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Supports and resistances are primary concepts of technical analysis. LTCBTC is heading for an important price of 1.1250E-03 – read about what this could mean for the future.

The movement of LTCBTC towards 1.1250E-03 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Important price line being approached by BTCUSD. This price has been tested numerous times before.

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