- Litecoin price on Thursday is dealing with losses of over 5%, after taking a beating of around 20% in the past two sessions.
- LTC/USD came crashing down into vital support, around the $53 region, after losing an arm and a leg.Â
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LTC/USD 60-minute chartÂ
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Spot rate:Â Â Â Â Â Â Â Â Â Â 54.894
Relative change:Â Â Â Â -5.02%
High:Â Â Â Â Â Â Â Â Â Â Â Â Â 57.911
Low:Â Â Â Â Â Â Â Â Â Â Â Â Â Â 53.914
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Trend:Â Â Â Â Â Â Â Â Â Â Â Â Bearish
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Support 1:         54.600, support on 60-minute chart.
Support  2:         53.901, session low (Thursday) & 22 August.
Support  3:         53.250, very back end of demand zone & 21st August bottom.
Resistance 1:Â Â Â Â Â Â Â 55.470, resistance on 60-minute chart.
Resistance 2:Â Â Â Â Â Â 57.250, supply area.
Resistance 3:      58.500, top area for 25/27 August. Â
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