This week, there was a decent recovery wave in bitcoin, ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC declined heavily below the $130 level and the 55 simple moving average (4-hours). The price even broke the $120 support level. It traded close to the $100 level and a low was formed near $105. Recently, there was an upside correction from $105 and the price climbed above $120. There was a break above the 23.6% Fib retracement level of the key decline from the $182 swing high to $105 low. However, the price is still trading well below $140 and the 55 simple moving average (4-hours). There is also ... (full story)