T07:33:47.000Z
Section: Investing

> Support: 82.05 (200-DMA); Resistance: 90.70 (200H SMA)

[LTC/USD](<https://www.tradingview.com/symbols/LTCUSD/>) chart - Trading View

Exchange - Coinbase

Support: 82.05 (200-DMA); Resistance: 90.70 (200H SMA)

Technical Analysis: Bias Bearish

Litecoin recovery capped at 200H SMA (90.70), bias is still bearish.

The pair has resumed weakness after 2 successive days of upside.

LTC/USD was trading at 86.73, down 3.4% at 07:10 GMT.

Technical bias remains bearish and we see scope for retest of 200-DMA support.

Beach at 200-DMA will open up further downside. While breakout above 200H SMA is required for upside continuation.

[TokenPost](<https://www.tokenpost.com/>) | info@tokenpost.com



## Links in this article

- [LTC/USD](https://www.tradingview.com/symbols/LTCUSD/)
- [TokenPost](https://www.tokenpost.com)