Recently, there was a steady recovering in bitcoin, Ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC traded close to the $250 support level. A low was formed near $253 before the pair formed a base above the $255 level. As a result, the price started a steady increase above the $170 and $175 resistance levels. There was a break above the 50% Fib retracement level of the downward move from the $205 high to $153 swing low. There was also a break above a major bearish trend line with resistance near $175 on the 4-hours chart of the LTC/USD pair. The pair is now trading well above $180 and the 55 simple ... (full story)