This week, there was a decent upward move in bitcoin, Ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC formed a support base above the $192 and $195 levels to start the current increase. It gained pace above the $212 and $225 resistance levels. It even broke the $240 level, but it failed to clear the $245 resistance zone. A high was formed near $244 before there was a fresh decline. The price broke the $232 and $225 support levels. It is now trading well above the $200 level and the 55 simple moving average (4-hours). A low is formed near $211 and the price is now consolidating above the $212 ... (full story)