Litecoin price remained well bid above the $60 support zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $70 level.
Litecoin started a fresh decline below $80 support against the US Dollar.
The price is now trading below $70 and the 100 simple moving average (4-hours).
There is a key bearish trend line forming with resistance near $70.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken).
The price could start a decent increase if there is a clear move above the $72 resistance.
Litecoin Price Eyes Upside Break
Earlier this month, litecoin price saw a steady decline from well above the $80 level against the US Dollar. LTC price declined below the $75 support zone to move into a bearish zone, similar to bitcoin and ethereum.
The price gained pace below the $70 support and the 100 simple moving average (4-hours). A low was formed near $61.02 and the price is now attempting a recovery wave. There was a decent upside correction above the $63 a
We współpracy z: https://newsbtc.com/analysis/ltc/litecoin-price-prediction-80/
