# Crypto Technicals: LTC/USD finds stiff resistance at 21-EMA (58.62), breakout confirms further upside

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/3792
Published: 2019-10-14T10:48:04.000Z
Updated: 2019-10-14T10:48:04.000Z
Section: Investing

> Support: 52.45 (Trendline); Resistance: 58.62 (21-EMA)

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

Exchange - Coinbase

Support: 52.45 (Trendline); Resistance: 58.62 (21-EMA)

Technical Analysis: Bias Neutral

LTC/USD trades marginally higher on the day at 57.02 at 10:30 GMT, intraday bias neutral.

The pair extends sideways along 5-DMA, finds stiff resistance at 21-EMA at 58.62.

Stochs and RSI are biased higher, volatility is extremely lower and 'bullish divergence' keeps scope for upside.

Breakout at 21-EMA confirms upside, next major hurdle lies at 50-DMA at 64.11 ahead of 23.6% Fib at 72.85.

On the flipside, major support lies at 52.45 (rising trendline). Weakness only on break below.

[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)