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Litecoin price analysis: bears struggle to break key support

From capital.com

Litecoin could start to rebound higher this week, after bears repeatedly struggle to breach the technical important $38.50 support level. Litecoin price analysis shows that a strong counter rally will begin if bulls move the price above the $50 level. Litecoin is starting to appear more bullish as sellers struggle to breach the former monthly trading low last week. Litecoin technical analysis shows that the $60 level remains the medium-term upside target for LTC/USD bulls if a counter-rally begins. The daily time frame shows that the cryptocurrency will break above a long-term falling wedge pattern if the price moves ... (full story)

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  • Category: Technical Analysis