Litecoin Futures Fall Below $58.21 Support With $59.87 Resistance Next

Litecoin futures traded below calculated support at $58.21 in an Oct. 15 snapshot, with a 6.57% 24-hour decline and resistance at $59.87 as the next listed level. At 1:14 a.m. ET (05:14 UTC), LTC futures were $57.57. The reading showed the price below its first calculated support level of $58.21, with a second support at $56.99. The listed resistance levels were $59.87 and $63.04. These calculated markers describe technical levels in the futures market; they do not establish that the price will move to either one. Futures prices can differ from spot prices, so this snapshot describes derivatives trading separately from the spot market. Oct. 13 spot-market levels provide an earlier comparison. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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