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Litecoin (LTC) Price Remains In Uptrend, Eyes Gains Above $60


Litecoin price corrected lower recently,
but it found support near $52.00 against the US dollar. LTC remains in an
uptrend and it could slowly rise towards $58.00 and $60.00.

Key Talking Points

  • Litecoin price is trading nicely above the
    $54.00 and $52.00 support levels (Data feed of Kraken) against the US Dollar.
  • There is a short term breakout pattern in place
    with resistance at $56.50 on the hourly chart.
  • LTC price might dip a few points, but it is
    likely to climb towards $58.00 or $60.00.

Litecoin Price Analysis (LTC)

In the past few sessions, there were range moves in bitcoin, Ethereum, EOS, ripple, litecoin, BNB and other cryptocurrencies against the US dollar. The LTC/USD pair dipped a few points earlier this week, but it found support near the $52.00 level.

Looking at the chart, LTC price traded
as low as $52.12 and later bounced back above the $54.00 resistance level. The
price even broke the $55.00 level and the 100 hourly simple moving average.

A high…



Read Full Story : Ethereum World News

2019-03-15 04:20:40

Aayush Jindal

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